The Federal Government has finalized plans to announce approved concessionaires for the quadrupling of Lagos, Abuja, Port Harcourt, and Kano airports the following week.
Murtala Muhammed International Airport (MMIA) will have its new operator announced by March 22.
A total of 13 airport consortia, comprising local and foreign companies, submitted bids to be prequalified for the planned concession of international airports. Among them is Bi-Courtney Aviation Service Limited (BASL) which currently owns and operates the Murtala Muhammed Airport II (MMA2) terminal, Lagos.
The bidding, towards running the airports efficiently and profitably, was open to firms or consortia with track records in airport terminal management and net worth of N30 billion per firm or consortium. The concession is billed to run for 20 to 30 years tenure in a Build, Operate and Transfer (BOT) model.