They are not viable at moment. Its waste of money to spend any more funds creating a structure that needs subsidy to operate.

The solution should be regionalism, let every region determine what they want to do or don't want to do.

The useless method of the federal government trying to hold back some regions by claiming that they don't have money is totally unproductive.

There are some regions that by nature are not business inclined, regions that don't need the airport can close their airports and those that need more can open more in every state.

Then, comes china

It's time for the Federal govt to sell some of the unprofitable airports to people who know what to do with them.abeg

Remove aviation from exclusive list and allow states to operate airports. If the FG wants to control everything then they should stop complaining of the burden.

SLAP44:
The solution should be regionalism, let every region determine what they want to do or don't want to do.

The useless method of the federal government trying to hold back some regions by claiming that they don't have money is totally unproductive.

There are some regions that by nature are not business inclined, regions that don't need the airport can close their airports and those that need more can open more in every state.

Aguyi Ironsu demolished regional government but I thought Goatluck Jonaddaft reinforced the regions. If Goatluck Jonaddaft did not, then IPOB lazy youths should shut the fucck up

StreetFight:


Aguyi Ironsu demolished regional government but I thought Goatluck Jonaddaft reinforced the regions. If Goatluck Jonaddaft did not, then IPOB lazy youths should shut the fucck up

I know you will resort to insult in this intelligent debate. This is because your brain is completely empty and you can't reason well to add to a mature discuss.

Owerri airport made far more revenue that all South West airport outside Lagos combined ....even tho it was closed for most part of the 3 years

I wonder how Owerri airport that imo people built became federal government airport ....

Give the states this airport let's see who is who

GamalNasser:
It's time for the Federal govt to sell some of the unprofitable airports to people who know what to do with them.abeg

AsomughaChuks05:
Remove aviation from exclusive list and allow states to operate airports. If the FG wants to control everything then they should stop complaining of the burden.

This will be the simple solution to the problem. Not to try and hold everything back because they are carrying too much self imposed load.

mrvitalis:
Owerri airport made far more revenue that all South West airport outside Lagos combined ....even tho it was closed for most part of the 3 years

I wonder how Owerri airport that imo people built became federal government airport ....

Give the states this airport let's see who is who

If any airport in the east is allowed to fly to China or US, UK directly, they will make enough revenue to expand into many other business.

mrvitalis:
Owerri airport made far more revenue that all South West airport outside Lagos combined ....even tho it was closed for most part of the 3 years

I wonder how Owerri airport that imo people built became federal government airport ....

Give the states this airport let's see who is who

I studied that stat. The @op didnt post the breakdown.
Owerri, though it ran negative was the fourth on the line if u factor in everything.
This guy don't want to post the whole breakdown for reasons best known to him.
I never knew owerri is that busy.

Had Enugu airport been up and doing, it will generate revenue very well.

Let me look for that post.

SLAP44:
The solution should be regionalism, let every region determine what they want to do or don't want to do.

The useless method of the federal government trying to hold back some regions by claiming that they don't have money is totally unproductive.

There are some regions that by nature are not business inclined, regions that don't need the airport can close their airports and those that need more can open more in every state.

This issue has nothing to do with a lack regionalism. Akwa Ibom has it's own stste owned airport opperates it with no issues. Other states are building their own for better or worse. States can either buy the airports from the FG or ask them to complete concession process.

A fact-sheet of revenue and expenditure of the 20 federal airports and FAAN headquarters in the last three years, obtained by The Guardian, showed huge revenue shortfall and deficits across the board.

For instance, the Kaduna International Airport that was upgraded during the 2017 closure of Abuja airport has in the last three years pooled a total of N1.027 billion in generated revenue. Of the sum, N716.7 million was collected. However, the expenditure was in excess of N4.41 billion, leaving a deficit of N3.69 billion.

The Mallam Aminu Kano International Airport, Kano, did not fare better. The airport in 2017, 2018 and 2019 pooled a total of N8.28 billion in generated revenue and collected N7.16 billion but its expenditure totalled N9.6 billion, leaving a shortfall of N2.44 billion.

The Kastina Airport managed to make a total of N250.8 million in generated revenue in three years, out of which only N42.1 million was collected. Its cost of operations was put at N1.58 billion, leaving a deficit balance of N1.54 billion.

In the same situation, Sokoto Airport had a total of N725.7 million generated revenue, out of which N400.1 million was collected. The cost of operation was in excess of N2.71 billion, which gave a shortage of N2.31 billion.

In the South, Ibadan airport in three years made a total of N349.2 million in generated revenue and collected N244.9 million. The expenditure amounted to N1.39 billion with a deficit of N1.14 billion. Ilorin International Airport generated a total of N437.1 million revenue in three years and collected N264.2 million. The expenditure was in excess of N2.453 billion, giving a shortfall of N2.19 billion.

Ditto for Akure airport. The facility pooled a total of N175.8 million in generated revenue and collected N168.7 million. But the expenditure was N1.06 billion, leaving a difference of N893.7 million.

The Benin airport in Edo State also ran at a loss. The airport generated a total of N993.2 million in three years and collected N930.1 million. The total cost of operations was put N2.02 billion, leaving a shortfall of N1.09 billion.

The Margaret Ekpo International Airport, Calabar, had a total of N540.8 million generated revenue, though collected more put at N559.6 million, the expenditure was as much as N2.50 billion, giving a deficit of N1.94 billion.

