FG invites bids for airport concessions, valuing bidders at N30 billion


A request for qualification has been issued by the federal government for the concession of four international airport terminals and related services.
Mr Hassan Musa, the Permanent Secretary of the Ministry of Aviation, made the announcement in a statement released to journalists in Lagos on Monday by the ministry’s Director, Public Affairs, Mr James Odaudu.

The four major commercial airports are Nnamdi Azikiwe International Airport in Abuja, Murtala Muhammed International Airport in Lagos, Malam Amnu Kano Internatonal Airport in Kano, and Port Harcourt Internatonal Airport in Port Harcourt, according to the Nigerian News Agency (NAN).

The request was released by the ministry in accordance with the Infrastructure Concession Regulatory Commission (ICRC) and the National Policy on Public-Private Partnership, according to Musa (N4P).

Through a Public-Private Partnership (PPP) framework, he added, the airports surrounding communities were designed to evolve into efficient, profitable, self-sustaining commercial hubs that would create more jobs and develop local industries.

“Through the Ministry of Aviation, the Federal Government is seeking pre-qualification offers from renowned Airport Developers/Operators/Financiers/Consortia for the concession of selected airport terminals under a Public-Private Partnership (PPP) arrangement.

“The terminal concession at the airport is one of the major projects on the FGN’s sector roadmap, and it fits nicely within the ministry’s strategic plan for the sector.

“The goal of this initiative is to meet the Federal Government’s goal of growing the air transportation value chain.

He said, “The project will create and financially manage customer-centered airport facilities for safe, secure, and efficient conveyance of passengers and products at world-class quality standards.”

Full names of firms/consortia; evidence of corporate registration; ownership structure of bidding entity; audited financial accounts; sworn affidavit, according to Musa.

Others, according to him, include a Power of Attorney/Board Resolution and documentation in the form of a letter of association agreement in the case of a consortium.

He stated that prospective firms/consortia must have technical, operational, and financial capabilities in order to be considered as a potential PPP partner for the project.

Other requirements, he added, included experience in the development and operation of an international airport and cargo terminals, as well as evidence of financial capacity to support the company’s or consortium’s ability to handle the airport concession.

This, according to the perm sec, is evidenced by the consortium’s required net worth of N30 billion and letters of support from respectable financial institutions endorsing its competence to manage and run the airport terminals.

According to Musa, the ministry urged interested international parties to collaborate with local enterprises in accordance with the country’s local content development program.



Please enter your comment!
Please enter your name here