FG Concludes Port Harcourt Airport Concession Deal

The federal government signed a concession agreement for the Jeremiah Obafemi Awolowo International Airport in Port Harcourt with PH Airport Limited. The agreement was signed by the Minister of Aviation and Aerospace Development, Festus Keyamo, and Eyo Asuquo, the group managing director of PH Airport Limited.

During a meeting with aviation labor union leaders, concerns regarding job security were addressed, leading to the unions' endorsement of the agreement. Comrade Ben Nnabue, representing the unions, confirmed that no aviation worker would lose their job due to the concession.

Asuquo emphasized the airport's strategic position in the Gulf of Guinea and the potential for increased investment and job creation. The signing ceremony included key stakeholders such as Capt. Chris Najomo, Director-General of the Nigeria Civil Aviation Authority, and Mrs. Olubunmi Kuku, Managing Director of the Federal Airports Authority of Nigeria.

This concession is part of the government's broader strategy to attract private-sector investment in airport infrastructure.