FG to inject $5bn into aviation infrastructure

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Thee Managing Director of the Federal Airports Authority of Nigeria (FAAN) Saleh Dunoma Tuesday said the aviation sector is expected to be injected with about $5billion 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).

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Dunoma stated this at the annual conference and exhibition of the Airport Council International ACI) holding in Montreal.

Speaking at the session on Public Private Partnership, Eng Dunoma hinged his presentation with a quotation from President Muhammadu Buhari thus: “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”.

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Speaking further, the FAAN boss said the appointment of 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.

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