Monday , 3 October 2022
Asaba International Airport

Investment opportunities open up in Asaba Airport as concessionaire takes over management

INVESTMENTS are already trickling into the Asaba International Airport as the Delta State government has formerly handed over the facility to the Asaba Airport Company Limited, the consortium that won the concession bid after the six months transition period which ended today.

The Concession agreement, which was signed in February 2021 will run for 30 years where the concessionaire who had paid one billion naira to the state coffers when the agreement was signed, will pay an annual fee of 100 million naira while the agreement subsists.

In a brief ceremony the SSG, Patrick Ukah, who represented Governor Ifeanyi Okowa said the state government was happy about the concession model, which the Federal and other states governments have been studying to copy.

The Asaba Airport Company Limited, the concessionaire, is a consortium that has technical partners which include Air peace as the anchor airline and MRO operator, Multifreight Cargo and logistics for cargo and logistics centre, Rainoil Ltd and Cybernetic Ltd to develop tank farm and supply Aviation fuel, Arbico construction company to build business park, hotel and convention centre and Quorum Aviation Ltd toch develop private jet and helicopter terminal of the Airport.

After receiving the handover documents, the Chairman of Asaba Airport company Ltd, Mr. Adebisi Adebutu said the transition had been fantastic and seamless, adding, it is a fantastic relation.

Adebutu assured that the government will benefit and so would the people adding, “We will not disappoint you”.

The SSG was accompanied by a number of advisers including Senior Policy Adviser, Professor Slyvester Monye, the man who drove to concession to fruition.

On the Asaba Airport Company Ltd team were the Executive Director Business Development/Government Relations, Okey Nelson Moore, Executive Director, Finance, Mr. Eyo, Group HR, Tayo Akinpelu, Group Project Manager, Ola Oluwa, Managing Director, Asaba Airport company, Christophe Pinnick and General Manager Operations, Linol Thorne.

Prior to yesterday’s ceremony the concessionaire had already started positioning the airport to wear a new look as car parks lights which were nonexistent had been installed and 120 staff employed and trained to put the airport in full operation.

Passengers are also set to enjoy a free wifi within the arrival and departure halls.

For the first time, the concessionaire has been able to attract a Ground Power Unit (GPU) to the airport through SAHCOL, the handling company.

According to the MD, three airlines – Air Peace, United Nigeria Airline and Aero are currently operating into the Airport, adding Air Peace will increase his daily flights.

He said Ibom Air, Dana Air and Arik have indicated interest to operate into the airport.



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