Nigeria In One Minute
IATA cautions Nigeria, others on airports privatisation
THE International Air Transport Association (IATA) has urged governments to take be careful about airports privatisation.
Many African countries, including Nigeria, have slated their airports for either privatisation or concessioning.
IATA’s Director-General and Chief Executive Officer, Alexander De Juniac, who spoke during an interview in Lagos at the weekend, said the caution became imperative in view of the paucity of infrastructure.
According to the global airlines regulator, governments need to prioritise on the long-term economic and social benefits delivered by an effective airport ahead of the short term financial gains provided by a poorly thought out privatisation.
The Nation, August 20, 2018
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