Economy

FG to Continue Airport Remodelling Despite Concession Plans

  • FG to Continue Airport Remodelling Despite Concession Plans

Indications have emerged that the Federal Government’s plan to upgrade all the 22 airport terminals in the country will not be affected by the proposed concession of some of the airports.

Our correspondent had reported that with the failure of the airports remodelling project of the former administration, the President Muhammadu Buhari administration had said it would replicate the repairs of the Nnamdi Azikiwe International Airport, Abuja and the facelift of the terminal of the Murtala Muhammed International Airport, Lagos, in all airport terminals across the country.

It was gathered that upon the completion of work in Lagos and Abuja, the Port Harcourt International and Akanu Ibiam International Airport terminals’ facelift would to be the next in line until all the 22 airports across the country were upgraded.

The General Manager, Corporate Affairs, Federal Airports Authority of Nigeria, Mrs. Henrietta Yakubu, told our correspondent on Friday that there would not be any change in plans despite the approval by the Federal Government to give out all the international airports in the country to private investors as concession.

Yakubu said, “The concession is not an immediate thing; so, while it is ongoing, FAAN will still go on with its statutory functions. All our remodelling plans are still in place; we are not stopping because airports are going to be given out as concession.

“Construction work is still ongoing at the four terminals that we were working on before the concession approval and everything will continue normally. The remodelling of these major ones will continue without any disruption. The other airports will be taken care of when the concession has taken place.”

Yakubu stated that areas expected to be fixed at the airports were the chillers, travellators and escalators, conveyor belts currently out of use, check-in counters and toilets, among others, adding that work had already commenced at the terminal of Akanu Ibiam International Airport, Enugu, while two terminals were being constructed at the Port Harcourt airport, one by the immediate past government and another one to cater to the needs of passengers presently being attended to under a tent.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya

Recent Posts

How Nigeria’s National Power Grid Collapsed Ten Times Within 9 Months 

The national power grid has again collapsed, leaving many Nigerians in total darkness. Investors King…

4 hours ago

Darkness Falls Again: TCN Explains Latest National Grid Collapse

The Transmission Company of Nigeria (TCN) has provided an explanation for the latest National Grid…

4 hours ago

FG Abolishes 18-Year Age Benchmark For Admission Into Tertiary Institutions

The new Minister of Education, Tunji Alausa, has abolished the controversial 18-year admission benchmark for…

5 hours ago

Gov Aiyedatiwa Signs ₦96 Billion Supplementary Budget Into Law, Hails Ondo House of Assembly For Swift Passage

The Governor of Ondo State, Lucky Aiyedatiwa, has expressed gratitude to the State House of…

5 hours ago

EFCC Nabs Ex-Delta Governor, Okowa, For Alleged N1.3trn Fraud

Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested former Delta State Governor,…

5 hours ago

FG Frees Minors Remanded For Protesting Hunger In Nigeria

Some minors who joined the nationwide #EndBadGovernance in Nigeria have regained their freedom. Their release…

5 hours ago