BusinessFG lists eligibility requirements for companies for 4 airports...

FG lists eligibility requirements for companies for 4 airports concession

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The Federal Government has listed the eligibility requirements for companies or organizations that want to bid for the concession of the 4 international airport terminals and other related.

The government in its released request for qualification for the concession of the 4 international airports said the eligibility requirements include full names of firm/consortia, evidence of company registration, ownership structure of bidding entity, audited financial statements and sworn affidavit.

According to NAN, the Permanent Secretary of the Federal Ministry of Aviation, Mr Hassan Musa, made this announcement in a statement issued to newsmen in Lagos on Monday by the Director, Public Affairs of the ministry, Mr James Odaudu.

Other eligibility requirements listed by Musa include the Power of Attorney/Board Resolution and in the case of a consortium, evidence in the form of a letter of association agreement.

He said that to be prequalified for consideration as a prospective PPP partner for the project, the prospective firms/consortia must have technical, operational and financial capability.

He said others included the experience in the Development and Operation of an International Airport and Cargo Terminals; Evidence of Financial Capacity in support of the company or consortium’s ability to undertake the airport concession.

The Permanent Secretary said this was as illustrated by a minimum net worth of N30 billion and Letters of Support from credible financial institutions in support of the consortium’s ability to manage and operate the airports terminals.

Musa said the ministry urged the interested international parties to partner with local firms in compliance with the requirements of the country’s local content development policy.

He said that the ministry released the request in compliance with the Infrastructure Concession Regulatory Commission (ICRC) and National Policy on Public-Private Partnership (N4P).

He said, “The Federal Government through the Ministry of Aviation is inviting bids from reputable Airport Developers/Operators/Financiers/Consortia for pre-qualification for the concession of selected airports terminals under a Public-Private Partnership (PPP) arrangement.

“The airport’s terminal concession is one of the critical projects under the sector roadmap of the FGN and fits well within the scope of the ministry’s strategic plan for the sector. The execution of this project is meant to achieve the Federal Government’s objective in terms of air transport value chain growth.

“The project will develop and profitably managing customer-centred airport facilities for safe, secure and efficient carriage of passengers and goods at world-class standards of quality.’’

What you should know

  • It can be recalled that in June 2020, the Federal Government commenced the concession process for the 4 new international airport terminals selected across the country.
  • The airports are Nnamdi Azikiwe International Airport, Abuja; Murtala Muhammed Internatıonal Aırport, Lagos; Malam Amınu Kano Internatıonal Aırport, Kano and Port Harcourt Internatıonal Aırport.
  • Minister of Aviation, Hadi Sirika, while confirming the development, disclosed that he had received outline business case certificate of compliance from ICRC for the concession of the 4 airports.

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