How FG plans to concession 17 airports & unbundle aviation regulations

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Senator Hadi Sirika

At least 17 airports under the management of the Federal Airports Authority of Nigeria that are currently not up for concession are going to be given to concessionaires, the Federal Government announced on Thursday.

It also announced that the country’s civil aviation regulations were currently being reviewed for unbundling in order to make the entry requirements for aviation investors much easier.

The Minister of Aviation, Hadi Sirika, who disclosed this at the ongoing National Aviation Conference in Abuja, stated that aside from the current concession of Nigeria’s major international airports, other airports would follow suit.

The concession process for Nigeria’s four international airports in Lagos, Abuja, Port Harcourt and Kano is currently ongoing. FAAN manages 21 airports on behalf of the Federal Government.

Speaking on investment opportunities in the aviation sector, Sirika said, “For investments in the airports, airport concessions, starting with the five international airports are also excellent opportunities for investments. Other airports too gradually will be out on concession.

“There are a lot of state airports, a lot of private airports, I believe that needs resources and investments and I’m sure the owners/operators of these airports will welcome investments from the private sector to enable them to achieve their strategic goals for implementing these projects.”

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