Lagos, Kano, Abuja and Port Harcourt airports may be privatised

Four of the major airports in Nigeria- Lagos, Abuja, Port Harcourt and Kano- may be privatised by the Federal Government.

During a fact-finding and evaluation tour of the Murtala Muhammed Airport on Wednesday, Minister of Transportation, Rotimi Amaechi, hinted on the possibility of the privatising the airports.

Amaechi said the proposed concession of the four airports would guarantee efficiency and good management as well as help revitalise the infrastructure of the Aviation sector.

While failing the state the specific airports to be privatised, Amaechi 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.

After the completion of construction work, the airports will be able to handle a lot more passengers than is currently obtainable.

“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.”

“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.”

 

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