Aviation industry stakeholders have identified political uncertainty, policy summersault and high cost implication as barriers to the planned concession of major airports in the country. They dismissed the idea that concessioning Nigerian airports would be the solution to the perennial problem of poor and obsolete infrastructure and insisted that the facilities were not attractive enough […]
Since the federal government declared that it would concession terminal facilities in four major airports in the country, the plan has been fraught with controversies and fierce resistance from labour On November 22, 2006, the International Finance Corporation, the private sector arm of the World Bank Group, reported that it has successfully concluded an advisory […]
Nigeria failed to benefit from the World Bank Group’s $851 financing for air transport infrastructure earmarked for developing nations in 2020 to provide succour for the devastation of the industry by COVID-19 as well as to support projects in the aviation sector. List of beneficiaries are contained in the Washington-based institution’s ‘Air Transport Annual Report […]
