FG ends 18-year dispute over MMA2 concession
The Federal Government of Nigeria and Bi-Courtney Aviation Services Limited have ended an 18-year dispute over the MMA2 airport terminal concession by signing a new agreement in Abuja. The deal, approved by President Bola Tinubu, includes waiver of historical claims, allows FAAN to receive concession fees, clarifies GAT ownership by the government, and permits Bi-Courtney to expand the apron and operate regional flights subject to capacity and regulations.
Pidgin: Federal Government of Nigeria and Bi-Courtney Aviation Services Limited don end their 18-year quarrel about MMA2 airport terminal concession after dem sign new agreement for Abuja. The deal wey President Bola Tinubu approve include to forget all old claims, make FAAN begin collect concession fees, clarify say GAT na government property wey FAAN dey operate, and allow Bi-Courtney to expand the apron and run regional flights across Africa as long as di terminal get full capacity and dem follow all rules.
How this affects you: Bi-Courtney Aviation Services Limited, FAAN, and the Nigerian aviation industry are affected by resolution of the long dispute, waiver of claims, receipt of concession fees, GAT clarification, and permission for apron expansion and regional flight operations.
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