Reports have emerged that the Lagos, Abuja, Port Harcourt and Kano airports will be on concession for a minimum of 20 to 30 years.
In a document on the status of the road map/public private partnership projects concession of airports, made available to reporters, the government named Murtala Muhammed International Airport, Lagos: international and cargo terminals; and Nnamdi Azikiwe International Airport, Abuja: international, domestic and cargo terminals as the airport up for concession.
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.
A separate document read, “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 said the concession applied to the non-aeronautic assets of the airports located in the passenger and cargo terminals.
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.
