The aviation sector is expected to inject about $5b (USD) out of the $3.10 Trillion (USD) required by the National Integrated Infrastructure Masterplan (NIMP) over a period of 30 years through Public Private Partnerships (PPP).
This was stated by the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Engr Saleh Dunoma at the annual conference and exhibition of the Airport Council International ACI) in Montreal, Canada, recently.
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”.
Speaking further, Engr Dunoma said the appointment of Sen 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.
“We invite Investors to join the PPP process for airport management and take advantage of the great and vast opportunities, “Feets” and Offerings in our airports”, he concluded.
Earlier at the opening ceremony, the Director General of ACI World, Angela Gittens said “ACI-NA works with our members everyday to seek common sense approaches to turn short-term challenges into long-term opportunities.”
She said this year’s conference – the largest “for airports, by airports” gathering in the world – perfectly highlights Airport Council International’s unique position as the Voice of Airports all around the world
James Cherry, President of Aeroports de Montreal expressed delight in playing host to airport leaders across the globe.
According to him, the Montreal – Trudeau Airport recently celebrated its 75th anniversary and was therefore glad to share the many changes made to lift its services over the years to world-class levels and strengthened its role as a strategic transportation hub.
The Managing Director who was accompanied by Capt Henry Omeogu, Director of Airports Operations, Kabiru Mohammed, Chief of Staff to the Managing Director, also interacted with airport operators and foreign investors amongst others.