Tag: Airport concession
Airport Divestment Gains Ground as Europe Embraces Airport Concessions
Airport divestment is gaining global momentum as more than 200 European airports embrace private investment and concessions, with aviation expert Richard Aisuebeogun arguing that...
Enugu Concession Tenure Confirmed as Mbah Reveals 30-Year Airport Deal
Just hours after the Federal Government signed the concession agreement for Akanu Ibiam International Airport, Enugu, Governor Peter Mbah has confirmed that the deal...
20-Year Concession Quest Ends as Enugu Airport Tenure Remains Secret
After more than two decades of failed attempts, the Federal Government has finally signed off Akanu Ibiam International Airport, Enugu, for concession to Aero...
FG, MMA2’s Concession Resolution Cancels ₦132bn, Grants Regional Rights
The Federal Government has finalised a sweeping concession resolution cancelling a ₦132 billion liability, granting regional operational rights, and imposing a strict 24-month completion...
Investor Frustration Mounts as FAAN Pushes Reform Amid Policy Uncertainty
Aviation policy uncertainty is once again under scrutiny as investor frustration deepens across Nigeria’s aviation sector. At the Q1 Business Breakfast Meeting in Lagos,...
Exposed: 20 Year Synergy Failure Crippled International Terminal
Nigeria’s aviation sector, mostly the Murtala Muhammed International Terminal Lagos has endured two decades of aviation infrastructure failure driven by poor coordination between the...
Pennick: Taxes, Fees Threaten Private Airport Survival
Pennick disclosed that Asaba Airport charges ₦25,000 per aircraft landing, equivalent to about €13 internationally. He admitted that at such a rate, the airport...
Pennick: Ghost Staff, Poor Culture Hurt Airport Concessions
BY ANTHONY OMOH
Managing Director of Asaba International Airport, Mr. Christophe Pennick, has decried the entrenched entitlement culture and inefficient personnel structure that plague...
Minister Ensures Union Inclusion, Fast-tracks FAAN Salary Review
Minister Keyamo addressed these during a meeting with unions on 28th February 2025. He emphasized ensuring union inclusion and transparency while promising swift implementation...
Airport Concession: Former FAAN MDs, Directors tell Reps Nigeria risks invocation...
A group of former Managing Directors and Directors of Federal Airports Authority of Nigeria (FAAN) have identified the Mezzanine Clause in all Chinese sponsored...
