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Bi-Courtney demands N200b over breach of contract in Lagos airport operations

By Wole Oyebade and Samuel Ifetoye   |   08 May 2017   |   4:28 am  

Director, The Resort Group, Biodun Layonu (SAN); Vice Chairman, Kola Akinbami; Chairman, Wale Babalakin (SAN) and Chief Executive Officer, Bi-Courtney Aviation Services Limited (BASL), a subsidiary of group, Jari Williams, during the Murtala Muhammed Airport Terminal Two (MMA2) 10th anniversary press conference in Lagos… yesterday.

Firm commends aviation services operator at 10

Bi-Courtney Aviation Services Limited (BASL) yesterday demanded the payment of N200 billion court-grant, as compensation for breach of contract in the Murtala Muhammed Airport II (MMA2) concession agreement.

Bi-Courtney, the current owner and operator of the Murtala Muhammed Airport Terminal Two Lagos (MMA2), said obedience to court ruling on the matter would rekindle confidence among private investors ahead of planned concession of 22 airports nationwide.

Chairman of Resort Group, the parent body of BASL, Dr. Wale Babalakin, said the terminal that had been in dispute between the concessionaire and the Federal Airports Authority of Nigeria (FAAN), had consistently been awarded in favour of Bi-Courtney, with the court awarding N132 billion as damages in 2012.

Babalakin, who stated this at the commemoration of the 10th-year anniversary of MMA2 yesterday, said FG/FAAN failed to pay the damages and has till date accumulated to N200 billion with the continuous running of illegal flight services at the General Aviation Terminal (GAT).

He said: “We are seeking the assistance of all and sundry for the payment of the N200 billion owed to Bi-Courtney Services by the Federal Government of Nigeria. As far back as 2012, the Federal High Court awarded damages of N132 billion to Bi-Courtney.

“Six appeals against the judgment in the Court of Appeal have been dismissed. Even the appeal to the Supreme Court by Arik Airlines through Ojemaie Holdings was also dismissed. No nation can truly achieve its potential if it treats its dynamic citizens this way,” Babalakin said.

However, a key and leading logistic company in Nigeria, GWX, has lauded the board, management and members of staff of BASL for successfully managing the world-class facility in line with global best practice in the past 10 years.

MMA2, operated under the Public-Private Partnership concession agreement between the Federal Government and BASL, a member of The Resort Group, is the first successful privately-funded Design, Build, Operate and Transfer (DBOT) airport terminal in Nigeria.



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