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Simply-in: President Buhari directs Aviation minister to quick monitor airport concessions

by admin
March 22, 2022
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The Federal Authorities has directed the Ministry of Aviation to quick monitor the airport concession programme.

This was disclosed by President Muhammadu Buhari in the course of the inauguration of the brand new Worldwide Terminal of the Murtala Mohammed Airport, Lagos on Tuesday.

In response to him, as this and the accredited aviation highway map are being carried out, the sector will start to witness development alternatives.

President Buhari mentioned, “The Minister of Aviation has been directed to quick monitor the airport concession programme with a purpose to open the aviation sector for additional development alternatives and to drive funding partnership within the sector.”

What you need to know in regards to the concession plan

Recall that the Minister of Aviation, Hadi Sirika had said that transaction advisers for the concession of the airports have been presently analysing the proposals of bidders.

He defined that profitable bidders could be introduced quickly, including that the whole course of needs to be accomplished in second quarter of this 12 months.

Sirika mentioned, “The transaction advisers for the concession have completed the Define Enterprise Case and had received the Request-for-Qualification. We’ve pre-qualified the individuals and so they’ve been issued Request-for-Proposal.

“They’ve turned the proposals in and we’re analysing them to announce the profitable bidders and this will likely be quickly. Our timetable is for the primary quarter of this 12 months.

“Effectively, I can see that it’s nonetheless taking place, let’s be very bold, however definitely it should finish in second quarter and all of the (recognized) airports will likely be concessioned.”

Again story

  • In October 2021, the Federal Authorities introduced that it could ship requests for proposals to certified bidders for the concession of the 4 airports after assessing the requests for qualification.
  • It had additionally said the previous stage – request for {qualifications} section of the Nigeria Airport Concessions Programme – got here to an in depth at 3:00pm on October 25, 2021.
  • The October 25, 2021 deadline was introduced by the Federal Ministry of Aviation on September 13, 2021, after deliberations with the Infrastructure Concession Regulatory Fee and the transaction advisers, because the committee allowed for a four-week extension, in response to requests from would-be bidders.
  • The federal government has been making efforts in direction of the concession of the 4 main airports in Lagos, Abuja, Port Harcourt and Kano, and has been holding conferences with labour unions on the matter.
  • In the meantime, Sirika said that about 12 new airports have been created in Nigeria since 2015 when the present administration took over.
  • He mentioned, “There are extra airports immediately than once we got here in 2015. There’s Anambra and Lafia airports; there’s Ekiti airport, occurring; Makurdi airport, occurring; Yobe airport, Ebonyi airport and lots of different airports.”

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