Aviation industry stakeholders have said that the inability of the federal government to honour agreements was the major reason why international financiers, lessors and investors failed to support the planned national carrier, Nigeria Air. The industry players said despite the claims by government top officials that some institutions were interested in the airline, there were […]
International investors eye the African market, which is described as new frontier for economic development. This has attracted global companies to invest in the aviation sector of some African countries. But Nigeria despite its vigorous campaign for foreign direct investment and huge opportunities as the most populous country in the continent, has been unable to […]
The Senate Committee on Privatisation on Monday berated the federal government for its failure to honour agreement it entered into when it concessioned the domestic terminal of the Murtala Muhammed International Airport, Lagos, known as MMA2 to Bi-Courtney Aviation Services Limited (BASL). The concession agreement, which was reached in 2006 stated that BASL would […]
