"Nigeria to privatize airports, aviation agencies"

Thursday, March 17, 2005

Nigeria to privatize airports, aviation agencies
China - Xinhua


ABUJA, (Xinhua) -- The Nigerian government has commenced privatizing the
country's airports and other aviation agencies to improve work efficiency
and service, Aviation Minister Isa Yuguda said here Thursday. 

According to the minister, the government has established the Aviation
Sector Reform Implementation Committee made up of 15 leading officials to
work out modalities for the privatization exercise. 

Inaugurating the committee in the capital Abuja, Yuguda said the government
decided to privatize airports and aviation agencies with a view of
sustainable development of the sector. 

He said the committee would, among others, advice the National Council on
Privatization on policies and programs to promote competition, efficiency
and transparency in the restructuring and privatization of the sector. 

"It will also formulate proposals for attracting private financing and
investment in the aviation sector as well as the reformation of the sector
to improve efficiency and quality of aviation services in the country," he
noted. 

He also said that the committee would carry out the privatization of the
Federal Airports Authority of Nigeria and the Nigerian Aviation Handling
Company as well as the agencies of the defunct Nigerian Airways. 

The privatization exercise is scheduled to be completed by the end of this
year, he added. 

Nigeria has 20 airports, including four international airports in the
capital Abuja in central Nigeria, the nation's commercial capital Lagos in
the southwest and two leading industrial cities of Kano in the north and
Port Harcourt in the southeast.


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