Stakeholders expect transformation from Enugu Airport concession

The Federal Government’s concession of Enugu Airport has raised hopes among stakeholders for major changes.

Stakeholders have expressed optimism regarding the Federal Government’s decision to concede Enugu Airport. This move is seen as a step toward transformation in the aviation sector. The concession aims to improve operations and infrastructure at the airport. Details on the specific terms of the concession remain limited in available reports. Expectations focus on enhanced efficiency and development.

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Nigerian Minister Dave Umahi announces no tolls on the rehabilitated Third Mainland Bridge with new CCTV security center visible.
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Federal government won't toll Third Mainland Bridge

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The Federal Government of Nigeria has clarified that there are no plans to impose tolls on the rehabilitated Third Mainland Bridge in Lagos. Minister of Works, Sen. Dave Umahi, made this assurance amid the bridge's recent upgrades. Additionally, the government has inaugurated a N40 billion CCTV centre on the bridge to enhance security.

The Federal Government of Nigeria has conceded Enugu Airport, sparking expectations among stakeholders for significant improvements.

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Nigeria’s federal government has signed a concession agreement for Enugu Airport to support the South East region’s economy.

The Federal Government of Nigeria has finalized plans to issue a N1.23 trillion Power Sector Bond to tackle debts owed to power generation companies and stabilize the electricity market. Finance Minister Wale Edun announced this during an investor forum, highlighting its role in a broader N4 trillion debt resolution program. The initiative aims to restore liquidity and investor confidence in the Nigerian Electricity Supply Industry.

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President William Ruto has revealed that construction of a new world-class airport will begin in April or May this year, as part of the government's strategy to enhance national infrastructure. He described it as a crucial step to transform the country and alleviate congestion at Jomo Kenyatta International Airport (JKIA). The project is expected to cost around Ksh264 billion.

The Federal Government of Nigeria and the Academic Staff Union of Universities are preparing to reveal a signed landmark agreement.

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Egypt has denied claims of ceding land in the Sokhna integrated zone to Qatar's Al Mana Holding, stating that the sustainable aviation fuel project operates under a usufruct system while remaining under full Egyptian sovereignty. The Suez Canal Economic Zone issued a statement clarifying that all land stays state-owned, and the $200 million figure covers investment costs, not a land purchase price.

 

 

 

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