FEC approves N10.5 billion for Airport Management Solution for Lagos, 4 other international airports

The FEC approved the sum of N10.5 billion to supply Airport Management Solution to Nigerian international airports.

The Federal Executive Council (FEC) approved the sum of N10.5 billion to supply Airport Management Solution to Nigerian international airports at Lagos, Abuja, Kano, Port Harcourt and Enugu.

This was disclosed by the Minister of Aviation, Hadi Sirika at the end of the Council meeting, chaired by Vice-President Yemi Osinbajo in Abuja on Wednesday. The Minister disclosed that the project would be completed in 12 months and subject to 7.5% Value Added Tax (VAT).

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“Today in Council, the Ministry of Aviation had a memorandum that was approved and this is a contract for the provision of Airport Management Solution for the international airports of Abuja, and that of Lagos and Kano, Port Harcourt and Enugu. It is awarded in the sum of N10,594,057,618.20,” Mr Sirika said.

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