FAAN’s operation of GAT halves our revenue – Bi-Courtney

Please follow and like us:

  • 0
  • Share

Maureen Ihua-Maduenyi

The management of Bi-Courtney Aviation Services Limited, operators of the Murtala Muhammed Airport Terminal Two, Lagos, has said that the Federal Airports Authority of Nigeria’s operation of the General Aviation Terminal is depriving it of over 50 per cent of its revenue.

The BASL, in a statement signed by its spokesperson, Mr. Steve Omolale, said on Thursday that the construction and continued operation of the terminal by FAAN was a violation of the concession agreement between it and the Federal Government.

While reacting to the allegation of aviation unions that it owed FAAN N2bn through the non-remittance of fees over the years following the concession, Omolale said the agency and the Federal Government were rather indebted to BASL for an amount now in excess of N200bn and that N132bn out of the sum was confirmed by a court in 2012 in the case of Bi-Courtney Limited vs. Attorney-General of the Federation (FHC/ABJ/CS/50/2009).

He said, “Contrary to the clear provisions of the concession agreement, the coordinating committee set up by the Attorney-General of the Federation and the decision of the court of law, FAAN continues to operate the General Aviation Terminal, which belongs to Bi-Courtney, thus depriving BASL of over 50 per cent of its revenue.

“This is a very poor advertisement for any nation seeking to attract private capital for development. The unions are aware of this position but have chosen to fabricate irresponsible falsehoods in a bid to discredit BASL and mislead the public.”

Omolale added that the unions had challenged the concession agreement in court and lost the case some years ago.

Copyright PUNCH.
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Contact: theeditor@punchng.com

Facebook Comments

Please follow and like us:

  • 0
  • Share

Leave a Reply

Your email address will not be published. Required fields are marked *