Nigeria Federal Government has set up machinery for the privatization of the Lagos, Abuja, Kano and Port Harcourt international airports, with the inauguration of project steering committee for their concession.
The Minister of State for Aviation, Captain Hadi Sirika, who inaugurated the committee today, Friday of said that the concession will be driven on Public Private Partnership (PPP) model, saying that this is because government does not have the money to finance the project from start to finish.
According to him, the desire for the PPP strategy in the concession is necessitated by the situation in which the country finds itself, adding that economically, government cannot afford public spending on infrastructure.
The members of the committee include the Solicitor General of the Federation and Permanent Secretary, Ministry of Justice, Taiwo Abidogun, the Director General, Infrastructure Concession and Regulatory Commission (ICRC), Benjamin Dikko, representatives from the Ministries of Finance, Budget Planning and Aviation. [myad]
