Federal Government and Bi-Courtney Settle 18-Year Dispute

The Federal Government and Bi-Courtney Aviation Services Limited (BASL), which operates the Murtala Muhammed Airport Terminal Two (MMA2) in Lagos, have concluded a dispute lasting over 18 years regarding the concession of the terminal. The new agreement was signed in Abuja by Festus Keyamo, the Minister of Aviation and Aerospace Development, on behalf of the Federal Government, and Dr. Wale Babalakin, the Chairman of BASL.

Keyamo stated that the agreement, approved by President Bola Tinubu, aims to resolve longstanding disagreements and includes a waiver of historical claims by both parties. The Federal Airports Authority of Nigeria (FAAN) will begin receiving concession fees under the original resolution.

The agreement also clarifies the ownership of the General Aviation Terminal (GAT) as a Federal Government property operated by FAAN. A significant provision allows BASL to expand the apron at MMA2 and operate regional flights across Africa, contingent on compliance with regulatory requirements.

Financial terms, including concession fees and payment schedules, were not disclosed.