TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Fed Govt plans four airports’ concession for 30 years

The Citizen by The Citizen
June 3 2021
in Business
A A
0
Fed Govt plans four airports’ concession for 30 years

The Lagos, Abuja, Port Harcourt and Kano airports will be on concession for a minimum of 20 to 30 years, the Federal Government said on Wednesday.

It provided the explanation in a document on frequently asked questions about airport concession released by the Federal Ministry of Aviation in Abuja.

In a document on the status of the road map/public private partnership projects concession of airports, made available to our correspondent, the government named the airports/parts that were up for concession.

They include the Murtala Muhammed International Airport, Lagos: international and cargo terminals; and Nnamdi Azikiwe International Airport, Abuja: international, domestic and cargo terminals.

Others include the Port Harcourt International Airport, Port Harcourt: international, domestic and cargo terminals; and Mallam Aminu Kano International Airport, Kano: international, domestic and cargo terminals.

Providing additional explanation on the duration of the concession in a separate document, it said, “Infrastructure concessions of this nature come with a significant financial obligation which any responsible concessionaire will no doubt be keen to recoup.

“To this end we envisage a minimum of 20) to 30 years for the programme, which may be extended depending on performance and Nigeria’s best interests.

“That said, the duration is not set in stone and will be subject to negotiation and then final approval by the Federal Executive Council.”

The aviation ministry stated that although the airports had huge potential, they were currently operating at a sub-optimal level.

It said the government was starting with the most strategic assets because successful delivery of this concession programme would give all stakeholders the confidence required to consider other possibilities in the sector.

The ministry said the concession applied to the non-aeronautic assets of the airports located in the passenger and cargo terminals.

It said these comprised the assets from the entry door of the airport to the point of embarking and disembarking from an aircraft to the exit doors.

The ministry explained that this space commonly referred to as the passenger terminal comprised of retail spaces, waiting and seating areas, airport and airline lounges, baggage collection, check-in counters as well as administrative offices.

It added that the cargo terminals were comprised of the facilities between the point of entry and up to loading and off-loading points, including administrative offices within said facilities.

Previous Post

Trump shuts down personal blog one month after launch

Next Post

Ketron Investment Ltd acquires Shoprite Nigeria

Related Posts

Shell commends oil industry reforms as key to unlocking more barrels
Business

Shell commends oil industry reforms as key to unlocking more barrels

November 12 2026
Stanbic IBTC unveils platform for direct naira-yuan payments
Business

Stanbic IBTC unveils platform for direct naira-yuan payments

November 12 2026
Banks get three-month deadline to stop forex-backed loans
Business

CBN introduces digital fiscal reporting for states, LGAs

November 12 2026
Dangote Cement begins Ivory Coast operations
Business

Dangote pulls plug on London listing of cement empire

November 10 2026
Air Peace flight returns to ramp after passenger threatens to burn down plane
Business

Air Peace flight returns to ramp after passenger threatens to burn down plane

November 10 2026
MAKEMS unveils signature jewellery showroom in Abuja
Business

MAKEMS unveils signature jewellery showroom in Abuja

November 9 2026
Next Post
Ketron Investment Ltd acquires Shoprite Nigeria

Ketron Investment Ltd acquires Shoprite Nigeria

PDP congratulates Gov. Ugwuanyi on birthday

Enugu: Awgu stakeholders pass vote of confidence in Gov. Ugwuanyi

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Fasoranti: Family announces Dec 17 for funeral

Fasoranti: Family announces Dec 17 for funeral

by The Editor
October 23 2026
0

...

Ooni, Omisore mourn Afenifere leader Fasoranti

Ooni, Omisore mourn Afenifere leader Fasoranti

by The Editor
October 21 2026
0

...

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

APPOINTMENTS

Makinde swears in four Oyo permanent secretaries

Makinde swears in four Oyo permanent secretaries

by The Editor
November 10 2026
0

...

Enugu APC releases updated campaign council list

by The Editor
October 31 2026
0

...

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

by The Editor
October 22 2026
0

...

CJN swears in 68 new SANs

CJN swears in 68 new SANs

by The Editor
October 12 2026
0

...

ODDITIES

Man stabs neighbor to death over roasted meat

Man stabs neighbor to death over roasted meat

by The Editor
November 5 2026
0

US pastor marries second wife, says monogamy unbiblical

US pastor marries second wife, says monogamy unbiblical

by The Editor
October 26 2026
0

Indian man assaults truck drivers in Lagos

Indian man assaults truck drivers in Lagos

by The Editor
October 13 2026
0

GLOBAL NEWS

Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada to fast-track permanent residence for 200,000 foreigners in 2027

by The Editor
November 12 2026
0

...

Court overturns gay sex ban in Trinidad & Tobago

Court overturns gay sex ban in Trinidad & Tobago

by The Editor
November 11 2026
0

...

US warns citizens against travel to 23 countries

US warns citizens against travel to 23 countries

by The Editor
November 10 2026
0

...

Russia agrees to ban recruitment of Ghanaian nationals for Ukraine war

Russia agrees to ban recruitment of Ghanaian nationals for Ukraine war

by The Editor
November 2 2026
0

...

Britain shouldn’t apologise for slave trade; Africa profited, says Kemi Badenoch

Britain shouldn’t apologise for slave trade; Africa profited, says Kemi Badenoch

by The Editor
November 2 2026
0

...

State of the States

Katsina mob kills Customs officer for shooting passenger

Hisbah bans girls’ night hawking in Katsina

by The Editor
November 12 2026
0

...

Kano closes schools for Eid-el-Kabir

Kano governor unveils N50,000 grants for 5,200 women

by The Editor
November 10 2026
0

...

Delta SUBEB denies N13.4bn unspent funds claim

Delta SUBEB denies N13.4bn unspent funds claim

by The Editor
October 31 2026
0

...

Ogun State mulls relocation of communities over gas leak

Ogun State mulls relocation of communities over gas leak

by The Editor
October 23 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
2027: Tinubu repackages 2023 campaign promises in new manifesto

2027: Tinubu repackages 2023 campaign promises in new manifesto

November 12 2026
Katsina mob kills Customs officer for shooting passenger

Hisbah bans girls’ night hawking in Katsina

November 12 2026
Flamingos: All hail world champions! – Punch

Flamingos: All hail world champions! – Punch

November 12 2026
Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada to fast-track permanent residence for 200,000 foreigners in 2027

November 12 2026

EDITORIAL REVIEW

Flamingos: All hail world champions! – Punch

Flamingos: All hail world champions! – Punch

by The Editor
November 12 2026
0

FG outlines criteria for N50k cash grant beneficiaries

Tinubu’s N50,000 relief for the vulnerable – Punch

by The Editor
November 11 2026
0

There are drug addicts, vagabonds among traditional rulers, says Obasanjo

13% derivation: Fiscal federalism to the rescue – Punch

by The Editor
November 10 2026
0

Nigeria’s damning food affordability crisis – Punch

Nigeria’s damning food affordability crisis – Punch

by The Editor
November 2 2026
0

Four states hold high-level talks to tackle insecurity

Boko Haram compounding Nigeria’s case – Punch

by The Editor
October 23 2026
0

Opinion

NAFDAC mops up Europharm products nationwide

What is a Nigerian’s life worth?

by The Editor
November 2 2026
0

...

Blackouts: Broken promises, powering failure – Punch

The revenge of Band A

by The Editor
October 27 2026
0

...

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

...

As we celebrate the girl-child, let us not forget the boy-child

As we celebrate the girl-child, let us not forget the boy-child

by The Editor
October 12 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.