Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    DMO Hikes Rates on Bonds to Meet N1.2trn Borrowing Target

    June 22, 2026

    S&P 500 Declines as SpaceX, Alphabet, Meta Slide

    June 22, 2026

    Rates Top 20% as CBN Sells N2.7trn in OMO Bills to Investors

    June 22, 2026
    Facebook X (Twitter) Instagram
    Trending
    • DMO Hikes Rates on Bonds to Meet N1.2trn Borrowing Target
    • S&P 500 Declines as SpaceX, Alphabet, Meta Slide
    • Rates Top 20% as CBN Sells N2.7trn in OMO Bills to Investors
    • DeXe Price Climbs by 28% on Explosive Trading Volume
    • Naira Gains as Nigeria’s Foreign Reserves Top $51 Billion
    • GTCO, Zenith Bank Drive N1.52trn Gain in Nigerian Exchange
    • Ethereum Price Rises as Morgan Stanley Files Low-Fee Spot ETF
    • Bank of England Launches Stablecoin Rules for UK Users
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Tuesday, June 23
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » FEC Approves PH Airport Concession, Biometric Checks at Terminals

    FEC Approves PH Airport Concession, Biometric Checks at Terminals

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiNovember 7, 2025Updated:November 7, 2025 News No Comments3 Mins Read
    FEC Approves PH Airport Concession, Biometric Checks at Terminals
    Festus Keyamo, Minister of Aviation and Aerospace Development
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    FEC Approves PH Airport Concession, Biometric Checks at Terminals

    ‎ The Federal Executive Council (FEC) has approved a series of key aviation projects, including the concession of Port Harcourt International Airport and the introduction of biometric verification systems across Nigerian airports.

    ‎Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this while briefing State House correspondents after the FEC meeting presided over by President Bola Tinubu at the Presidential Villa, Abuja.

    Keyamo said eight memos from his ministry were considered and approved, covering airport management, infrastructure, safety, and modernisation initiatives. He said one of the approvals was for contracts to provide maintenance and support services for airport management solutions at Nigeria’s five international airports — Abuja, Lagos, Kano, Port Harcourt, and Enugu.

    ‎“These are firms that have been maintaining our airport management systems effectively over the years, and the Council approved their continued engagement,” he said.

    ‎The minister also announced the procurement and installation of advanced tertiary power systems and 14 VHF remote stations by the Nigerian Airspace Management Agency (NAMA) to improve navigational safety.

    ‎“We also got approval to purchase 15 airport rescue and firefighting vehicles to meet International Civil Aviation Organisation (ICAO) standards at our international airports,” Keyamo said.

    He further disclosed that the Council approved the exclusion of all Federal Airports Authority of Nigeria (FAAN) residential and operational properties within and around airport premises from sale to private individuals.

    ‎“Properties within airport security and safety zones are now officially excluded from disposal. Those who claimed to have bought such properties should take note, we will not concede them,” the minister stated.

    On infrastructure, Keyamo said approval was granted for the construction of a permanent headquarters for NAMA in Abuja, following the agency’s relocation from Lagos.

    ‎“NAMA currently operates from rented facilities, which poses security risks. We will now have a permanent and purpose-built headquarters in Abuja,” he said.

    ‎He added that FEC approved the full business case for the concession of Port Harcourt International Airport to private investors, noting increased investor interest since the Tinubu administration took office.

    ‎“In the past, no major investor showed interest in Port Harcourt Airport. Now, over six credible firms are competing for it. This shows growing confidence in the Nigerian economy,” Keyamo said.

    ‎

    ‎He assured aviation workers that no jobs would be lost under the new concession arrangement. “We will engage the unions fully. No worker will lose their job as a result of the concession process. The goal is efficiency, not retrenchment,” he emphasised.

    ‎Keyamo also said the Council approved the concession of biometric verification systems at all airports to enhance passenger identification and security. “The system will link passengers’ National Identification Numbers (NIN) to airport databases to verify their identities during travel. It’s part of our ICAO-aligned safety reforms,” he said.

    ‎He further disclosed plans to upgrade airport lighting systems to extend night operations and boost airline productivity. “Some airports close by 6.00 p.m. due to poor lighting. We’re installing new airfield lighting systems to enable night flights and improve revenue for local carriers,” the minister said.

    ‎Keyamo reaffirmed the administration’s commitment to modernising Nigeria’s aviation infrastructure and making the sector globally competitive. Fidelity Bank: Analysts See 84% Upside on New Target Price

    PH Airport
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    DMO Hikes Rates on Bonds to Meet N1.2trn Borrowing Target

    S&P 500 Declines as SpaceX, Alphabet, Meta Slide

    Rates Top 20% as CBN Sells N2.7trn in OMO Bills to Investors

    DeXe Price Climbs by 28% on Explosive Trading Volume

    Naira Gains as Nigeria’s Foreign Reserves Top $51 Billion

    GTCO, Zenith Bank Drive N1.52trn Gain in Nigerian Exchange

    Add A Comment

    Comments are closed.

    Editors Picks

    DMO Hikes Rates on Bonds to Meet N1.2trn Borrowing Target

    June 22, 2026

    S&P 500 Declines as SpaceX, Alphabet, Meta Slide

    June 22, 2026

    Rates Top 20% as CBN Sells N2.7trn in OMO Bills to Investors

    June 22, 2026

    DeXe Price Climbs by 28% on Explosive Trading Volume

    June 22, 2026

    Naira Gains as Nigeria’s Foreign Reserves Top $51 Billion

    June 22, 2026
    Latest Posts

    DMO Hikes Rates on Bonds to Meet N1.2trn Borrowing Target

    June 22, 2026

    S&P 500 Declines as SpaceX, Alphabet, Meta Slide

    June 22, 2026

    Rates Top 20% as CBN Sells N2.7trn in OMO Bills to Investors

    June 22, 2026

    DeXe Price Climbs by 28% on Explosive Trading Volume

    June 22, 2026

    Naira Gains as Nigeria’s Foreign Reserves Top $51 Billion

    June 22, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.