FG and Bi-Courtney settle dispute as FAAN starts collecting MMA2 fees

Summary

The Federal Government and Bi-Courtney have settled a long-running dispute, allowing FAAN to begin collecting revenue from Murtala Muhammed Airport Terminal Two (MMA2).

Highlights

• Aviation Minister Festus Keyamo said the settlement ends a dispute that had prevented FAAN from earning revenue from MMA2 for years.
• The agreement was formalised in Abuja after the Federal Executive Council approved the settlement framework under President Bola Tinubu’s administration.
• The settlement also covers related lease arrangements for the hotel and conference centre near the airport.
• Keyamo said the deal would let both sides move beyond litigation and operate under a revised contractual framework.