The Federal Executive Council has agreed to concession the Murtala Muhammed Airport, Lagos and Nnamdi Azikiwe International Airport, Abuja.
The move was announced on Monday by the Vice President, Professor Yemi Osinbajo.
Osinbajo made the revelation in Abuja during the 5th Edition of the Presidential Quarterly Business Forum at the old Banquet Hall of the State House.
Osinbajo said: “I am pleased to say that the federal executive council (FEC) has approved the concessioning of the Lagos and Abuja airports.”
He added that the government’s main commitment on ease of doing business in Nigeria is to overhaul the business environment which he said would involve the concession of all airports in the country.
Osinbajo who said it was a wise decision to partner wit the private sector also said the quarterly business meeting forum is important for the government to receive both criticisms and suggestions from the private sector.
Osinbajo further stated that it is now an unavoidable thing to improve the capacity of government agencies which regulate business activities.
“Even though the pursuit of enabling business environment might be slow, the government would remain focused,” he said while adding that the government was using the dynamic approach to improve doing business in the country.
He said that was why the government has been signing executive orders with a view to ensuring that things are properly done.
The Vice President noted that about 2000 megawatts out of the 6,700 generated in the country is wasted daily because of problems associated with connection difficulties as well as problems between the transmission and distribution companies. But companies are unwillingness to take the 2,000 megawatts because of the unwillingness of some consumers to pay.
Osinbajo also pledged government’s commitment to improving infrastructure related to power distribution.
He quickly added that the government was promoting solar power initiative as well as the construction of integrated power plants in nine Nigerian universities to boost power supply.
Part of the business overhaul initiatives of the government is to ensure the provision of power in some notable business environments such as the Ariaria Market in Aba, Abia State; the printing industry in Somolu, Lagos, and a Kano market without the necessary connection to the national grid, he said.
