• Latest
  • Trending
Nigeria Receive 625 Deportees Via Abuja Airport In 2020- Immigration

FG Allays Fear of FAAN Workers Says Airport Concession Won’t Cost Job

August 12, 2021
Oyebanji Plans 1,000 Forest Ranger as Ekiti Farmers Back Re-election with N5m

Oyebanji Plans 1,000 Forest Ranger as Ekiti Farmers Back Re-election with N5m

June 9, 2026
Ekiti Muslim Leaders Pledge 150,000 Votes for Oyebanji

Ekiti Muslim Leaders Pledge 150,000 Votes for Oyebanji

June 9, 2026
Tinubu Swears In Tegbe, Enikanolaiye as Ministers

Tinubu Swears In Tegbe, Enikanolaiye as Ministers

June 8, 2026
Tinubu Directs Service Chiefs to Move to Borno

Nigeria Will Not Surrender to Terror, Tinubu Assures Troops

June 8, 2026
Couple Arraigned, Remanded for N1bn Fraud in Ado-Ekiti

Couple Arraigned, Remanded for N1bn Fraud in Ado-Ekiti

June 8, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Rivers CP Probe Alleged N180k Bail Extortion, Torture Claims

Rivers CP Probe Alleged N180k Bail Extortion, Torture Claims

June 8, 2026
360 Freed as Troops Raid Boko Haram Enclave in Mandara

No Ransom Paid for 360 Rescued Abductees- Borno Govt

June 8, 2026
OGUN GRANTS INVESTORS 50% DISCOUNT ON LAND USE CHARGE

Ogun Inaugurates Safe School Committee Amid Security Fears

June 8, 2026
Four bank staff in police net for alleged money laundering,  N270m fraud

Police: Adelabu Family Aide Linked to Sister’s Kidnap

June 8, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Tuesday, June 9, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

FG Allays Fear of FAAN Workers Says Airport Concession Won’t Cost Job

by Present Nigeria
August 12, 2021
in News
0
Nigeria Receive 625 Deportees Via Abuja Airport In 2020- Immigration

File pics: Abuja Airport

29
SHARES
58
VIEWS
FacebookTwitterWhatsappTelegram

The Federal Government has allayed the fears of the Federal Airports Authority of Nigeria (FAAN) workers of any lay-offs as plans to concession four major international airports in the country get underway.

Aviation minister Hadi Sirika gave the assurance at a virtual meeting with aviation stakeholders in Lagos on Wednesday on the concession update of the airports.

RelatedPosts

Oyebanji Plans 1,000 Forest Ranger as Ekiti Farmers Back Re-election with N5m

Ekiti Muslim Leaders Pledge 150,000 Votes for Oyebanji

Tinubu Swears In Tegbe, Enikanolaiye as Ministers

Sirika said that the concession would instead allow for more hands to be engaged as most of the airports were under staffed.

The airports billed for concession are: the Mallam Aminu Kano International Airport, Kano state and the Murtala Muhammed International Airport, Lagos state.

Others are the Port Harcourt International Airport, River and the Nnamdi Azikiwe International Airport, Abuja.

The minister informed the stakeholders that the country’s asset would not be sold off but given out on concession in order to modernise the airports.

He added that this would allow the airports to be operated in a way to create more jobs as well as generate more revenue for the country.

“We will not sell the assets that belong to over 200 million Nigerians and the future generation of this country.

“We are not going to sell because those that were sold were lost. So, we in government believe that we should hold those assets for the Nigerian people in trust.

“We must make those assets better to provide the services that are needed. So, we said, rather than sell outrightly, we will concession.

“In other words, we would give it up to someone who would operate them and make them better.

“We will then get more money, the people will enjoy better services, the industry grows and after a certain time, the airports will come back to us,” he said.

The minister further explained that the airport terminal buildings to be given out on concession would generate their revenues from non-aeronautical resources.

He said that all other facilities at the airports and existing concessions, outside the airport terminals, would still be managed by FAAN.

He added that the concessionaire would sign service level agreements for runway, taxiway, security and air traffic Management with FAAN and NAMA to ensure that the airport operated efficiently.

The minister also said that the concessionaire would provide the investment required to upgrade the existing terminals.

He added that they would also take over the maintenance of new terminals over a period of time, based on the financial assessment of each transaction.

Sirika said that existing concessions within the terminals, however, would be inherited by the concessionaire and allowed to run their course before any review.

The minister said that tariffs would be regulated in accordance with the procedures set out in the concession agreement.

He explained that the Passenger Service and Security Charges would be paid directly to FAAN by IATA and shared by the concessionaires and FAAN.

He pointed out that the airport authority would be required to provide manpower, through AVSEC, for the security of both the airside and landside.

The concessionaire would similarly be expected to provide and maintain landside equipment which would allow FAAN continue to provide and maintain airside security equipment, the minister said.

Sirika noted that airports in the country were currently operating in a sub-optimal environment and needed improvements that would be provided through the participation of the private sector.

He said that private sector participation would have impact especially in infrastructure investments, runway maintenance, navigation aids as well as investment in terminal facilities.

He added that with the increasing population, a private operator of the four main airports would run them based on international standards and expand the facilities, in accordance with traffic demands at each of the airports. (NAN)

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share12Tweet7SendShareShare2
Previous Post

Kano PDP Backs Secondus

Next Post

Indonesia Formally Apologises To Nigeria Over Manhandling Of Diplomat

Related Posts

Oyebanji Plans 1,000 Forest Ranger as Ekiti Farmers Back Re-election with N5m

Oyebanji Plans 1,000 Forest Ranger as Ekiti Farmers Back Re-election with N5m

June 9, 2026
Ekiti Muslim Leaders Pledge 150,000 Votes for Oyebanji

Ekiti Muslim Leaders Pledge 150,000 Votes for Oyebanji

June 9, 2026
Tinubu Swears In Tegbe, Enikanolaiye as Ministers

Tinubu Swears In Tegbe, Enikanolaiye as Ministers

June 8, 2026
Tinubu Directs Service Chiefs to Move to Borno

Nigeria Will Not Surrender to Terror, Tinubu Assures Troops

June 8, 2026
Next Post
Nigerian Govt Condemns Assault On Diplomat By Indonesian Officials

Indonesia Formally Apologises To Nigeria Over Manhandling Of Diplomat

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.