Business FG Planning Privatization of Federal Airports - BPE

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LequteMan

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Benjamin Dikki, the Director-General of the Bureau of Public Enterprise, yesterday at the International Trade Fair in Abuja disclosed Nigeria would soon commence privatization of the federal airports in the country.

“We are planning to commence the privatisation of airports; the airports will be more efficient if the private sector is running them.

“Very soon, we will engage the Minister of Aviation and we will start a new process of privatizing or concession of airports just like we have done with the seaports.

“We are likely to grant concession of maybe 15 to 20 years, according to the business model agreed on, so that investors can make a reasonable return on the investment during the concession period,” he stated according to Daily Post.

#Nigeria #BPE #DailyPost

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