FAAN has insisted that BASL lied about the GAT and that the terminal does not breach the concession contract

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FAAN has insisted that BASL lied about the GAT and that the terminal does not breach the concession contract. Bi-Courtney is claiming that FAAN owes it over NGN200 billion for revenues earned from operations of GAT over the past 10 years while FAAN claims that Bi-Courtney owes it NGN2 billion for services rendered to it as entrenched in the concession agreement
List of the country updates

Country updates

  • January 09, 2018

    RFQ launched for unprecedented Nigerian port PPP

    The Federal Government of Nigeria (represented by the Ministry of Transportation/Nigerian Ports Authority) and the Akwa Ibom state government have issued a Request for Qualifications (RFQ) f...

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  • December 28, 2017

    The Federal Government has expressed it is eager to further partner with NISA Premier Hospital on the management of Garki General Hospital

  • December 27, 2017

    Nigeria approves US$2.8 billion gas pipeline PPP

    The Federal Executive Council (FEC) of Nigeria has approved the US$2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project. The 40-inch pipeline will span 614km.

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  • December 19, 2017

    Construction of the breakwater has commenced

  • December 11, 2017

    The Ministry held a meeting to review the Request for Qualifications (RFQ)

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