Nigerian govt approves concessioning of Lagos, Abuja International Airports – Osinbajo

Murtala Muhammed International Airport, Lagos
Murtala Muhammed International Airport, Lagos

The Vice President, Yemi Osinbajo, on Monday said the Federal Executive Council, FEC, has approved the concessioning of the Lagos and Abuja International Airports for better management.

Mr. Osinbajo said this in Abuja at the fifth Presidential Quarterly Business Forum aimed at improving the ease of doing business in Nigeria. He, however, did not name the concessionaires.

“We are working hard to make the airports more passenger friendly, but then we have several issues.

“Infrastructure is in a terrible state and we know that public sector has a poor record on maintenance of facilities.”

He said the airports needed to be overhauled as they lacked basic facilities as most of the available ones were dilapidated.

He said for the economy to be improved, the private sector needed to be involved in many ways.

“Partnership with the private sector is not only a policy, it is the most sensible thing to do and our approach is to engage, work collaboratively to take criticisms and suggestions seriously and to respond.’’

He said a lot needed to be done in the whole process to ensure that what needed to be done was done to guarantee change and improve the economy.

He, however, said change was always slow but that the nation must remain focused to achieve the required objectives.

Mr. Osinbajo said the readiness to confront the covert and overt resistance of a system accustomed to rent seeking and gratification were also important

“The private sector is also used to a system where there is constant gratification and rent seeking and in order to reverse and stop that, it involves calling out public officials who are involved in such.

“So, it means the private sector cannot say because I want to do my own business as quickly as possible I will not call out anybody who is seeking gratification or bribe.

“We have to do this thing and if we do not we will not solve the problem,” he said.

He said the regulators of all the sectors of the economy should ensure that they were facilitators to the ease of doing business initiative and not obstacles to the growth being sought for.

Okechukwu Enelamah, Minister of Industry, Trade and Investment, said the progress made in the business community so far had helped the economy come out of recession.

He said some of the successes of the federal government were tied to the responsiveness and engagements from the private sector.

“Forums like this help strengthen the engagement between the private sector and the government and we have used the feedbacks to improve our policies and interventions.

“In many respects we are becoming more and more of a responsive government and we are mindful of the challenges that businesses face, particularly the private sector and incoming investors.

“We would like to understand some of these issues better and proffer solutions.

He said there was continued concern about what appeared to be an adversarial relationship and trust deficit between the private sector and government.

He added that there were several complaints about multiplicity of taxes and agencies that collect various levies at the different levels of government, adding that there was also the issue of coordination between government agencies.

He assured that some of these issues were already being worked on using the executive orders that were issued on fast tracking businesses for both the local and foreign investors.

“I know that we are beginning to see improvements in the registration of businesses, in getting credit with the enactment of new bills on credit and collateral.

“We are continuing to simplify the procedures for paying taxes and progress is being made with regards to visas at the airports for entry and exit of people.’’

The forum was focused on enabling business environment as it pertained to government regulators, was aimed at sharing the views the current regulatory environment users of government regulations were confronted with.

It also served as an opportunity to give an update on the current Ease of Doing Business initiatives and the current impact on the regulatory environment.



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  • Awonise Oladotun

    Keep selling our property to ourselves. You will soon sell whole country.

  • Abdullah Musa

    “Infrastructure is in a terrible state and we know that public sector has a poor record on maintenance of facilities.”
    For public sector has poor record of maintaining the nation’s treasury.

    • emmanuel

      Osibande is on rampage. He is selling off everything to himself and his Budillon oga. They attempted to sell FIRS to themselves last year, which was frustrated.

      • Abdullah Musa

        They are who they are ( wolves), because we are who we are ( sheep).

  • emmanuel

    Obasanjo taught Osibande this criminality – Ogun State people. He has converted Lagos/Ibadan Expressway from the PPP arrangement to a wholly FGN funded project and looking for funds from everywhere to complete it before 2019 election. Thereafter he will concession it to himself.
    The next government should reverse all these his criminal acts in the name of better management.
    I hope the Iarport will not turn Mexico border soon?

  • Kay Soyemi (Esq.)

    It is amusing to see the ignorance displayed by the first two individuals that commented on this matter.

    No one is selling off anything here. Please do go and upgrade your brains before making sillier comments here.

    I am hoping, particularly, that the Global Infrastructure Partners led by Mr. Adebayo Ogunlesi is invited to this table.

    I would love to see the same kind of turnaround he gave to Gatwick Airport in both Lagos and Abuja. We deserve no less.

    • emmanuel

      What will you not say? If it is Tompolo, you would say he is a criminal and illiterate. Isyaku Rabiu Group was ran by a stark Illiterate and survived very well until his Son joined and took over Management lately.
      Unfortunately, those you worship in your own clime did not have better qualification than the said Tompolo, except that they forged and presented fake certificate and were also criminals in the USA before they became politician.
      You can promote your own when corrupt acts are put up. By your definition when Tompolo’s issues were in front burners (go back your thread), the qualities you used for him; (the masquerade) are same qualities the beneficiary of the sell off possess
      All the sell offs engaged in by Osibande will be reversed also.

    • Opekete

      Ignorance is never cured by access to the internet nor by making grammatically damaging comment on issue of such huge national importance. Ignorance is first of all cured by reforming and transforming one’s mind and thought process. A debased, uninformed and eccentric primordial mind cannot comprehend the issue at stake in our national economy. Thanks Kay for the enlightened comment

      • emmanuel

        The Airport is Nigeria air gate way – now on sale to your god, while the water ways was sold to Tompolo then and your debased soul screamed to high heaven (Mind you i have not seen Tompolo before).Mindd is holding all men equal
        I am more cerebral than all of you nitwits put together. Craftiness cannot be likened to intelligence anyday. In the first place, you are hardly developed as proper human from birth and intellect, so your invective leaves no trace of intelligent commentary, but heavily jaundiced tribal response, laced with corrupt heritage
        Anyhow, Whatever is sold by these gangster crooks will also be reversed someday soon.

        • Opekete

          Discuss issues not personalities. You may be the smartest person in the whole world but that does not make you right on all issues. The issue is that concentrating all source of production in the hand of the government is a recipe for disaster and it never work in any capitalist economy. Period

      • emmanuel

        Okayyyyy, you went under after so uch slaming on your Soyemi poor outighns on internet platform and took on Opekete. So you now respond to yourself.
        I got the link. crappy copy and paste Lawyer. If you did pass through Law school, you may have cheated your way through.

    • Abdulmojeed Nojeemdeen

      Kay baba,if you don talk,I no dey talk again. Respect!

  • Eze

    i think aso rat..ah sorry, aso rock should also be concessionaire to private sector…..foolish!

  • MilitaryPolice01

    Nigerian Airports be it local or international are a major embarrassment. The concession is a good step as long as it is done in partnership with a reputable and proven multinational and not the type Babalakin and his Bi-Courtney gang did at MMIA.

    • So oju abe niko

      Bi-Courtney has nothing to do with MMIA. Bi-Courtney designed, built and now operate the MMA-2, starting from 2007.

  • g_kazaure

    The Legal Consultant for these transactions will surely be SimonCoopers and Dapo Akinosun & Co!!! Watch out

  • 45Degree

    Nigeria govt MUST get out of management functions, as fast as possible, just like most civilized nations. What we have has NEVER worked since independence and I can guarantee it will never work the 100 years. Regulations, Safety, Internal & External security are the main government business.

  • Abdulmojeed Nojeemdeen