The Federal Executive Council FEC, has approved the establishment of a Maintenance Repair and Overhaul MRO centre expected to generate 185 million dollars.
This is contained in a statement issued by Acting Head, Media and Publicity, Infrastructure Concession Regulatory Commission ICRC in Abuja.
Yarling said the approval was given following the issuance of a Full Business Case FBC Compliance Certificate by the ICRC to the Federal Ministry of Aviation.
She said the MRO centre which would be the first in West and Central Africa would be a one-stop-shop for the overhaul, routine maintenance and service of aircraft.
She said the MRO is part of the key elements in the aviation sector roadmap of the current administration of President Muhammadu Buhari.
Yarling explained that the roadmap in aviation was an outcome of a careful appraisal of the challenges, risks and opportunities of the air transport sector in Nigeria after due consultation with key stakeholders.