The Federal Government has formally handed over the management of Port Harcourt’s Jeremiah Obafemi Awolowo International Airport to a private operator under a concession deal.
Aviation and Aerospace Development Minister Festus Keyamo signed the agreement with Eyo Asuquo, Group Managing Director of PH Airport Limited. The move followed talks between the minister and aviation labour unions.
In a statement released by the minister’s media aide, Tunde Moshood, the government gave clear assurances that the concession would not result in any job losses for aviation workers.
Union leaders, represented by Ben Nnabue, endorsed the arrangement after receiving those guarantees. Nnabue stressed that protecting workers’ jobs and welfare was their top priority and that organised labour would not back any deal that put livelihoods at risk.
Speaking at the signing, Asuquo highlighted Port Harcourt’s strategic position in the Gulf of Guinea. He said the company plans to invest in infrastructure, improve operational standards, and expand economic activity around the airport, with the goal of turning it into a major regional hub for trade, investment, and connectivity.
He added that the firm intends to create more jobs through airport-related development rather than simply taking over existing operations.Before the formal signing, Keyamo held a closed-door meeting with union leaders to address their concerns.
The meeting also included the Director-General of the Nigeria Civil Aviation Authority, the Managing Director of the Federal Airports Authority of Nigeria, ministry directors, and other union representatives.
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