N6.32 billion in airport contracts greenlit by FEC bankpawa.co .uk 1

N6.32 billion in airport contracts greenlit by FEC

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The Federal Executive Council (FEC) approved two contracts for the Ministry of Aviation and Aerospace Development on Wednesday, valued at N6.32 billion.

While briefing the press after this week’s FEC meeting, which was chaired by President Bola Tinubu, Minister of Aviation and Aerospace Development Festus Keyamo said that the approvals were for the main ministry as well as the Nigerian Airspace Management Agency (NAMA).

Both contracts were valued at N4.1 billion and N2.23 billion, respectively, according to Keyamo. The first contract was for technical support services at Lagos’s Murtala Mohammed International Airport, and the second was for the repair of navigational equipment at Port Harcourt International Airport.

The Ministry of Aviation and Aerospace Development submitted two memos. One document was from the main ministry, and the other was from one of its agencies, NAMA,” Kayemo explained. A Technical Support Services contract with the Chinese firm CCECC, which constructed the new international wing of our Lagos airport and four other airports in the country, is the first document.

Our agreement with the construction crew has been in place from the beginning. It’s to be expected that they will also be responsible for the initial five years of facility maintenance. This agreement for technical support services is all about that. During the first five years.

Everything they installed, including the chillers, air handling units, passenger boarding bridge, concourse escalators, remote boarding lifts designed for the physically handicapped, and all the other facilities, should be well-maintained, as we have previously stated.

There will be a total of N4.1 billion spent during the first five years (including 7.5% VAT), and the deal will last for another five years after that. In other words, it’s for the benefit of Nigerians, tourists, and the general public’s comfort and delight. That was the first memo we submitted, and the council gave their approval.

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