• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Hospitality & Travel

FG approves N35 billion for aviation projects nationwide

N14.7 billion approved for the construction of clinics at Abuja, Kano, Port Harcourt, and Lagos Airports

William UkpebyWilliam Ukpe
1 year ago
in Hospitality & Travel
Impounded aircraft belongs to Flairjet, not Flair Aviation – Minister, FG assures that no FAAN worker will be sacked due to airport concession

Senator Hadi Sirika 

Share on FacebookShare on TwitterShare on Linkedin

The Federal Executive Council (FEC) has approved the sum of N35 billion for numerous aviation infrastructure projects.

The projects include maintenance of the nation’s new international building terminals in Abuja and Port Harcourt, construction of terminal buildings at Akanu Ibiam International Airport Enugu State and at the Asaba Airport and others.

This was disclosed by Aviation Minister, Hadi Sirika after the FEC meeting on Wednesday in Abuja presided over by President Muhammadu Buhari.

What they are saying

The minister stated that N5.6 billion of the money was approved for the maintenance of the nation’s new international building terminals in Abuja and Port Harcourt.

“There were five memoranda from civil aviation, which were all approved, starting from the one for contract for the maintenance of Nigeria’s new international terminal buildings in Abuja and Port Harcourt.

“This is in line with government’s policy to ensure that public buildings are well maintained so that they will remain as they are.

“In this case, contract was approved for the two terminal buildings at a total cost of N5,653,341,729.07, including 7.5 per cent VAT, for a period of three years,’’ he said.

He added that a N14.2 billion increase was also approved in the cost of the construction of terminal buildings at Akanu Ibiam International Airport Enugu State and at the Asaba Airport.

“This is funded through the federal budget. Recall that the remaining four terminal buildings in Kano, Lagos, Port Harcourt and Abuja are funded through Chinese loans.

“The Enugu airport is funded through our appropriation including the cargo terminal therein and also the cargo terminal at Asaba.

“The increased cost for these procurements is N14,242,808,433.17 with 12 months additional completion period,’’ Sirika said.

 “The other one is approval for the award of contract for the procurement of L3 X-ray machine parts and maintenance support services.

This procurement is in the sum of N469,679,484 with 7.5 per cent VAT to be supplied in a period of 12 months,’’ he added.

He also revealed that the sum of N14.7 billion was approved for the construction of clinics at Abuja, Kano, Port Harcourt, and Lagos Airports and also the  replacement of elevators and excavators at Wings `D’ and `E’ at the old Lagos Airport.

Tags: Aviation infrastructure projectsFECFederal Executive CouncilHadi Sirika

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

hfm
UBA
Mega Millions
Mega Millions
fidelity banner
HFM







NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • Reactions trail the suspension of CBN Governor
  • Africa’s biggest economies responsible for continent’s slow economic growth – Report
  • Where Nigerians in Nigeria and diaspora can invest right now

Follow us on social media:

Recent News

Reactions trail the suspension of CBN Governor

Reactions trail the suspension of CBN Governor

June 10, 2023
Africa’s Biggest Economies Responsible for Continent’s Slow Economic Growth_ Report

Africa’s biggest economies responsible for continent’s slow economic growth – Report

June 10, 2023
  • Download Nairametrics iOS App
  • Download Nairametrics Android App
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Opinions

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • Login
  • Sign Up

© 2023 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In