FG signs Port Harcourt airport concession as unions secure job assurances

By —

The Federal Government has signed a concession agreement with PH Airport Limited to manage the Port Harcourt International Airport. Aviation unions have endorsed the deal after receiving assurances that no aviation worker will lose a job because of the concession.

The agreement covers the Jeremiah Obafemi Awolowo International Airport in Port Harcourt. It was signed at the office of the Minister of Aviation and Aerospace Development, Festus Keyamo, who led the government delegation. The concessionaire was represented by its Group Managing Director, Eyo Asuquo.

Aviation stakeholders at signing

The signing ceremony was attended by key aviation stakeholders. They include the Director-General of the Nigeria Civil Aviation Authority, NCAA, Capt. Chris Najomo; the Managing Director of the Federal Airports Authority of Nigeria, FAAN, Olubunmi Kuku; ministry directors and aviation union leaders.

Unions back deal after job assurance

Speaking for the unions, National Union of Air Transport Employees, NUATE, President Ben Nnabue expressed support for the agreement. He explained that organised labour endorsed the arrangement after receiving assurances that no aviation worker would lose a job because of the concession. Nnabue said protecting workers' employment remained a major priority for the unions. He added that the assurances from the government and the concessionaire influenced their decision to support the deal.

Concessionaire promises upgrades, jobs

Asuquo highlighted Port Harcourt's strategic position in the aviation and economic activities of the Gulf of Guinea. He described the airport as an important gateway with significant potential to promote regional trade, investment and connectivity. The PH Airport Limited chief executive pledged to improve the facility through infrastructure investments, better operational standards and expanded economic activities. He also assured stakeholders that the concession would generate additional employment opportunities rather than result in job losses. According to him, the company's vision extends beyond managing the airport to driving broader economic development, attracting investments and creating more jobs through increased airport-related activities.

Keyamo presided over the formal execution of the concession agreement. The deal was subsequently endorsed by the concessionaire and relevant ministry officials. The signing marked the completion of the formal agreement process between the Federal Government and PH Airport Limited.

AD Naija Life Game — earn money and grow your business

You can earn money on Naija Life Game and use it to advertise your business and services. Showcase what you offer and connect with potential customers.

Earn money Advertise your business Promote your services Connect with customers

Earn money. Get noticed. Grow your business with Naija Life Game.

Visit Naija Life Game

Forex News

Barcelona raises €300m more as Spotify Camp Nou costs hit €1.8bn
ABOKI FOREX
NELFUND pays N135.54m to 1,298 students, records 8,397 loan applications in one day
ABOKI FOREX
FG warns Nigerians over Addis Ababa altitude risks after 16 deaths
ABOKI FOREX
Dangote Proposes 500,000 Tonne Cocoa Processing Deal With Ghana
ABOKI FOREX
NERC’s ₦30bn Free Prepaid Meter Plan: What Band A, Band B Customers Should Know
ABOKI FOREX
40% of Nigerian breadmakers shut down in two years as energy costs bite
ABOKI FOREX
FG opens N4bn 3MTT funding applications as Cohort 5 deadline nears
ABOKI FOREX
Cooking Gas Hits N1,800/kg in Abuja as Lagos and Ogun Prices Climb
ABOKI FOREX
FG signs Port Harcourt airport concession as unions secure job assurances
ABOKI FOREX
DStv to phase out 10 older decoder models by September 2027, no Nigerian deadline yet
ABOKI FOREX