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HomeFinance, MoneyBuhari inaugurates $600m Port Harcourt airport terminal

Buhari inaugurates $600m Port Harcourt airport terminal

President Muhammadu Buhari has inaugurated the 600 million dollars new international terminal at Port Harcourt International Airport funded by China Export Import Bank loan and Nigerian government.
The terminal building is one of the four which include Abuja, Kano and Lagos being constructed by China Civil Engineering and Construction Company (CCECC).
Buhari said the new international terminal would address the increasing international air travel needs of the country, adding that the increase in population had also added impetus.
He said that since the existing terminals in all the major airports in the country were opened in late 1970s and early 1980s, not much had been done to increase their handling capacities by successive administrations.
The president said that the completion of the project was in line with his administration’s commitment to completing all ongoing projects initiated by his predecessors in the transport sector.
“I am very pleased to formally commission the new international terminal of the port Harcourt Airport, Omagwa today. This ceremony represents a significant land mark for international air travellers especially from the South-South region and the entire country.
“You will recall that after the opening of the major airport terminals in the country in the late 70s and early 1980s, not too much was added to increase the passenger handling capacity by successive administrations.
“Following the large increase in number of passengers and air passenger travel, the terminal became grossly inadequate to cater for the on increasing passenger travel.
Buhari said the construction of four international terminals in Abuja, Lagos, Port Harcourt and Kano were embarked upon by the federal government with a view to modernising the aging airport infrastructure, maintaining the global aviation standard and improved service delivery in tandem with international best practices.
He expressed confidence that the new terminal would help to enhance the economic activities in the state and commended the people for their patience during the construction period.
On his part, Governor Nyesom wike of Rivers State, said the Rivers people and the entire Niger Delta region were happy that the project was completed and inaugurated. 
According to Wike, what has happened today shows that the state is safe for people to come and invest.
He said the state governments was ready to partner the federal government to develop transport infrastructure in the state. Wike commended the Federal government for the completion of the new terminal building.
The Minister of State for Aviation, Sen. Hadi Sirika, said the project was executive through partnership with the Chinese government involving 500 million dollar loan from Chen Exim Bank and 100 million dollars counterpart funding from Nigerian government.
Sirika said the airport had the capacity to process seven million passengers annually, bigger than what the whole Ghana could process annually.
He said the project was expected to be delivered within a period of 2 years, adding that as at the lime the current administration came on board, the level of work was below 30 per cent.
He added that the project was also bedeviled with various technical challenges which included foundation design change, inaccessibility to apron, inadequate apron, master plan distortion, water and sewage provision, litigation and inadequate power supply.
According to him, the administration has achieved milestone in the implementation of its aviation road map.

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