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Nigeria opens bids for concession of four airports

Joseph Oyekanmi

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Nigeria opens bids for concession of four airports

The Nigerian Government has opened bids for the concession of four international airport terminals in Lagos, Abuja, Port Harcourt and Kano.
The request for qualification (RFQ), as part of efforts to run the facilities efficiently and profitably, is open to firms or consortia with a track record in airport terminal management and net worth of N30 billion per bidding firm or consortium.

The Federal Government earlier proposed 20 to 30 years concession tenure for the facilities, which will enable private investors to own, operate and recoup investments.

The Federal Executive Council (FEC) in 2016 approved the concession of the four major airports in a move to have them run efficiently and profitably.

Minister of Aviation, Hadi Sirika, at a project update session with stakeholders, said the concession exercise is open to all qualified entities with the capacity to turn around the fortunes of the facilities.

Yesterday, the Ministry of Aviation, in compliance with the Infrastructure Concession Regulatory Commission (ICRC) and National Policy on Public-Private Partnership (N4P), released a request for qualification for the concession.

Permanent Secretary, Federal Ministry of Aviation, Hassan Musa, in the official memo made available to reporters, stated that the four major commercial airports: Nnamdi Azikiwe International Airport, Abuja; Murtala Muhammed Internatıonal Aırport Lagos; Malam Amınu Kano Internatıonal Aırport and Port Harcourt Internatıonal Aırport, Omagwa, and surrounding communities are intended to develop into efficient, profitable, self-sustaining, commercial hubs which will create more jobs and develop local industries through a Public-Private Partnership (PPP) arrangement.

“The Federal Government of Nigeria (FGN) through the Ministry of Aviation is inviting bids from reputable Airport Developers/Operators/Financiers/Consortia for prequalification for the Concession of selected Airports Terminals under a Public-Private Partnership (PPP) arrangement.

“The airport’s terminal concession is one of the critical projects under the Aviation Sector Roadmap of the FGN and fits well within the scope of the Ministry’s strategic plan for the sector. The execution of this project is meant to achieve the Federal Government’s objective in terms of air transport value chain growth by developing and profitably managing customer-centric airport facilities for safe, secure and efficient carriage of passengers and goods at world-class standards of quality,” the memo read in part.

Eligibility requirements include the full names of firm/consortia; evidence of Company Registration; ownership structure of bidding entity; audited financial statements; sworn affidavit; power of attorney/board resolution and in the case of a consortium, evidence in the form of a letter of association agreement.

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