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The Federal Government of Nigeria spent ₦8.73 billion on airport power infrastructure in 2024, according to BudgIT’s report as sighted by The Eastern Updates.
The expenditure was primarily to ensure a consistent electricity supply at the new international terminal of the Nnamdi Azikiwe International Airport, Abuja.
This expenditure was highlighted in a report by BudgIT’s GovSpend, sighted by DAILY POST on Wednesday.
Read Also: Tinubu Unapologetic About Fuel Subsidy Removal
According to the report, significant payments were made to J. Marine Logistics Ltd for outsourced power supply. These included N5.67 billion for power supply between March and September 2023, N2.19 billion on 9 May 2024 for services covering October to November 2023 and part of December 2023, and an additional N874.42 million on the same day as part payment for power during that period.
The intervention comes amid incidents of epileptic power supply in the airport.
Reacting to the development, aviation expert Olumide Odunayo lauded the government’s efforts to address these issues but stressed the need for a more sustainable approach.
“The airport should build an alternative power source, probably using a solar system or windmill,” he said.
In other news, President Bola Ahmed Tinubu, speaking on Monday during his inaugural presidential media chat, doubled down on his decision to abolish the fuel subsidy. He asserted that the move, though controversial, was necessary for the economic recalibration of the country and declared he had no regrets about implementing it.
Highlighting the broader implications, the President argued that subsidizing fuel was no longer viable, pointing to its significant economic toll both within Nigeria and across the region.
“I don’t have any regrets removing fuel subsidy,” the President stated.
“We can’t be subsidizing the entire West Africa sub region. Either we slice it in half or bits, we still have to completely remove it.”