Nigerian govt approves concessioning of Lagos, Abuja International Airports – Osinbajo

The Vice President, Yemi Osinbajo, on Monday said the Federal Executive Council, FEC, has approved the concessioning of the Lagos and Abuja International Airports for better management. Osinbajo said: “Infrastructure is in a terrible state and we know that public sector has a poor record on maintenance of facilities”. He said for the economy to be improved, the private sector needed to be involved in many ways. “Partnership with the private sector is not only a policy, it is the most sensible thing to do and our approach is to engage, work collaboratively to take criticisms and suggestions seriously and to respond”. Okechukwu Enelamah, Minister of Industry, Trade and Investment, said the progress made in the business community so far had helped the economy come out of recession. He said some of the successes of the federal government were tied to the responsiveness and engagements from the private sector.