FG Signs Airport Concession Deal with PH Airport Limited

The Federal Government has signed a concession agreement for the Jeremiah Obafemi Awolowo International Airport in Port Harcourt with PH Airport Limited. The agreement was signed by Festus Keyamo, the Minister of Aviation and Aerospace Development, and Eyo Asuquo, the Group Managing Director of PH Airport Limited.

This arrangement was made after consultations with aviation labor unions, led by Ben Nnabue, who assured that no aviation worker would lose their job due to the concession. Nnabue emphasized that workers' welfare and job security were central to their endorsement of the agreement.

Asuquo highlighted the strategic location of Port Harcourt in the Gulf of Guinea, stating that it could transform the airport into a major gateway for regional commerce and investment. Keyamo had previously met with aviation union leaders to address their concerns regarding the concession process.

The meeting included Chris Najomo, the Director-General of the Nigeria Civil Aviation Authority, and Olubunmi Kuku, the Managing Director of the Federal Airports Authority of Nigeria.