The fortunes of four international airport terminals are about to change for good as the Federal Government, on Monday, opened bids for the concession of four international airport terminals in Lagos, Abuja, Port Harcourt and Kano.
The airports that will gain from the concession are Nnamdi Azikiwe International Airport, Abuja; Murtala Muhammed Internatıonal Aırport Lagos; Malam Amınu Kano Internatıonal Aırport and Port Harcourt Internatıonal Aırport, Omagwa.
The bids are open to firms or consortia with experience in managing airport terminals and have a net worth of N30billion. The request for qualification (RFQ) is to enable private investors to run the terminals profitably.
Recall the Federal Executive Council (FEC) had in 2016 approved the concession of the four major airports in a move to have them run efficiently and in compliance with the Infrastructure Concession Regulatory Commission (ICRC) and National Policy on Public-Private Partnership (N4P).
In a statement made available to journalists Monday, the Permanent Secretary, Federal Ministry of Aviation, Hassan Musa said the idea to concession the four major commercial airports are to develop airports and surrounding communities into profitable commercial hubs.
“The Federal Government of Nigeria (FGN) through the Ministry of Aviation is inviting bids from reputable Airport Developers/Operators/Financiers/Consortia for prequalification for the Concession of selected Airports Terminals under a Public-Private Partnership (PPP) arrangement.
“The airport’s terminal concession is one of the critical projects under the Aviation Sector Roadmap of the FGN and fits well within the scope of the Ministry’s strategic plan for the sector. The execution of this project is meant to achieve the Federal Government’s objective in terms of air transport value chain growth by developing and profitably managing customer-centric airport facilities for safe, secure and efficient carriage of passengers and goods at world-class standards of quality,” the memo read in part.
Requirement for eligibility includes full names of firm/consortia; evidence of Company Registration; ownership structure of bidding entity; audited financial statements; affidavit; the power of attorney/board resolution and in the case of a consortium, evidence in the form of a letter of the association agreement.
Only pre-qualified parties can move to the Request for Proposal (RFP) stage and will require to sign a Non-Disclosure Agreement before issuance of the RFP documents, while submission of pre-qualification requirements will not be accepted through electronic media.
Interested international parties are required to comply with the Federal Government’s local content development policy by partnering with local firms.