Tag: GAT

  • FAAN earns N100m at GAT from lease rentals

    FAAN earns N100m at GAT from lease rentals

    The Federal Airports Authority of Nigeria (FAAN) earned over N100 million from lease rentals at the remodelled General Aviation Terminal of the Murtala  Muhammed Airport, Ikeja, Lagos, its Managing Director, Mr George Uriesi, has said.

    Speaking during an interview with The Nation in Lagos, he said the authority is seeking ways to boost its revenue at airports nationwide under a new arrangement expected to attract investors.

    Part of measure is a new regime of concessions and lease rentals.

    To achieve this, FAAN is embarking on facility upgrade at airports to attract more investors in the aeronautical and non aeronautical areas.

    Mr Uriesi said the authority is handling over 73 projects nationwide, as a strategy to make the environment more investor-friendly.

    Part of the projects include the remodelling of the  Murtala Muhammed International Airport, which will create more space for offices, shops and other retail outlets to be taken by ancillary service providers.

    One of the projects being considered is the construction of the multi-layer car park at both the domestic and international wings of the airport, which is expected to generate revenue for the authority.

    He said the access toll gate at the Lagos Airport is also being expanded to create room for more lanes, where FAAN will earn more than N40 million that the concessionaire is expected to remit to the authority.

    Plans are afoot to build a car park and a cargo terminal at the cargo wing of the airport. They are expected to fetch more revenue for the authority, he added.

     

     

     

    Another project expected to generate revenue for FAAN is the construction of a general aviation terminal for charter operations at the Abuja Airport.

    Most of the projects are being funded by the Federal Government under the remodeling initiative , while efforts are on to engage private sector investors under a transparent arrangement.

    The Federal Government has spent over N800 million to fix the remodeling of the Lagos and Abuja airports.

    Uriesi said given the commercial strategy in place, FAAN will by next year recoup the N648 million spent in remodeling the general aviation terminal of the Murtala Muhammed Airport.

    He said FAAN could not achieve much last year from its internally generated revenue, because most of the airports non-aeronautical revenue sources could not be achieved on account of closure for reconstruction under the remodelling exercise.

    He explained that because FAAN is bogged by the huge debt profile owed by airlines, it has engaged consultants to assist in recovering the monies from the debtors, who he said are complying.

    He said the strategy of engagement with debtors will pay off, as the airport authority will require huge funds to meet its capital commitments.

     

  • Who owns GAT, FAAN or Bi-Courtney?

    Who owns GAT, FAAN or Bi-Courtney?

    •Row over airport terminal deepens

    The war of attrition between the Federal Airports Authority of Nigeria (FAAN) and Bi-Courtney Aviation Services Limited over the ownership of the remodelled General Aviation Terminal (GAT) at the Murtala Muhammed Airport, Ikeja, Lagos, is still raging . According to FAAN, the truth has not been told about the status of the terminal.

    faan, according to its spokesman, Mr Yakubu Dati, explained that it is imperative to explain the ownership status of the terminal following what he calls misrepresentations by Bi-Courtney. The firm, which manages the MMA2 terminal, is claiming ownership of the facility.

    dati was reacting to a statement by the firm’s spokesman Mr Steve Omolale-Ajulo, that the terminal does not belong to FAAN.

    dati said: “ It is an open secret that Bi-Courtney, in a desperate bid to also deceive unwary Nigerians, has taken it upon itself to engaged in a campaign of calumny against both the Federal Ministry of Aviation and the Federal Airports Authority of Nigeria for standing up against the company’s well-known penchant for taking undue advantage of its business partners, especially government agencies.

    “This has been done through several sponsored articles using different channels to propagate lies to the public. Other times it had gone overboard to sponsor faceless individuals to do its bidding.

    “We know that the case between FAAN and BASL has not been finally decided by the judiciary, so we will limit our response to his article and present facts that will debunk the lies and expose the mischief contained so that the public is not deceived.

    “The pertinent question remains, agreement approved by who? Does the Ministry of Aviation and FAAN have the authority to cede government property to a third party or concessionaire, without the approval of the Federal Executive Council, which approved the initial concession in the first place?

    “It should be noted that it is not in all the cases that a minister’s action receives the approval of Mr President and some ministers have been relieved of their portfolios or meted with stricter measures because of such illegal or irrational actions.

    “The fact is that the draft agreement for the Build, Operate and Transfer (BOT) of the Domestic Terminal 1 was for a total cost of N3.9billion and the tenure of the agreement was 12 years, dully approved by the Federal Executive Council. This is the only authentic agreement.

    “Immediately after this agreement, Bi-Courtney organised a consortium of banks and got a loan facility to the tune of N38billion contrary to the terms of the agreement which pegged the cost at N3.9billion. Bi-Courtney then proceeded to build a different design that was not agreed nor approved by FAAN. This was the genesis of Bi-Courtney’s predicament.

    “The company after realising its folly now approached a consultant KPMG on how long it would take to recoup the N38billion. The consultant findings revealed that it would take 36 years.

    “Their co-travellers at the Ministry also got another consultant, who recommended 45 years! Realising this dilemma, they started various divisive antics on how to get an elongation of tenure of the initial agreement through their connections at the helms of affairs at that time.

    “They approached the former President, the late Alhaji Umar Musa Yar’Adua, to authorise an elongation; predictably, he out-rightly refused them because it was not in the overall interest of the nation.

    “They again went back to a former Minister of Aviation, and persuaded one of his Personal Assistants contrary to government’s regulation who gave them a purported letter of approval extending the tenure to 36 years. It is this fraudulent and criminal document they have been brandishing around as official approval for this bogus project.

