This comes as the country’s Airports Authority recorded a three-year deficit of N44.39 billion, representing losses incurred in 17 airports nationwide. Factsheet obtained by The Guardian showed that, except for the trio of Murtala Muhammed International Airport (MMIA), Lagos, Nnamdi Azikiwe International Airport (NAIA), Abuja, and Port Harcourt International Airport (PHIA), Omagwa, Rivers State, no other had sufficient revenue to cover operation costs between 2017 and 2019. They are Victor Attah International Airport, Uyo; the Mallam Aminu Kano International Airport, Kano; Port Harcourt International Airport (PHIA); Margaret Ekpo Airport, Calabar; Yola Airport, Adamawa; Sam Mbakwe International Cargo Airport, Owerri, and Maiduguri Airport, Maiduguri. Ilorin International Airport generated a total of N437.1m revenue in three years and collected N264.2m. He said Lagos and Abuja airports should be concessioned in blocs with four or six other unviable airports.

Source: The Guardian July 29, 2020 03:56 UTC