Federal Government appoints transaction advisers for national Carrier and Airports

   

   Federal Government has approved the appointment of transaction advisers for the proposed national carrier and concession of the nation’s airports.

    This was one of the decisions reached at a meeting of the Federal Executive Council presided over yesterday by Vice-President Yemi Osinbajo .

   The Minister of State for Aviation, Hadi Sirika, told newsmen at the end of the meeting that shortly after the inauguration of ministers, the government started work on its road map for the aviation sector.

   He said since most of the programmes and projects were supposed to be on Public-Private Partnership basis, the government was guided by the Infrastructure Concession Regulatory Commission’s regulations.

   The Minister of Power, Works and Housing, Babatunde Fashola, said the council approved the contract for the Odukpani Itu-Ikot Ekpene road linking Akwa Ibom and Cross River states.

   With the approval, he said the government expected that all the problems associated with that road, which was constructed over 40 years ago, would be resolved.