Airports concession: Minister receives certificates of compliance from ICRC

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Port Harcourt Airport

By Lawani Mikairu

Minister of Aviation, Senator Hadi Sirika yesterday acquired the Outline Business Case Certificate of Compliance for the concession of Murtala Muhammed International Airport, Lagos; Nnamdi Azikiwe International Airport, Abuja; Port Harcourt International Airport, Port Harcourt and the Mallam Aminu Kano International Airport, Kano from the Infrastructure Concession Regulatory Commission, ICRC.

According to James Odaudu, Director, Public Affairs, Ministry of Aviation, whereas receiving the certificates of compliance from the Director-General of the Commission Engr. Chidi Izuwah in his workplace Sirika stated, “with these certificates of compliance we will go-ahead to the Federal Executive Council for approval for the full business of concession to proceed and that will turn the airport terminals to its full potential in private hands as millions of dollars would be pumped into the airports”

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“Recall that President Muhammadu Buhari had earlier approved the Aviation Sector Roadmap which the Ministry has been following and operating diligently and part of which was airport terminal concession. ” Odaudu additionally stated, “Sirika commended the Infrastructure Concession Regulatory Commission which through its mandate, has guided the ministry throughout to ensure compliance and value for money, transparency, equity, and fairness.”

He additional expressed satisfaction with the standard of labor achieved by the Transaction Advisers that culminated within the launch of the certificates by the ICRC.

The Minister famous that with the complete implementation of airport terminal concession about 241,700 jobs might be created. He defined that it’s the whole worth chain of aviation enterprise that must be thought-about which is large.

In his remarks, the Director-General of ICRC Engr. Chidi Izuwah stated the Federal Government by means of the Ministry of Aviation has adopted Public-Private Partnership PPP because the technique to leverage on non-public sector participation and funding to realize the improve and growth of latest terminal infrastructure on the 4 airports in an economical and worth -for- cash method.

Izuwah additionally stated the airports in Nigeria have nice potentials however have been at present working at a sub-optimal stage due to elements that must be improved below the PPP programme which the concession is all about. “Airport terminal concession was one of the critical projects under the aviation sector roadmap of the FG and fits well within the scope of the Ministry’s strategic plan for the sector,” he stated.

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