https://thestreetjournal.org/fg-approves-n3-04bn-for-installation-of-taxi-lighting-systems-in-lagos-abuja-port-harcourt-airports/

The federal government has approved the sum of N3.04 billion for the procurement and installation of a taxi lighting system and photometric pattern for the airports in Port Harcourt, Lagos, and Abuja.

This development was made known by Hadi Sirika, minister of aviation, after the weekly Federal Executive Council (FEC) meeting on Monday, May 15.

Sirika said that the council also approved funds for the provision of equipment in airports all over the country.

The minister also noted that the aviation leasing company has been established and approved by the council.

He said that, “So, entrepreneurs and civil aviation will have access to lease equipment at affordable rates within our country, and this is part of our roadmap.

“The roadmap is gradually coming to 100 percent completion.

“I am glad to see that the full business case has been approved by the FEC.

“A second memo was also for the award of contract for the procurement, and installation of taxi lighting system, and photometric pattern for Port Harcourt, Lagos, Abuja, and some other equipments all over the country.

“In this contract, the total sum for the photometric and taxi lighting system for the airports mentioned is N3,047,127,022.72, with seven and half percent VAT and 12 months completion period.

“The contractor is Messrs KSR3 Global Nigeria Limited,” Sirika added.

The minister also reiterated the resolve of the President Muhammadu Buhari-led administration to ensure that Nigeria Air, the proposed national airline, flies before May 29.

In addition, Demola Adegiroye, minister of state for transportation, said that the council approved the sum of N1.3 billion for the procurement of furniture for the newly acquired headquarters of the Nigeria Maritime Administration and Security Agency (NIMASA) in Lagos state.

Very funny lots.