The federal government has insisted that it must concession Nigeria’s major airport terminals to secure investors that would expand the facilities in order to meet increasing passenger traffic, projected to reach 55 million by 2024. This is in line with the projection of the International Air Transport Association (IATA), which stated that air transport growth […]
The Federal Government has assured that none of the over 8000 workers of the Federal Airports Authority of Nigeria (FAAN) would lose his job if the major airports in the country are given out in concession under the Public, Private Partnership (PPP) arrangement of the Buhari administration. Government has also said that it would use […]
The Ministry of Aviation has explained that the designation of four international airports in Nigeria as special economic zones will help harness the socio-economic benefits derivable from civil aviation, generate revenues for government as well as create avenues to mobilise local and foreign direct investment for overall growth of the economy. The Ministry made this […]
Industry experts in this report discuss the best model of concession for Nigeria. The federal government has decided to concession the terminal facilities at four major airports in the country, despite the misgivings and protests by labour. The airports include the Murtala Muhammed International Airport (MMIA), Lagos, the Nnamdi Azikiwe International Airport, Abuja, the Aminu […]
Aviation industry experts still insist that if government must concession the airports, it must ensure there is legal framework and due process. Recently Aviation Round Table (ART), a think-tank group of industry experts, held a webinar conference on airport concession and sounded a note of warning to the federal government, insisting that for the effort […]
