Skip to content
August 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • FG Hands Over Enugu Airport to Aero Alliance in Landmark PPP Deal to Boost South-East Economy
  • Business & Economy

FG Hands Over Enugu Airport to Aero Alliance in Landmark PPP Deal to Boost South-East Economy

Admin June 25, 2026
government area

Enugu-State-map

government area

The Federal Government, has finally handed over the Akanu Ibiam International Airport (AIIA), Enugu, to the concessionaires, Aero Alliance Limited, under a Public-Private Partnership (PPP) arrangement.

The Aero Alliance Limited, will now undertake the financing, rehabilitation, expansion, operation, and management of the airport.

It will also ensure that it meets and sustains internationally recognised standards of safety, efficiency, and passenger experience.

Speaking during the handover ceremony at the international terminal of the AIIA, Enugu, on Thursday, Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, extolled the roles of President Bola Tinubu and Gov Peter Mbah in the realisation of the long-stalled concession plan.

“For 20 years, various governments have tried to concession some of our airports because of the belief that the private sector would run them more professionally and in a more commercially driven way.

“During the time of the previous administration when almost all the airports were advertised for concession, all the bidders avoided Enugu and Port Harcourt airports.

“There was not one bidder for Enugu and Port Harcourt. Everybody was rushing for Lagos, Kano, and Abuja because many people want food that is ready,” Keyamo said.

The minister noted that under the leadership of President Tinubu and Mbah, the reverse was the case.

“We have no bidder presently for Lagos, Abuja, and Kano. But Enugu and Port Harcourt are gone.

“Mbah went straight to Mr President a few weeks after his inauguration and said, ‘This is my plan for the airport.”

“The President minuted and said that we should give him all the assistance he needs to turn Enugu into an aviation and investment hub.

“Mbah started with Enugu Air, and now he has brought in capital and investors for the airport,” the minister added.

Keyamo urged Aero Alliance Ltd to discharge its responsibilities with the highest standards of professionalism, transparency, operational excellence, and commitment to safety.

He also allayed fears over job losses, noting that the terms of agreement reached by Aero Alliance were such that they would create new jobs rather than trigger job losses.

In his remarks, the Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Dr. Jobson Ewalefor, thanked President Tinubu for making the concession happen, describing it as “historic and special” for Nigeria.

The director-general commended Mbah’s commitment to building infrastructure, extolling his international credibility and tenacity.

“That we are here today is because of the reputation of the governor. His reputation attracted the capital.

“The Enugu Air and an agreement being signed from Guangzhou to Enugu are enough traffic to create viability,” Ewelefoh noted.

In his remarks, Gov Mbah lauded the Tinubu administration for the successful concession, saying that it marked the beginning of a new chapter in the journey to unlock the immense economic potential of the South East region.

“It opens a new chapter of economic possibilities because businesses across our region have for long grappled with logistics constraints that increased costs, lengthened delivery timelines, and limited competitiveness.

“We hope that future generations will look back to this day as the moment when Akanu Ibiam International Airport began its transformation into a truly world-class gateway serving the South East.

“Also connecting Nigeria to the world and opening new pathways to prosperity for millions of our people.

Appreciating the Aero Alliance consortium for believing in the promise and potential of the Enugu airport, the governor urged undecided investors to come and invest in Enugu State.

Responding, the Managing Director of Aero Alliance, Saleem Hussain, promised that the consortium would put its over three decades’ experience in the aviation sector to work, focusing on connectivity.

He said that the organisation would also focus on cargo and logistics, passenger experience, commercial development, and technology and operational excellence to transform AIIA into one of Africa’s leading aviation hubs.

The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, represented by the Director of Public Affairs and Consumer Protection, Mr. Henry Agbebire, expressed the commitment to making the concession work for the socioeconomic benefits of the region and the nation as a whole. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Bola Tinubu FAAN Festus Keyamo Henry Agbebire Mrs Olubunmi Kuku Peter Mbah

Post navigation

Previous Lagos explosion caused by mechanical failure, not IED – CP
Next Court remands couple over alleged attempted murder of 11-yr-old boy in Anambra

Related Stories

Navy discovers, deactivates suspected illegal crude oil infrastructure Naval rating arrested
  • Business & Economy

Navy discovers, deactivates suspected illegal crude oil infrastructure

August 21, 2026
12 ships laden with petroleum products, various commodities arrive Lagos ports greater efficiency
  • Business & Economy

12 ships laden with petroleum products, various commodities arrive Lagos ports

August 20, 2026
Africa Risks Becoming Mere AI Consumer Without Trusted Ecosystems – Microsoft Warns Microsoft
  • Business & Economy

Africa Risks Becoming Mere AI Consumer Without Trusted Ecosystems – Microsoft Warns

August 20, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Oil rises as Trump threatens sanctions on Iran partners crude oil
  • International News

Oil rises as Trump threatens sanctions on Iran partners

August 21, 2026
Navy discovers, deactivates suspected illegal crude oil infrastructure Naval rating arrested
  • Business & Economy

Navy discovers, deactivates suspected illegal crude oil infrastructure

August 21, 2026
Tinubu suspends 3 Perm Secs over fake agency
  • National News

Tinubu suspends 3 Perm Secs over fake agency

August 21, 2026
Kano LG procures drugs to contain suspected diphtheria outbreak Kano
  • Metro News

Kano LG procures drugs to contain suspected diphtheria outbreak

August 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.