FEC approves N3.04bn for installation of taxi lighting systems in Lagos, Abuja airports.
Written by AIGBOKHAEBHO OKHUELEIGBE on May 16, 2023
The Federal executive council (FEC) has approved 3.04 billion naira for the procurement and installation of a taxi lighting system and photometric pattern for the airports in Lagos, Port Harcourt and Abuja.
Minister of aviation, Hadi Sirika, who disclosed this to newsmen, said the council also approved funds for the provision of equipment in airports all over the country.
The Minister said:
A second memo was also for the award of contract for the procurement, and installation of taxi lighting system, and photometric pattern for Port Harcourt, Lagos, Abuja, and some other equipment all over the country.
In this contract, the total sum for the photometric and taxi lighting system for both airports mentioned is total contract sum of N3,047,127,022.72, with seven and half percent VAT and 12 months completion period. The contractor is Messrs KSR3 Global Nigeria Limited. So, those are the two memoranda.
As part of our roadmap, the Aviation Leasing Company has been established and approved by council.
So, entrepreneurs and civil aviation will have access to lease equipment at affordable rates within our country, Nigeria, and this is part of a roadmap. The roadmap is gradually coming to 100 percent completion. I am glad to see the full business case has been approved by the FEC.
Sirika also reiterated the resolve of the President Muhammadu Buhari-led administration to ensure that Nigeria Air, the proposed national airline, flies before May 29, 2023, when a new government would be installed.
Also approved by the council is the sum of 1.3 billion naira for the procurement of furniture for the newly acquired headquarters of the Nigeria Maritime Administration and Security Agency (NIMASA) in Lagos.