    “Furthermore, the company got another purported approval from a former Attorney-General, who set up a committee, got people who are not staff of FAAN to be the members of the committee, to extend the tenure to 36 years.

    “All the so-called approvals were without any FEC approval. There was none, whatsoever from DPP, ICRC and other mandatory organs. We challenge Bi-Courtney to produce any formal approval, for extension of the tenure of agreement by FEC, and bring this out to the public domain.

    “The purported approvals are not in the best interest of the nation and people who ought to be in jail are busy misinforming the public in pursuit of greedy, selfish interest.

    “Bi-Courtney is the one talking about its predicament so, the onus is on it to justify this so-called predicament imposed by government, by publishing the document signed by the same government granting it a 36-year concession and the ownership of GAT.

    “If Bi-Courtney does not take up this challenge, it is an admission that the company is suffering from a self-imposed predicament, engendered by greed and insincerity, to say the least.

    “Nigerians should appreciate this government for deciding to put an end to the discrepancies and criminal tendencies associated with many concession agreements of the past, no matter who is involved in these concessions.

    “The overall best interest of the country should override the narrow and parochial interests of a few self-serving government officials and fraudulent investors.

    “In the words of Abraham Lincoln: ‘You can fool some of the people all the time, but you cannot fool all the people all the time.’ The game is up for Bi-Courtney.”

    •Dati is General Manager, Corporate Communication, FAAN

  • Commissioning of the remodelled GAT, MMA

    Commissioning of the remodelled GAT, MMA

    CAPTIONS:

    PIX: 1 (Right – Left)- Secretary to the Government of the Federation,

    Senator Anyim Pius Anyim; Director General, National Orientation

    Agency(NOA), Mr. Mike Omeri; Honourable Minister of Aviation, Princess

    Stella Adaeze Oduah and Permanent Secretary, Aviation, Ms. Anne N,

    Ene-Ita cutting the tape during the Commissioning of the Remodelled

    General Aviation Terminal, MMA, Lagos on Monday 22nd October, 2012.

    PIX: 2 (left – Right) Permanent Secretary, Aviation, Ms. Anne N,

    Ene-Ita; Honourable Minister of Aviation, Princess Stella Adaeze

    Oduah; Director General, National Orientation Agency(NOA), Mr. Mike

    Omeri and the Secretary to the Government of the Federation, Senator

    Anyim Pius Anyim cutting the tape during the Commissioning of the

    Remodelled General Aviation Terminal, MMA, Lagos on Monday 22nd

    October, 2012.

    PIX:4; 5; 6; 7; 8 and PIX: 9 – Front view of the newly commissioned

    Remodelled General Aviation Terminal, MMA, Lagos on Monday 22nd

    October, 2012.

    PIX: 3 – (Left – Right) Secretary to the Government of the

    Federation, Senator Anyim Pius Anyim; Honourable Minister of Aviation,

    Princess Stella Adaeze Oduah and Managing Director, Federal Airport

    Authority of Nigeria, Mr. George E. Uriesi during the Commissioning of

    the Remodelled General Aviation Terminal, MMA, Lagos on Monday 22nd

    October, 2012.

  • ‘GAT does not belong to Bi-Courtney’

    ‘GAT does not belong to Bi-Courtney’

    • Fed Govt assures on air safety

    The remodelled General Aviation Terminal (GAT) in the old domestic wing of Murtala Muhammed Airport (MMA) does not belong to Bi-Courtney, the Aviation Minister, Princess Stella Oduah, has said.

    Princess Oduah,who spoke yesterday through her Special Assistant on Media, Joe Obi, explained that the location of GAT has never been concessioned to Bi-Courtney, adding that the agreement with Bi-courtney has a survey plan clearly marked in square metres.

    Oduah said: “Information at our disposal indicates that Bi-Courtney Aviation Services Limited, the Concessionaire to MM2, apparently threatened by the imminent opening of the newly reconstructed and remodelled GAT, Lagos, is mounting a media campaign in an attempt to blur, or diminish the unprecedented achievement of the Aviation Minister, in giving Nigerian airports a major face-lift and dignified ambience.

    “To be sure, the area where GAT is located has never been part of the area concessioned to Bi-Courtney Limited.

    “The agreement with Bi-courtney has a Survey Plan clearly marked in Square metres and the area of the GAT was never contemplated to be part of the area leased to Bi-Courtney.

    “Nigerians can vividly recall the dilapidated and decrepit state of the nation’s airports, including GAT prior to the assumption of office of the current Minister. Today, 11 airports, including the GAT are an elegant testimony of the desire and determination of the Minister to give Nigerians what they truly deserve – airports of their dreams that compares to any such facility anywhere around the world,” the statement said.

    “It is inconceivable that anyone would not only contemplate, but also hold fast to the jaundiced belief that a nation as big and great as Nigeria ought not to progress beyond having a terminal like MM2,” it added.

    On allegations that there are court orders restraining anybody, including FAAN, the agency in charge of federal airports from developing GAT, the minister said the court cases were still on-going.

    Meanwhile, Secretary to the Government of the Federation , Senator Anyim Pius Anyim said in Lagos yesterday that the Federal Government will continue to place high priority on the safety, security and comfort of travelling public across the nation’s airports as part of it’s transformation agenda.

    Anyim said this while inaugurating the remodelled General Aviation Terminal(GAT) at the Murtala Muhammed Airport built at a cost of N648 million.

    He assured passengers that the Federal Government is not only interested in remodelling the nation’s airports, but also in building new ones across the country, adding that the safety and comfort of the passengers are “uppermost in our minds.”

    Anyim said the business of aviation is an international one and we would like to follow international best practices in Nigeria. He implored the private sector to collaborate with Federal Government so that they can replicate in other airports what has been done here in Lagos.