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FG Approves Concession Of Lagos, Abuja Airports - Travel - Nairaland

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FG Approves Concession Of Lagos, Abuja Airports by dre11(m): 4:17pm On Sep 11
by Oluseyi Awojulugbe




Yemi Osinbajo, vice president, says the federal executive council has agreed to concession the Murtala Muhammed Airport, Lagos and Nnamdi Azikiwe Airport, Abuja.

The vice president made this known on Monday while speaking at the fifth edition of the presidential quarterly business forum which held at the State House, Abuja.

“I am pleased to say that the federal executive council (FEC) has approved the concessioning of the Lagos and Abuja airports,” Osinbajo said.
VP @ProfOsinbajo : I'm pleased to say the Fed Exec Council (FEC) has approved the concessioning of the Lagos & Abuja Airports

#PQBForum
1:36 PM - Sep 11, 2017
22 177 141 Presidency Nigeria
@NGRPresident
A concession means that private companies and investors will be involved in the day-to-day running of the airport.

In 2016, the federal government had indicated interest in concessioning the Lagos, Abuja, Port Harcourt and Kano airports to increase their capacity and efficiency.

Labour unions in the Federal Airports Authority of Nigeria (FAAN) had expressed their lack of trust and confidence in the process, vowing to take all reasonable measures to stop the planned concession of the airports.

Hadi Sirika, the minister of state for aviation, had assured that the process of concessioning the airports would be transparent.

“Public-Private-Partnership and concession in the airports have never been done in a structured and transparent manner,” he had said.

“The contracts are not properly prepared, no risk analysis and no financial models. Consequently, it is not surprising that they ended in litigation. I want to assure stakeholders that we will be transparent and the concession is in the best interest of the country.

“We will ensure that Nigerians are given priority in getting jobs in the aviation sector. We will give adequate time for the airlines to prepare themselves but for sure, we will ensure that it happens soonest.”

Hadi Sirika has already inaugurated two committees, project steering committee and project delivery committee, for the concessioning process.

In 2007, Olusegun Obasanjo, the president at that time, had concessioned terminal two of the Murtala Muhammed Airport to Bi-Courtney Aviation Services Limited (BASL), the first public private partnership (PPP) initiative in the history of Nigeria’s aviation sector.

https://www.thecable.ng/just-in-fg-approves-concession-of-lagos-abuja-airport

lalasticlala

3 Likes

Re: FG Approves Concession Of Lagos, Abuja Airports by GavelSlam: 4:24pm On Sep 11
Good.

3 Likes

Re: FG Approves Concession Of Lagos, Abuja Airports by EVarn(m): 4:26pm On Sep 11
A very commendable initiative; they should however ensure a transparent and well structured process.

34 Likes 3 Shares

Re: FG Approves Concession Of Lagos, Abuja Airports by ritababe(f): 4:39pm On Sep 11
all na mouth e go end. mtcheeeww.

5 Likes

Re: FG Approves Concession Of Lagos, Abuja Airports by greatiyk4u(m): 4:44pm On Sep 11
I am optimistic that the remaining two years is gonna be filled with Positive results

38 Likes 2 Shares

Re: FG Approves Concession Of Lagos, Abuja Airports by 989900: 4:52pm On Sep 11
That took too long!!!

10 Likes

Re: FG Approves Concession Of Lagos, Abuja Airports by Blue3k(m): 5:01pm On Sep 11
Finally they should stop trying to manage these assets. I'm not surprised the unions hate the idea of actually working.

Labour unions in the Federal Airports Authority of Nigeria (FAAN) had expressed their lack of trust and confidence in the process, vowing to take all reasonable measures to stop the planned concession of the airports.

21 Likes 1 Share

Re: FG Approves Concession Of Lagos, Abuja Airports by ceeroh(m): 5:16pm On Sep 11
.
Re: FG Approves Concession Of Lagos, Abuja Airports by Moreoffaith(m): 5:17pm On Sep 11
Gbam

Eko on I baje

RKO on I baje rara o.

1 Like 1 Share

Re: FG Approves Concession Of Lagos, Abuja Airports by mmb: 5:17pm On Sep 11
Nice move by Buhari and his Government.
Now our main Airports can be of international standard.

16 Likes 1 Share

Re: FG Approves Concession Of Lagos, Abuja Airports by Yomzzyblog: 5:17pm On Sep 11
Ok
Re: FG Approves Concession Of Lagos, Abuja Airports by AfizDeMedici(m): 5:17pm On Sep 11
interesting.
Re: FG Approves Concession Of Lagos, Abuja Airports by meelerh(f): 5:17pm On Sep 11
So govt in Nigeria cannot handle anything or it's d new way of diverting funds

9 Likes

Re: FG Approves Concession Of Lagos, Abuja Airports by bejeria101(m): 5:18pm On Sep 11
EVarn:
A very commendable initiative; they should however ensure a transparent and well structured process.

