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The gains of concessioning Asaba International Airport — Okowa

Vanguard News
The gains of concessioning Asaba International Airport Okowa
On
By Festus Ahon
THE International lounge of the Asaba International Airport hosted prominent Deltans, top Government functionaries and investors Tuesday as the Airport was concessioned to a master concessionaire (FIDC-Menzies Consortium, now incorporated as Asaba Airport Company Limited) and sub-concessionaires of technical partners with a designated area of investment for 30 years by the State Government after five years of rigorous and painstaking exercise.
Among the sub-concessionaires is Air Peace airline which has the mandate of the anchor airline with the construction and operation of Maintenance, Repair and Overhaul (MRO) facility at the airport. Multiflight Cargo and Logistics will manage the cargo aspect and its development. Arbico Construction Company will develop the Business Park, Hotel and Convention Centre; Rainoil Limited and Cybernetics Limited are to develop tank ....

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Pioneering Concession of State-owned Airport

Pioneering Concession of State-owned Airport
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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How states can recoup investment in airports using Delta State example

How states can recoup investment in airports using Delta State example
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

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Asaba Airport concession to fetch N80bn, says official

By Ifeanyi Olannye
Asaba, Feb. 25, 2021 Delta Government says the Asaba Airport Concession will fetch more than N80 billion revenue at the end of the 30-year period.
Prof. Sylvester Monye, Senior Policy Adviser to Gov. Ifeanyi Okowa, said this while briefing newsmen on decisions reached at the State Executive Council meeting in Asaba on Thursday.
He explained that contrary to opinions, the whole process that led to the concessioning of the airport were open and transparent and took almost five years to actualise.
He said that there was no state in Nigeria that had the capacity to manage airport, saying that the state government had instead sought the help of the Federal Government. ....

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Airport concessioning: Turning states' liabilities to assetsBusiness — The Guardian Nigeria News – Nigeria and World News

Airport concessioning: Turning states' liabilities to assetsBusiness — The Guardian Nigeria News – Nigeria and World News
guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.

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