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MMA2 concession very transparent, says Bi-Courtney

Bi-Courtney Aviation Services Limited, operators of the Murtala Mohammed Airport Domestic Terminal, otherwise known as MMA2 Wednesday debunked insinuation that the concessioning of the facility was shrouded in secrecy.

In a statement Wednesday, the company described as unfortunate the impression being created that the concession did not follow due process.

According to the statement, after a fire incident that destroyed the old Domestic Terminal of the airport in 2000, Federal Airport Authority of Nigeria, FAAN, advertised for a Design, Build, Operate and Transfer, DBOT, concession in two national newspapers.

“The Federal Government conducted a competitive bidding process, which was open to every interested person.

“Sanderton Ventures Ltd won the bid. The failure of Sanderton to deliver after 12 months, led FAAN to invite Bi-Courtney as reserved bidders to take over the project.

“The process was in no way shrouded in secrecy. The draft concession Agreement was prepared by the Ministry of Aviation’s lawyers, along with FAAN.

“From 2001 to 2003, there were extensive negotiations between the parties, subsequent to which the agreement reached was approved by the Federal Executive Council.

“The assertion that the MMA2 concession was not transparent could not be further from the truth. The failure of government from the outset to comply with contractual obligations and arbitration proceedings that were set up by government itself led to several litigations over time.

“This failure has been affirmed by arbitration and in court decisions. This is a sad commentary on the
dispute resolution process in Nigeria.

“It is noteworthy that the original design proposed by FAAN was an unconducive shed which was not even fit as a terminal for cargo operations.

Source: Today Trending News



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