body

Echostone


Monday, October 8, 2018

Abuja, Port Harcourt Airports To Be Concessioned For 25 Years

Federal Government, weekend, disclosed that the new terminals in Nnamdi Azikiwe International Airport, Abuja and Port Harcourt International Airport would be opened for flight operations by the end of October this year.

This is just as the terminals would be concesssioned for 25 years. The two terminals funded by the China-Exim Bank are under construction.

Minister of State for Aviation, Senator Hadi Sirika, who disclosed this during the opening of Legend Hotel, Lagos Airport Curio Collection by Hilton also said Lagos and Kano airport new terminals, also under construction, would soon be opened. Sirika also used the occasion to reiterate the Federal Government’s resolve to concession major international airports in the country. He, however, said this does not imply ceding the assets completely to the private sector as the designated airports would be handed to the “concessionaire for a maximum of 30 years.”

4 comments: