The Federal government, FG, has successfully granted concessions to Nnamdi Azikiwe international airport, NAIA, Abuja, and Mallam Aminu kano international airport, makia, kano, Nigeria
James Odaudu, the special assistant on public affairs to the minister of aviation, released a statement on Thursday stating that the concessions came after the federal executive council, FEC, approved the deal.
The corporation American airport consortium, which includes the corporation American Airports, mota engil Africa, and mota engil Nigeria, emerged as the preferred bidder, according to him.
In addition, the corporation American airport consortium will make upfront payments of $7 million for NAIA and $1.5 million for MAKIA.
According to the release, total projected nominal revenues earned from the combined concession between Naia and Makia will amount to $4 billion, which, according to the release, will be payable to the federal airport’s authority of Nigeria, FAAN.
