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First with the News

FEC Approves N10bn For Management Of Lagos, Abuja, Enugu Airports

According to Nigeria's Aviation Minister, the project which is to be completed in 12 months, is also subjected to 7.5 percent Value Added Tax, VAT.

April 1, 2021
in Economy, Technology and Science, Top Stories
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Federal Executive Council, FEC, has approved the sum of N10.5 billion for the supply of Airport Management Solution to Nigerian international airports at Lagos, Abuja, Kano, Port Harcourt and Enugu.

 

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This was disclosed by the Minister of Aviation, Hadi Sirika at the end of the Council meeting, chaired by Vice-President Yemi Osinbajo in Abuja on Wednesday.

 

According to the minister, the project which is to be completed in 12 months, is also subjected to 7.5 percent Value Added Tax, VAT.

 

“Today in Council, the Ministry of Aviation had a memorandum that was approved and this is a contract for the provision of Airport Management Solution for the international airports of Abuja, and that of Lagos and Kano, Port Harcourt and Enugu. It is awarded in the sum of N10,594,057,618.20,” Sirika said.

 

It would be recalled that the House of Representatives announced earlier this week that it has agreed to listen to complaints lodged by airline operators in Nigeria over the handling of COVID-19 funds by the aviation ministry.

 

 

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