Shortage of funds stalls projects at Lagos and Port Harcourt Int’l Airports

News Express |15th Jun 2015 | 4,508
Shortage of funds stalls projects at Lagos and Port Harcourt Int’l Airports

Permanent Secretary, Ministry of Aviation, Mrs Binta Bello said shortage of funds is stalling modernisation projects at Murtala Mohammed International Airport (MMIA), Lagos, and Port-Harcourt International Airport (PHIA) in Rivers.

Bello told the newsmen on Sunday in Lagos during an inspection tour of some ongoing projects at the Lagos Airport.

The News Agency of Nigeria (NAN) reports that the Federal Government had in September 2013 begun the construction of the facility at the Murtala Mohammed International Airport in Lagos.

Also, Abuja, Port-Harcourt, Kano and Enugu were included in the building of five states of the art terminals.

China’s Exim Bank and Chinese Civil Engineering Construction Company (CCECC) funded the projects and handled the construction at the cost of $500 million and the construction completed in 20 months.

Bello, however, assured the contractors and the public that the projects going on at the two airports presently, would be completed upon release of funds by the Federal Ministry of Finance.

She said that with availability of funds the contractors would deliver the projects before the Buhari administration marks its first 100 days in office.

She explained that her visit to the airport was to enable her see the stages of completion in relation to money spent on them, so far.

Bello expressed satisfaction with the progress of work on the new terminals, saying that the ministry is determined to improve the existing infrastructure at the airports.

She noted that work at the power house of the Lagos Airport was suspended owing to lack of funds to pay the contractor handling the project.

The permanent secretary said: “At the power house of the Lagos Airport, issues arising from funding came up and the fact that the contractor, Messrs Mantrac Nigeria Ltd. had suspended work because it was being owed.

“Consequently, some generating plants were not operating as the contractor insisted on reimbursement before he will return to site.”

Bello said that at the new protocol lounge, almost 80 per cent of the work had been done before the contractor suspended work.

“I was informed that the contractor has suspended work until further payment was made even as contract for the landscaping of the surrounding at the airport is yet to be awarded due to lack of funds. We will look at it and as soon as money is available, contractors will be mobilised to the site,” she stated.

A contractor, Mr Nath Okechukwu, whose firm is handling the construction of the departure and arrival halls of the PHIA, confirmed the development.

Okechukwu further said that the second phase of the project was awarded at the cost of N1.7 billion, adding that the last time the firm received payment for the work was in 2013. (NAN)

•Photo shows MMIA.

Comments

Post Comment

FAAC distributes record N2.22tr to Fed, states, councils

FAAC distributes record N2.22tr to Fed, states, councils

Preparations Intensify For Oba Of Benin’s 9th Coronation Anniversary

Preparations Intensify For Oba Of Benin’s 9th Coronation Anniversary

Firings over reactions to Kirk killing spark free speech debate in the US

Firings over reactions to Kirk killing spark free speech debate in the US

France limits lifetime benefits for former prime ministers

France limits lifetime benefits for former prime ministers

Wild jubilation in Rivers over reinstatement of Fubara by Tinubu

Wild jubilation in Rivers over reinstatement of Fubara by Tinubu

From surpassing Jack Ma to losing $6B: How Popmart billionaire Wang Ning’s fortune skyrockets and then plunges with the Labubu hype

From surpassing Jack Ma to losing $6B: How Popmart billionaire Wang Ning’s fortune skyrockets and then plunges with the Labubu hype

Court restrains NUPENG, truck drivers from disrupting Dangote Refinery

Court restrains NUPENG, truck drivers from disrupting Dangote Refinery

Power couple Jay-Z, Beyoncé have $57M mortgage — are they ‘broke billionaires’ or is something else going on? Moneywise Sun, Sep 14, 2025, 9:11 AM 7 min read  In this articl

Power couple Jay-Z, Beyoncé have $57M mortgage — are they ‘broke billionaires’ or is something else going on? Moneywise Sun, Sep 14, 2025, 9:11 AM 7 min read In this articl

Billionaire businessman who eclipsed Elon Musk as world's richest man held 'advanced talks' over takeover of Premier League club

Billionaire businessman who eclipsed Elon Musk as world's richest man held 'advanced talks' over takeover of Premier League club

ABC to indefinitely halt Jimmy Kimmel Live! after Charlie Kirk remarks

ABC to indefinitely halt Jimmy Kimmel Live! after Charlie Kirk remarks

Cardi B reveals she is expecting a child with NFL player Stefon Diggs

Cardi B reveals she is expecting a child with NFL player Stefon Diggs

Taliban orders ban on internet in northern Afghanistan ‘to prevent immoral activities’

Taliban orders ban on internet in northern Afghanistan ‘to prevent immoral activities’

England striker Harry Kane exploited error-prone Chelsea to score twice in Bayern Munich's 3-1 Champions League win.

England striker Harry Kane exploited error-prone Chelsea to score twice in Bayern Munich's 3-1 Champions League win.

Holders Paris St-Germain made the perfect start to the defence of their Champions League title with an emphatic win against Atalanta.

Holders Paris St-Germain made the perfect start to the defence of their Champions League title with an emphatic win against Atalanta.

Atletico Madrid manager Diego Simeone regrets clashing with Liverpool supporters at the end of their dramatic Champions League opener at Anfield - but says they were sparked by "insults".

Atletico Madrid manager Diego Simeone regrets clashing with Liverpool supporters at the end of their dramatic Champions League opener at Anfield - but says they were sparked by "insults".

King and Trump hail UK-US special relationship in state banquet speech

King and Trump hail UK-US special relationship in state banquet speech

W’Cup Qualifiers: South Africa absent from FIFA sanction list

W’Cup Qualifiers: South Africa absent from FIFA sanction list

Texas billionaire who loves subprime auto loans next to buy NBA team

Texas billionaire who loves subprime auto loans next to buy NBA team

Benue varsity clears promotion backlog, 146 Lecturers get Associate, full Professorship

Benue varsity clears promotion backlog, 146 Lecturers get Associate, full Professorship

Cristiano Ronaldo will play on with Portugal for 'as long as he wants' with Roberto Martinez confident 40-year-old striker can lead the team at 2026 World Cup

Cristiano Ronaldo will play on with Portugal for 'as long as he wants' with Roberto Martinez confident 40-year-old striker can lead the team at 2026 World Cup

Thursday, September 18, 2025 10:50 AM
ADVERTISEMENT

Follow us on

GOCOP Accredited Member

GOCOP Accredited member
logo

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Contact

Adetoun Close, Off College Road, Ogba, Ikeja, Lagos State.
+234(0)8098020976, 07013416146, 08066020976
info@newsexpressngr.com

Find us on

Facebook
Twitter

Copyright NewsExpress Nigeria 2025