Business A.M
No Result
View All Result
Wednesday, March 4, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Business Traveller/Hospitality

Idu tasks aviation ministry on airport land use assessment

by Onome Amuge
July 21, 2025
in Business Traveller/Hospitality
Idu tasks aviation ministry on airport land use assessment

Sade Williams/Business a.m.

The Ministry of Aviation and Aerospace Development has been tasked to conduct a comprehensive land-use assessment that will identify land-use cases that can free up airport land.

Fortune Idu, chairman, FCI  International, who made the call recently in a speech at the 2025 Aviation Business Summit and Expo (ABSE), said the assessment will inform the conclusion of the airport master plan and halt the reckless acquisition of airport land by individuals, corporate organisations and government agencies.

He decried the concentration of fuel depot at every space at the airport, saying rather than generate additional revenue for the airport, it does introduce additional risk and space constraints.

Idu raised alarm over the deterioration of the airports’ land infrastructure and the unplanned partition and allocation of federal airports’ space.

“It is unfortunate to note that the federal airports have more tanker farms and fuel contractors than the aircraft and airlines operating in the country, and one wonders why.

“It is also sad that many government agencies are acquiring prime airport locations and spreading structures all over the airport space, creating clusters and congestion that gives the impression that the airport is full. This is one of the biggest threats to airport development, future expansion, business, and value to the nation,” he noted.

According to Idu, the airport’s gestating period is 25 years, and those who see empty airport lands should not consider it available land, adding that the future of the airport and the prosperity of the state depend on the available land.

He remarked that airports are special economic zones stressing that the development, financial structure and process cannot be spontaneous but needs planning, preconceived and programmed.

Idu, who noted the theme of this year’s summit ‘Investment Opportunities in Airport Public-Private Partnerships’, said ‘airports’ are an essential national infrastructure that can significantly boost economic development by providing fast mobility links for people and cargo, especially in a vast country like Nigeria.

He noted that sustaining the development and operation of these airports goes beyond the initial intention to build them.

“With the establishment of over 30 airports in Nigeria today, the viability of airports ensures sustainable and secure air service operations to destinations, promoting connectivity which requires adequate funding for the airports.

He said the airport business summit aims to gather information and contributions on investment opportunities and help initiate campaigns for airport financing through various options, including airport development grants, government infrastructure funding, private equity contributions, and private sector partnerships.

Onome Amuge

Onome Amuge serves as online editor of Business A.M, bringing over a decade of journalism experience as a content writer and business news reporter specialising in analytical and engaging reporting. You can reach him via Facebook and X

Previous Post

PenCom caution employers,PFAs against coercion in RSA transfers

Next Post

Dangote bets big on LNG dominance with ambitious Olokola project

Next Post
Dangote bets big on LNG dominance with ambitious Olokola project

Dangote bets big on LNG dominance with ambitious Olokola project

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

PalmPay marks International Women’s Day 2026 with ‘Purple Woman 3.0’ tech masterclass

PalmPay marks International Women’s Day 2026 with ‘Purple Woman 3.0’ tech masterclass

March 3, 2026
MDA reports expose Tinubu’s 3-year shambolic budgeting 

MDA reports expose Tinubu’s 3-year shambolic budgeting 

March 3, 2026
Nigeria secures $500m gas financing in fresh bid to unlock reserves

Gas supply uncertainty raises fresh risks for power investors

March 3, 2026
N5trn wasted: Nigeria’s production value bleeds as post-harvest losses deepen food crises 

N5trn wasted: Nigeria’s production value bleeds as post-harvest losses deepen food crises 

March 3, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Google, global partners roll out new standard for AI-powered payments

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

PalmPay marks International Women’s Day 2026 with ‘Purple Woman 3.0’ tech masterclass

PalmPay marks International Women’s Day 2026 with ‘Purple Woman 3.0’ tech masterclass

March 3, 2026
MDA reports expose Tinubu’s 3-year shambolic budgeting 

MDA reports expose Tinubu’s 3-year shambolic budgeting 

March 3, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M