The Bola Tinubu-led federal government has begun the review of the airports concession process to ensure transparency.
\nThe Minister of Aviation and Aerospace Development, Festus Keyamo made this known on Monday at a ministerial press briefing in Abuja, held to mark President Bola Tinubu\u2019s one year in office.<\/p>\n
<\/p>\n
Keyamo said the President has approved the review of the concession process of the major airports to make sure they operate at international standards.<\/p>\n
The minister asserted that his ministry is developing a master plan for major airports in the country.<\/p>\n
<\/p>\n
He said: \u201cBureaucracy cannot run public infrastructure. They have to be run like private businesses.<\/p>\n
\u201cThe review of the concession process is to ensure it is more transparent to deliver world-class infrastructure.<\/p>\n
\u201cWe will do full concession of the airports and run them as private businesses. The president has asked us to go for the best.\u201d<\/p>\n
Recall that the federal government opened the bidding process for the concession of four major international airport terminals in the country on August 16, 2021.<\/p>\n
The airports include Nnamdi Azikiwe International Airport, Abuja; Murtala Muhammed Internat\u0131onal Airport, Lagos; Malam Am\u0131nu Kano Internat\u0131onal Airport, Kano; and Port Harcourt Internat\u0131onal Airport.<\/p>\n
The federal government had said the concession would be for a period between 20-30 years.<\/p>\n
<\/p>\n
In October 2022, the government announced the preferred and reserve bidders for the concession of airports.<\/p>\n
However, Keyamo, weeks after he was appointed a minister, suspended the airports concession plans and the Nigeria Air project on August 31, 2023.<\/p>\n
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