From Allafrica · · 1m 10s
Nigeria Ends 18-Year Airport Dispute
Nigeria's government and Bi-Courtney Aviation Services resolve 18-year airport concession dispute with new agreement.
In brief
Nigeria's government and Bi-Courtney Aviation Services resolve 18-year airport concession dispute with new agreement. Nigeria's federal government and Bi-Courtney Aviation Services signed a new agreement to end an 18-year dispute over the Murtala Muhammed Airport Terminal Two concession. Originally reported by…
Government and BASL End Dispute
The Federal Government and Bi-Courtney Aviation Services Limited have ended their 18-year dispute over the Murtala Muhammed Airport Terminal Two concession.
New Agreement Signed
The agreement was signed by the Minister of Aviation and Aerospace Development, Festus Keyamo, and BASL Chairman, Dr. Wale Babalakin, in Abuja.
President Approves Settlement
President Bola Tinubu approved the final framework for the settlement, which waives historical claims by both parties.
Concession Fees Clarified
The Federal Airports Authority of Nigeria will begin receiving concession fees due under the original resolution.
GAT Ownership Clarified
The General Aviation Terminal is recognised as Federal Government property operated by FAAN.
Bi-Courtney Expansion Rights
Bi-Courtney can expand the apron at MMA2 and operate regional flights across Africa, subject to full operational capacity and regulatory compliance.
Here's the gist
Nigeria's federal government and Bi-Courtney Aviation Services signed a new agreement to end an 18-year dispute over the Murtala Muhammed Airport Terminal Two concession.
