Nigeria’s aviation industry is not only moving people; it is powering commerce. According to the latest Value of Air Transport to Nigeria report by Oxford Economics for IATA, the country’s airports handled 195,700 tonnes of air cargo in 2023, underscoring the sector’s pivotal role in trade, supply chains, and economic growth.
Air Cargo: The Silent Engine of the Economy
According to the report, while passenger flights often capture headlines, cargo operations are the silent engine that keeps businesses running. From perishable agricultural exports to critical medical supplies and high-value electronics, air cargo connects Nigeria to global markets with speed and reliability.
“Cargo carried by air represents only a fraction of Nigeria’s overall trade volume, but it accounts for goods of significant value,” the report noted. This means while ships carry bulk cargo, aviation moves the products that demand precision, speed, and security.
Trade and E-Commerce Boom
With Nigeria’s growing digital economy, air freight is also becoming essential for e commerce.
Logistics companies and airlines are increasingly partnering to meet rising consumer demand for fast deliveries. Analysts say this trend will only intensify as more Nigerians shop online and SMEs export to regional and global markets.
Regional Connectivity and Beyond
Nigeria’s geographic position offers natural advantages as a logistics hub for West and Central Africa.
Its 24 commercial airports and growing airline base provide the infrastructure needed to expand cargo operations further.
With investment in specialized cargo terminals, cold storage, and digital tracking systems, Nigeria could capture a larger share of Africa’s booming trade flows.
Unlocking More Value
Stakeholders believe targeted policies can unlock even greater value from air cargo. Lowering tariffs on aviation equipment, expanding free trade zones, and harmonizing customs processes across borders are seen as game-changers.
As the report concludes: “Air cargo is more than freight, it is an enabler of trade, jobs, and development. For Nigeria, each tonne of goods shipped by air strengthens its role as Africa’s economic powerhouse.”