Organised Labour Furious, Set To Battle FG Over Concession Plan Of China Loan-Remodelled Airports

President of Nigeria Labour Congress(NLC), Ayuba Wabba has said the labour will resist plans by the Federal Government to concession 4 airports newly remodelled from the $1billion loan it received from China.

No to concessioning of our airports

The labour union leader threatened the showdown against the FG when he received members of 4 Media Chapels of the Nigeria Union of Journalists (NUJ) in his office on Thursday in Abuja.

Wabba disclosed that he has it on good authorities that the FG has concluded plans to concession 4 Nigeria’s airports remodelled with the Loan from China.

The Murtala Muhammed International Airport in Lagos, which accounts for over 60% of international flights in Nigeria is believed to be on the list of airports to be concessioned.

Others are Mallam Aminu Kano Airport; Port Harcourt International Airport and the Nnamdi Azikiwe International Airport, Abuja, are up for the planned concession to private managers.

The NLC considered the move to be suspicious; wondering the rational behind the idea of trading off the airports it borrowed loans to put back in shape with 25 years warranty on the airport facilities

He said under the planned concession 60% is ceded to the concessioner; leaving the Federal Aviation Authority of Nigeria(FAAN) with the remaining 40℅ out of which it is expected to service the loan from China and pay workers’ salaries.

The NLC boss lamented that a similar arrangement was used to trade off the MM2 Airport in Ikeja which has now resulted into a bitter litigation and perpetual injunction ceding the asset to the concessioner.

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