What can be transparent abt dis Apc govt?

9 Likes

Re: FG Approves Concession Of Lagos, Abuja Airports by coalcoal1(m): 5:18pm On Sep 11
good

1 Like

Re: FG Approves Concession Of Lagos, Abuja Airports by Nobody: 5:18pm On Sep 11
Way to go.
Re: FG Approves Concession Of Lagos, Abuja Airports by Sammyprinceson(f): 5:19pm On Sep 11
You mean Lagos will be autonomous, what of Biafra?
Re: FG Approves Concession Of Lagos, Abuja Airports by freak33: 5:19pm On Sep 11
MadManTalking:
Way to go.
and you think it will come to pass?
Re: FG Approves Concession Of Lagos, Abuja Airports by Iscoalarcon: 5:19pm On Sep 11
Here to book space
Re: FG Approves Concession Of Lagos, Abuja Airports by freak33: 5:19pm On Sep 11
Sammyprinceson:
You mean Lagos will be autonomous, what of Biafra?

please don't divert from the topic.

18 Likes

Re: FG Approves Concession Of Lagos, Abuja Airports by quisera(m): 5:20pm On Sep 11
good one
Re: FG Approves Concession Of Lagos, Abuja Airports by bigpicture001: 5:21pm On Sep 11
now you guyz would beleive when I say...yar 'a'dua was nigeeia's worst president since "99...he reversed d privatization of refinery, he reversed the concession if the airoorts,he reversed the ban on the import quota on cement, ..etc...that man set us bak for 10 years....open your eyes to economy and pay less attention to politics then you can rate your leaders better...

27 Likes 2 Shares

Re: FG Approves Concession Of Lagos, Abuja Airports by HeGeMon(m): 5:21pm On Sep 11
Government has no business in business. That's standard practice the world over, for efficient services & reduction in corruption, redtapism & embezzlement.
meelerh:
So govt in Nigeria cannot handle anything or anything it's d new way of diverting funds

12 Likes

Re: FG Approves Concession Of Lagos, Abuja Airports by ONeMAnMOPOL: 5:21pm On Sep 11
989900:
That took too long!!!
Another fraud, to be prolong till eternity...

1 Like

Re: FG Approves Concession Of Lagos, Abuja Airports by lonelydora(m): 5:21pm On Sep 11
A very good move. But they should not award it to politicians asa pat on the back.
Re: FG Approves Concession Of Lagos, Abuja Airports by felixomor: 5:21pm On Sep 11
All the moneys used for airport mgt will now go where?

Nowhere or someone ...... undecided

3 Likes 1 Share

Re: FG Approves Concession Of Lagos, Abuja Airports by Blue3k(m): 5:23pm On Sep 11
Sammyprinceson:
You mean Lagos will be autonomous, what of Biafra?

What is Biafra? There's no concessions yet for Enugu Airport. They did want to concessions Port Harcourt Airport. Akwa Ibom Airport is managed by the state.

5 Likes 1 Share

Re: FG Approves Concession Of Lagos, Abuja Airports by Nobody: 5:23pm On Sep 11
Sammyprinceson:
You mean Lagos will be autonomous, what of Biafra?
What is Biafra? Name of a goat or fowl?

16 Likes 1 Share

Re: FG Approves Concession Of Lagos, Abuja Airports by larryUG(m): 5:23pm On Sep 11
meelerh:
So govt in Nigeria cannot handle anything or anything it's d new way of diverting funds
The biggest airports in the world are concessioned. Heathrow and Gatwick in the UK, JFK in the US. They are not run directly by government.

14 Likes

Re: FG Approves Concession Of Lagos, Abuja Airports by meelerh(f): 5:23pm On Sep 11
HeGeMon:
Government has no business in business. That's standard practice the world over, for efficient services & reduction in corruption, redtapism & embezzlement.
It depends on what you call business because everything is business

2 Likes 1 Share

Re: FG Approves Concession Of Lagos, Abuja Airports by Pavore9: 5:24pm On Sep 11
Blue3k:
Finally they should stop trying to manage these assets. I'm not surprised the unions hate the idea of actually working.


They prefer receiving pay without rendering efficient services.

7 Likes 3 Shares

Re: FG Approves Concession Of Lagos, Abuja Airports by meelerh(f): 5:25pm On Sep 11
larryUG:

The biggest airports in the world are concessioned. Heathrow and Gatwick in the UK, JFK in the US. They are not run directly by government.

Yea where laws are enforced not here in Nigeria. E

1 Like

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