The federal government has approved a contract for the replacement of Aviation Operations (AvO) at the cost of N12,097,215,800.09. This was made known to the media by the Minister of Aviation, Hadi Sirika, after yesterday’s Federal Executive Council( FEC) meeting.
According to Sirika, “So, today in Council, a memo was presented by us in aviation. And the amount of the contract to be awarded whose purpose is to replace our AVO bridges is N12,097,215,800.09, which is for 12 months and it will include 7.5% VAT.
“This contract is not only for supplying but it’s also for installation and maintenance, including spare parts and is awarded to a company called Gulf of Africa International Limited.
“This has been taken by the council and approved and to say that this is part of all that we’ve been doing to reactivate the failing infrastructure within the country. And of course, Lagos being the major airport in the country, this will make passenger facilitation easier, safer and of course, it will add value and create more efficiency within the system of that particular airport. And that this is also an ongoing programme for all of our failed airports.”