FG Set To Concession Lagos, Abuja, Kano Airports

The Federal Government is set to seal concession plans with private investors to finance rehabilitation works in four of the country’s four major airports namely, Nnamdi Azikiwe International Airport, Abuja, Murtala Muhammed Airport, Lagos, Aminu Kano International Airport, Kano and the Port Harcourt International Airport.

Minister of budget and national planning, Senator Udoma Udo Udoma, made these disclosure on Thursday, May 12, while giving a breakdown of the 2016 budget and its implementation strategies at a session which had in attendance ministers, captains of industry, professionals, organized labour and media executives.

Udoma said the federal government would today commence the release of N350 billion earmarked for capital projects in the 2016 budget.

He further stated that the government will complete the Kaduna-Abuja and the Ajaokuta-Warri rail lines scheduled for 2016; revise the National Rail Master Plan and finalise negotiations for Lagos-Kano and Lagos-Calabar rail projects.

These, he noted, will ensure delivery of 2,193 kilometres of federal roads across 31 projects scheduled for 2016 (through public works and other interventions) and explore Private Public Partnership options for completing other projects.