Similarly, Sam Mbakwe International Cargo Airport, Owerri, amassed a total of N1.25 billion in generated revenue and collected N1.08 billion. Expenditure was, however, N2.50 billion, with a shortage of N1.42 billion.

Blue3k:


This issue has nothing to do with a lack regionalism. Akwa Ibom has it's own stste owned airport opperates it with no issues. Other states are building their own for better or worse. States can either buy the airports from the FG or ask them to complete concession process.

Of course, you are saying the same thing I am saying, which is that the FG should remove their leprous fingers from viable investments. Whether state, regional or individual control of the airport will still be profitable.

Even from the report given by federal airport authority,Enugu airport before the questionble closure by FG was ahead of portharcourt airport and hence very viable.
We know those who travel a lot for business and i insist,FG must invest seriously towards completion of the so called renovation at the Enugu international airport.
if half of the money spent on kaduna airport can be invested in Enugu international airport then Nigeria will defintely be better for it.
Like people often say 'every disappointment is a blessing'.left for the questionable closure of Enugu international airport by FG late last year,just may be the corona virus cases in the East may have been alarming...everything under the sun happens for a purpose,God bless Africa,God bless Us all.

[s]

MetaPhysical:
They are not viable at moment. Its waste of money to spend any more funds creating a structure that needs subsidy to operate.

[/s]


GO AND SPEAK FOR SW ONLY.

SLAP44:


Of course, you are saying the same thing I am saying, which is that the FG should remove their leprous fingers from viable investments. Whether state, regional or individual control of the airport will still be profitable.

That last sentence isn't true. Even the article everyone is citing doesn't believe that. Most of the airports get little traffic to begin with. That's why it was suggested the be concessioned in blocks.

The Guardian learnt that the poor revenue and zero profit sprees were not unconnected with the perennially low traffic inflow in and out of the airports.

The International Air Transport Association (IATA) lately stated that for an airport to be viable and self-sustaining, it must have at least five million passengers a year. Today, only Lagos and Abuja airports could boast of at least five million passengers annually.

We know enugu is the target,but don’t worry we will fix it
Biafra at last

sassysure:

I studied that stat. The @op didnt post the breakdown.
Owerri, though it ran negative was the fourth on the line if u factor in everything.
This guy don't want to post the whole breakdown for reasons best known to him.
I never knew owerri is that busy.

Had Enugu airport been up and doing, it will generate revenue very well.

Let me look for that post.

Or if they allowed an international airline to run the USA, China and UK routes.

Enugu should be finished then concessioned or sold off. If has enough traffic to be viable. I dont know about the rest.

calm down bro, only federal airports are managed by faan, airports being built currently are state airports
the best action to take is to reduce operational cost by all means possible. you must not have a shop with AC just to sell pure water.

Nigeria hmmm

[[s]quote author=MetaPhysical post=89442749]They are not viable at moment. Its waste of money to spend any more funds creating a structure that needs subsidy to operate.

[/quote][/s]
Southwest Airports outside Lagos should be demolish and use for amusement parks, they are not viable, Anambra state airport when completed 100% sure it will be viable.

mrvitalis:
Owerri airport made far more revenue that all South West airport outside Lagos combined ....even tho it was closed for most part of the 3 years

I wonder how Owerri airport that imo people built became federal government airport ....

Give the states this airport let's see who is who

IPOb bureau officials statistics

How many Igbos can afford flight ticket looool

SLAP44:
The solution should be regionalism, let every region determine what they want to do or don't want to do.

The useless method of the federal government trying to hold back some regions by claiming that they don't have money is totally unproductive.

There are some regions that by nature are not business inclined, regions that don't need the airport can close their airports and those that need more can open more in every state.

Regionalism or privatization at this point?

Beautifulminde3:
[[s]quote author=MetaPhysical post=89442749]They are not viable at moment. Its waste of money to spend any more funds creating a structure that needs subsidy to operate.

[/s]
Southwest Airports outside Lagos should be demolish and use for amusement parks, they are not viable, Anambra state airport when completed 100% sure it will be visible .

It makes sense to expect at least one commercial airport within each state in the Republic. What does not make sense is government, at any level, being in charge of the running of any of them.

I will advise you to stop commenting on this forum. Because You will never make sense I still don't understand the kind of people liking and sharing your comments on this forum.

SLAP44:
The solution should be regionalism, let every region determine what they want to do or don't want to do.

The useless method of the federal government trying to hold back some regions by claiming that they don't have money is totally unproductive.

There are some regions that by nature are not business inclined, regions that don't need the airport can close their airports and those that need more can open more in every state.

If a state is created today their first ambition is airport. Every state needs airfields but not every state needs airport.

In SW for instance I willl recommemd airport for Lagos and Osun, thats it!

Ekiti, Ondo can use Airport at Osun as their primary. The airport must be located away from any State capital. Carriage ways built to connect it to the states served primarily by it - Osun, Ekiti, Ondo. It serves as backup for Lagos, Ogun, Oyo.

Lagos airport will serve Ogun, Oyo as primary and secondary for Ekiti, Osun, Ondo.

Adefatima:


IPOb bureau officials statistics

Something we all read today ...u want to start propaganda again ?

Are the airports going to remain closed forever?