The Federal Government has officially signed the concession agreement for Akanu Ibiam International Airport, Enugu, marking a major step in its ongoing effort to modernise Nigeria’s aviation sector through public-private partnerships.
The agreement was signed on Wednesday at the Ministry of Aviation and Aerospace Development in Abuja by the Minister of Aviation and Aerospace Development, Mr Festus Keyamo, SAN.
This development was confirmed in a statement released on Friday, January 23, by Mr Tunde Moshood, Special Adviser on Media and Communications to the minister.
The signing ceremony saw the participation of officials from the Enugu State Government and representatives of Aero Alliance, the concessionaire. Leading the Enugu State delegation was the Commissioner for Transport, Dr Obi Ozor, while the Aero Alliance team included Engr Chuks Aniekwe, Barrister Oyiwodu Okibe-Oga, Onyedikachi Nwachukwu, Kester Enwereonu, and Barrister Michael Nwaechie of Ivy Solicitors.
Also in attendance were the Permanent Secretary of the Ministry of Aviation and Aerospace Development, Dr Yakubu Adams Kofarmata; the Managing Director and CEO of the Federal Airports Authority of Nigeria, Mrs Olubunmi Kuku; FAAN’s Director of Legal Services, Mrs Bridget Iwinose Gold; along with other senior officials of the ministry and FAAN.
At the event, Keyamo described the signing as the culmination of a long and transparent process spanning several years.
“Today marks the end of a very long and tedious process regarding the concession of the Enugu Airport. The process culminated on July 31, 2025, when the Federal Executive Council approved the proposal to concession the Enugu Airport, subject to contract,” he said.
The minister highlighted that extensive negotiations followed the approval, including consultations with aviation unions to safeguard workers’ welfare.
“We entered into these agreements with the rights and privileges of workers uppermost in our minds. I want to state clearly that we have fully respected and preserved the rights of aviation workers. They have not been retrenched, their terms and conditions of employment remain unchanged, and they continue as employees of the Federal Government and FAAN,” Keyamo stated.
He reiterated that job security and staff welfare were central to the concession framework.
“The workers have not been short-changed in any way. Their jobs are safe and protected. Having addressed workers’ rights, we proceeded to resolve other critical issues and covered virtually all areas before signing this agreement,” he added.
Keyamo also noted that while the main concession agreement has been finalised, two operational matters—security charges and the airport’s financial model—would be addressed in the coming weeks to ensure smooth implementation.
“There are two outstanding issues relating to the operationalisation of the agreement, namely security charges and the financial model of the airport. These will be resolved in the next few weeks. However, as far as the main concession is concerned, the Federal Government has agreed to concession the Enugu Airport to Aero Alliance,” he said.
