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Local airports privatisation to begin "soon"

06 October 2014, 15:59

Abuja - The privatisation of federal airports in the country would commence soon, a senior official of the Bureau of Public Enterprise (BPE) said in Abuja.

BPE Director-General, Benjamin Dikki, said the exercise would improve efficiency at these facilities.

“We plan to commence the privatisation of airports. Upon this, the airports will be more efficient if the private sector is running them. We will soon engage the Ministry of Aviation and we will start a new process of privatising or concession of airports like we have done with the seaports,” he said.

Also Read: Aviation agency appoints more traffic controllers

Dikki said his agency was likely to grant concession of between 15 to 20 years, according to the business model agreed on, so that investors could make a reasonable return on the investment during the concession period.

Dikki disclosed the plans during a presentation on “Reforms and Privatisation Opportunities in Nigeria” at the ongoing ninth Abuja International Trade Fair.

According to him, although the Federal Government had made substantial investment in the aviation sector, a lot still remained to be done.

“This is the reason why the government was considering privatising the airports,” he said.

– CAJ News

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