The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo (SAN), has said that the President Bola Tinubu administration has begun the review of the airport concession process to ensure transparency.
Keyamo made this known on Monday at a ministerial press briefing in Abuja, held to mark President Bola Tinubu’s one year in office.
He said: “President Tinubu has approved the review of the concession process of the major airports to make sure they operate at international standards.”
The minister stated that his ministry is developing a master plan for major airports throughout the country.
“Bureaucracy cannot run public infrastructure. They have to be run like private businesses. The review of the concession process is to ensure it is more transparent to deliver world-class infrastructure.
“We will do full concession of the airports and run them as private businesses. The president has asked us to go for the best,” he said.
Persecondnews recalls that the federal government opened the bidding process for the concession of four major international airport terminals in the country on August 16, 2021.
The airports are Nnamdi Azikiwe International Airport in Abuja, Murtala Muhammed International Airport in Lagos, Mallam Aminu Kano International Airport in Kano, and Port Harcourt International Airport.
The government had announced that the concession period would span 20 to 30 years.
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