Federal Government To Privatise Lagos, Abuja, PH, Kano Airports

(m) at 24-12-2015 06:55AM (4 years ago)

(24304 | Addicted Hero)

The Federal Government has plans to concession the management of the Lagos, Abuja, Port Harcourt and Kano airports to private investors.

The Minister of Transportation, Rotimi Amaechi, made the disclosure on Wednesday in Lagos during a fact-finding tour of facilities and agencies at the Murtala Muhammed Airport.

He was accompanied by the Minister of State for Aviation, Hadi Sirika; Director-General, Nigerian Civil Aviation Authority, Muhtar Usman; Managing Director of the Federal Airports Authority of Nigeria, Saleh Dunoma; and the Nigerian Airspace Management Agency, Ibrahim Abdulsalam; as well as the Director-General, Nigeria Meteorological Agency, Dr. Anthony Anuforom, among others.

The minister said the planned concession of the four airports was to guarantee efficiency and good management in view of dwindling resources from the government for infrastructural development in the aviation industry.

Although, Amaechi did not disclose the airports that would be privatised, there were indications that the Lagos airport; the Nnamdi Azikiwe International Airport, Abuja; the Port Harcourt International Airport; and the Mallam Aminu Kano International Airport, Kano were the aerodromes slated for concession.

Amaechi also gave December 2016 as the deadline for the completion of the four major international airport terminals under construction in Lagos, Abuja, Port Harcourt and Kano.

He stated that after completion, the Lagos airport would handle 15 million passengers annually, while the others would handle additional 15 million passengers to bring the total traffic to 30 million passengers annually.

The minister said, “The new terminal in Lagos will generate additional 15 million passengers annually, making a total of 30 million passengers yearly nationwide. The medium and long-term plans will require significant investments to upgrade and expand infrastructure to meet current and future requirements.

“As a result of limited resources for capital project development, the government is exploring the possibility of private sector participation towards the realisation of the industries’ potential.”

Amaechi stated that there was an urgent need to continue to improve on infrastructure, noting that out of the four conveyor belts in the Lagos airport, two had broken down.

He said the government would also enact laws to open up the sector to new investments that would lead to economic prosperity.

Ameachi, who described the tour as necessary to enable the ministry firm up its policy direction in line with the determination of the President Muhammadu Buhari administration to improve critical infrastructure that would help to reflate the economy, said the transport sector held the key to the economy and formed the basis of all socio-economic interactions.

“Nigeria suffers the bane of inadequate transportation but perhaps worse than other countries. Nigeria’s huge population puts enormous pressure on a very poor transport infrastructure that bedevils the nation,” he said.

The minister stated that there would no sacred cows in the recovery of debts owed the various agencies.

Collectively, Nigerian carriers are said to owe NAMA, NCAA, NCAT and NIMET over N4bn in Passenger Service Charge and Ticket Sales Charge, prompting the NCAA to give them a two-week ultimatum to pay up or be grounded. Not much is heard about the ultimatum as Usman admitted that the agency was still pleading with the airlines to pay.

The NCAA DG stated that there were historical debts, stressing that what the aviation was guarding against was the accumulation of more debts, a situation that had made the agency to offer services to the carriers on a cash and carry basis.

For more scintillating and juicy stories, follow the official Naijapals accounts On Twitter - https://twitter.com/Naijapals and Facebook - www.facebook.com/naijapals

winace (f) at 24-12-2015 07:21AM
(30152 | Addicted Hero)

Privatise and sell to who. d few rich sponsoring elections abi??? No wahala. GOD dey.
Oworen25 (m) at 24-12-2015 07:59AM
(12234 | Hero)

Why is it that the government can't afford to handle the country property well so all the money that the government has issued for next year they cannot use it to manage most of this things instead of selling or abandoning them. everything has been sold out even the electricity is not own by the government which one is our property again.
kp45 (m) at 24-12-2015 08:24AM
(10361 | Hero)

Ok o noted
botlex (m) at 24-12-2015 08:29AM
(2555 | Gistmaniac)

Privatization is a good thing, but not in Nigeria. U guys will still end up selling back to urselves.
gogoman (m) at 24-12-2015 11:26AM
(31814 | Addicted Hero)

good make we see how it goes
zezprincess (f) at 24-12-2015 08:11PM
(7927 | Hero)

Hahaha,see who is talking,Thieves&oles in disquise,make una keep on deceiving una sef.
okatee (m) at 29-12-2015 10:59AM
(7638 | Hero)

no, y privatise? abeg oo we no want am oo. anybody wen go buy na mumu dat person be, cus next government go still collect am wit force.
Mopera (m) at 30-12-2015 08:06PM
(1590 | Gistmaniac)

Privatise and sell to who. d few
rich sponsoring elections abi???
No wahala. GOD dey.
Vectorcy (m) at 30-06-2016 06:35AM
(8249 | Hero)

This Nigerian government really want to turn My Country into a capitalist economy. I wonder whether they just want to depend on only tax for revenue from non oil sector when in d real sense we are trying to be independent of oil revenue. God help us in this country Nigeria coz all source
of government revenue is being given out to private individuals.
The worst part of it is that they pretend to be privatizing these corporations, yet, move swiftly at the back to buy them n amass wealth to themselves at the detriment of the populace.