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. 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.

Source: Punch June 17, 2022 10:15 UTC