The aviation sector is expected to inject about $5 billion out of the $3.10 trillion required by the National Integrated Infrastructure Masterplan (NIMP) over a period of 30 years through Public Private Partnerships (PPP).
This was stated by the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Saleh Dunoma at the recent annual conference and exhibition of the Airport Council International (ACI) held in Montreal, Canada.
Speaking at the session on Public Private Partnership (PPP), Dunoma hinged his presentation with a quotation from President Muhammadu Buhari saying: “We also have a huge infrastructure deficit for which we require foreign capital and expertise to supplement whatever resources we can marshal at home. In essence we seek Public Private Partnership in our quest for enhanced capital and expertise.”
According to Dunoma, the appointment of Senator Hadi Sirika, himself an aviator as the Minister of State, Aviation has fast tracked the provision of the legislative framework and corresponding incentives to attract foreign direct investment.
“We invite investors to join the PPP process for airport management and take advantage of the great and vast opportunities, “Feets” and Offerings in our airports”, he concluded.
The Managing Director was accompanied by Captain Henry Omeogu, Director of Airport Operations and Kabiru Mohammed, Chief of Staff to the Managing Director.
Meantime, the FAAN MD has urged airline operators, service providers and the business community to take advantage of the new business opportunity provided by the commencement of international cargo operations at the Akanu Ibiam International Airport, Enugu.