Concession: Business moguls, foreign firms jostle for Lagos, Abuja airports

Indications have emerged that companies owned by top Nigerian business moguls and some foreign firms from Europe have shown interest in running the Murtala Muhammed International Airport, Lagos, and the Nnamdi Azikiwe International Airport, Abuja.

Top government officials, who are privy to the airport concession arrangement, told Punch correspondent that companies owned by top Nigerians were among those indicating interest to run the two major airports on terms to be stipulated by the proposed concession agreement.

The officials, who spoke on condition of anonymity, said the local companies owned by the business tycoons would be partnering foreign firms with pedigree in airport management to execute the concession agreement.

The Vice President, Prof. Yemi Osinbajo, last month announced that the Federal Executive Council had agreed to the concession of the MMIA, Lagos and the NAIA, Abuja.

Punch, October 8, 2017

 

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