FG to concession 17 airports, unbundle aviation regulations


Federal Government has hinted that no fewer than 17 airports under the management of the Federal Airports Authority of Nigeria (FAAN) currently not slated for concessioning will be given to the concessionaires.

Minister of Aviation, Hadi Sirika, who disclosed this at the ongoing National Aviation Conference in Abuja, said besides the current concessioning of the country’s major international airports, other airports will be concessioned. He also disclosed that the country’s civil aviation regulations were currently being reviewed for the unbundling of the airports to make the entry requirements for aviation investors much easier.

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The minister said the concessioning process of the country’s four international airports in Lagos, Abuja, Port Harcourt and Kano was ongoing, noting that FAAN manages 21 airports on behalf of the Federal Government.

On the investment opportunities in the aviation sector, Sirika said the Federal Government would begin with the e international airports, which provide excellent opportunities for investments, adding that other airports would gradually be put out for concessioning.

“There are several state-owned and private airports in the country that needs resources and investments and I am sure their owners and operators will support investments from the private sector to enable them to achieve their strategic goals for implementing the projects,” he said.

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