Airports as ready made tools for fleecing public funds | The

Airports as ready made tools for fleecing public funds | The Guardian Nigeria News - Nigeria and World NewsSunday Magazine — The Guardian Nigeria News – Nigeria and World News


Proposed MKO Abiola Airport in Osun State
The Federal Government is warming up to the prospect of 10 new airports to add to the 26 that are dotting the landscape. Despite the vicissitudes wrought on the nation by the COVID-19 pandemic and paucity of funds, some states’ governors too are nursing an appetite to binge on this high-capital venture. WOLE OYEBADE writes that the economies of aviation business and cargo services would not favour white elephants, which always get abandoned mid-way, or end up as giveaways to the Federal Airport Authority of Nigeria (FAAN) as bad debt. Stakeholders reckon that in place of new self-serving ventures, the existing facilities should be optimised through good infrastructure, road and rail networks for the private sector to explore profitably.

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