By Taiye Edeni
Nigeria has inaugurated two committees to work out modalities to kick start the concession of major airports to private investors.
The Minister of State for Aviation, Mr. Hadi Sirika, on Friday inaugurated the committees.
The committees are to provide general direction and steer the course of Public Private Partnership (PPP) project concessions in the Aviation Sector.
Mr. James Odaudu, the Deputy Director, Press and Public Affairs, of the ministry of Aviation said in a statement in Abuja on Friday that the committees are Project Steering Committee and Project Delivery Committee.
According to him, government has resolved to concession the airports in the interest of the nation.
This is to ensure the establishment and sustenance of world class standards in both infrastructure development and service delivery.
The concession should not be misconstrued to mean privatization.
“The misgivings some people have expressed concerning the exercise was borne out of misconception that concession is synonymous with privatisation.
“The institutions being concessioned remain the property of the Federal Government which will generate more jobs at the end of the day.’’
According to him, members of the concession process should ensure that all their activities are in compliance with the guidelines of the Infrastructure Concession and Regulatory Commission (ICRC).
He said that the Project Delivery Committee should approve action plans, budgets, financial requests and serve as the final decision-making body on PPP, concession matters on air transport generally.