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Airports’ concession: FG, labour discuss workers’ welfare, $1bn FAAN loan

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Labour unions in the aviation sector have begun discussions with the Federal Government on workers’ welfare and the repayment of about $1bn loan which the Federal Airports Authority of Nigeria would bear once the concession of the country’s four major airports scales through.

It was also learnt that the unions had gone through the Outline Business Case for the concession process and had submitted their concerns about the OBC to the Minister of Aviation, Hadi Sirika.

This came as senior officials of the Federal Ministry of Aviation told our correspondent that investors from all continents and global aviation centres were sending in applications for the concession of the airports.

In July, the Federal Government officially commenced the search for concessionaires to manage Nigeria’s four major airports in Lagos, Abuja, Kano and Port Harcourt.

It made this public through the aviation ministry in its requests for prequalification for the concession of four international airport terminals and related services.

In August, aviation unions declared that the Federal Government would not succeed in its concession plan on the facilities as there were so many legal tussles and other baggage around the operations of the four airports.

They argued that FAAN would be put at a disadvantage of bearing the burden $1bn loan repayment if the Federal Government continued with its concession policy.

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