Aviation Sector Gets N5.6 Billion For Equipment, Terminals Maintenance

The Federal Executive Council has approved N5.6 billion for the maintenance of Nigeria’s new international building terminals in Abuja and Portharcourt.

The Minister of Aviation, Hadi Sirika disclosed this to State House Correspondents at the end of Wednesday’s meeting of the council, presided over by President Muhammadu Buhari.

Siirika said the Council also approved the sum of N14.2 billion as variation of the cost for the construction of a terminal building at Akanu Ibiam international airport in Enugu State and Asaba, Delta State.

The Aviation Minister also announced that the cabinet approved a variation for the procurement, configuration, delivery and commissioning of transportable Radars, co-mounted with another Radar and tower control centre for the enhancement of the North-East surveillance safety of air navigation operations and for the airport in Maiduguri to run 24 hours.

He also said N14.7 billion was approved for the construction of clinics at Abuja, Kano, Portharcourt, and Lagos airports as well as the replacement of elevators and excavators at Wings ’D and E’ at the old Lagos Airport.


Discover more from LN247

Subscribe to get the latest posts sent to your email.

Advertisement

Most Popular This Week

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More from Author

Advertisement

Read Now

South Africa Reduces Interest Rate to 7.50%

South Africa’s central bank has reduced its key lending rate by 25 basis points to 7.50%, aligning with market expectations. Prior to this reduction, the rate stood at 7.75%. This decision, announced on Thursday, reflects the bank’s assessment that while inflation remains controlled, the medium-term economic outlook...

Tariff Hike: Labour Plans Nationwide Protest

The Nigeria Labour Congress (NLC) has announced plans to stage a nationwide protest on February 4, 2025, against the proposed 50% hike in telecommunications tariffs approved by the Nigerian Communications Commission (NCC). In a communiqué signed by its National President, Joe Ajaero, the NLC condemned the increase...

Moniepoint Partners with Visa to Empower African Businesses

Moniepoint, Nigeria's fintech unicorn, has announced a strategic partnership with Visa to accelerate its expansion across Africa and offer innovative payment solutions to local businesses. This collaboration follows Moniepoint's successful $110 million Series C funding round, which tripled the company’s valuation to over $1 billion in October...

Discover more from LN247

Subscribe now to keep reading and get access to the full archive.

Continue reading