OPINION BY CHUKWUEMEKA UWANAKA: Air Peace and Nigeria’s pivot to Asia | TheCable
in a series of direct flights to other leading Asian and global economies by Air Peace, and signifies what could be a positive and strategic pointer in Nigeria’s economic and bilateral relations with some of the newly leading and emerging economies in the world- if strategically managed.
Nigeria has mostly been unable to maximize the benefits of several Bilateral Air Service Agreements signed with other countries. This is largely because Nigerian airlines have lacked the capacity to sustainably operate international routes, as well as for other reasons. In the process, high value jobs and economic activities in the international aviation supply chain that should accrue to Nigeria are lost.
Within the strategic information and communications technology sector that constitutes 16.22% of gross domestic product in 2022, and where growth is driven by the telecommunications sub-sector, Chinese companies are also very visible.
If Nigeria’s pivot to Asia is going to be more beneficial and made of sterner stuff, what then are the strategic approaches to be adopted? This new foreign policy perspective should lead to the development of joint policy briefs by both sectors, such as the Nigeria Institute of International Affairs collaborating with MAN, NECA, NESG or NACCIMA, where economic policy briefs also contain segments on the foreign policy implications of economic situations in Nigeria.
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