Abuja Gateway Consortium

Abuja Gateway Consortium

Abuja Gateway Consortium

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Description:
Abuja Gateway Consortium (AGC) is a consortium made up by Airline Services Limited (ASL), Nigeria, Asset and Resource Management (ARM), Nigeria, NairaNet Technologies Limited A.G., Nigeria, A.G. Ferrero Ltd., Nigeria and Airport Consulting Vienna GmbH (ACV), Austria.

As a way to ensure development the operations of Nnamdi Azikiwe International Airport, Abuja, was on November 13, 2006, awarded to AGC under a Public Private Partnership arrangement. This model is to be followed for the airports of Port Harcourt International Airport, Enugu, Mallam Aminu Kano International Airport and Lagos during 2007. The contract – that includes investments of about USD371 millions, of which USD50 millions in the first five years – is said to transform the airport to a major business hub in the region.

Final execution of the take-over is to date, August 2008, still pending the ratification of the Federal Government of Nigeria.


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