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Home Business Travels Aviation

FG closes bid, to announce concessionaires for four airports

Business 360 by Business 360
October 26, 2021
in Aviation
1
EndSARS protests cripple businesses as passengers miss flights

The Federal Government, yesterday, closed bidding for four major airports with a plan to announce new concessionaires soon. Announcing the closure of Request for Qualifications (RfQ) phase of the Nigeria Airport Concessions programme (NACP), the Ministry of Aviation said the phase recorded a large expression of interest from reputable organisations worldwide.

The RFQ stage will be followed with a Request For Proposal (RFP), which shall be published and sent directly to qualified bidders for their response. The Federal Government recently invited investors to submit bids for the concession of international airports in Lagos, Abuja, Port Harcourt and Kano.

The RFQ, to run the facilities efficiently and profitably, was opened to firms or consortia with track records in airport terminal management and net worth of N30 billion per bidding firm or consortium.

The concession is billed to run for 20 to 30 years tenure in a Build, Operate and Transfer (BOT) model. Minister of Aviation, Capt. Hadi Sirika, said the amount of response to the request for pre-qualification by highly reputable international airport operators across the globe is indicative of the level of confidence that people have in the concession programme, and, “by extension, the administration of President Muhammadu Buhari”. [THE GUARDIAN]

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Comments 1

  1. Emeka Oguike says:
    4 years ago

    I am afraid that, true to type, the concession will go to Arab/Islamic companies. This government has not made any pretence in favouring Islamic control of our strategic institutions.

    Reply

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