Minister of Aviation has revealed that Nigeria’s top airports were not designed for international operations they are presently handling.
Airports in Lagos, Abuja, Port Harcourt and Kano are listed among such facilities.
Mr. Hadi Sirika, at a stakeholders webinar on Nigeria Airport Concession Strategy, said this was why the facilities had been put up for concession, adding that the airports were operating below expectations.
“The airports in Nigeria are currently operating in a suboptimal environment, most notably due to factors that will have to be improved as part of the public private partnership programme.”
He stated that there was an urgent need for infrastructure investments and modernisation as all airports required investments in runway maintenance, navigation aids as well as terminal facilities.
The minister said, “There is relatively low asset utilisation due to the limited opening hours of other smaller Nigerian airports; lack of terminal capacity as the airports fall short of gates, stands and check-in desks.
“The airports have not been designed as international hubs but operate separate international and domestic terminals.”
On transaction advisers for the project, Sirika named them to include Infrata, Dentons, Proserve, Ciena, and Templars, describing them as reputable firms that would advise the Federal Ministry of Aviation.
He said the concessionaires would provide the investment required to upgrade the existing terminals, take over the new terminals and maintain them over a period of time to be determined based on financial assessment of each transaction.