Airport concession: ICRC initiates FAAN, Bi-Courtney settlement


Maureen Ihua-Maduenyi

The Infrastructure Concession Regulatory Commission has initiated a process to resolve the concession problem between the Federal Airports Authority of Nigeria and Bi-Courtney Aviation Services Limited, operators of the Murtala Muhammed Airport Terminal Two, Lagos.

The Acting Director-General of the ICRC, Chidi Izuwah, during a monitoring visit to the MMA2 and the hotel and conference centre on Monday, said the commission was engaging the Minister of State for Aviation, Senator Hadi Sirika, on the challenges and believed that they would be resolved soon.

The MMA2 was awarded to BASL in 2003 as a public-private partnership project on Build, Operate and Transfer basis, but has since been enmeshed in a legal battle following disagreements between both parties on aspects of the agreement, including the tenure.

Izuwah said as a commission saddled with the…

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