In order to build an aircraft assembly factory in Zaria, Kaduna State, the Federal Government has decided to spend at least N2,296,897,404 billion.
Hadi Sirika, the minister of aviation, made the announcement on Wednesday during the first Federal Executive Council meeting of 2023, which was presided over by Vice President Yemi Osinbajo.
He disclosed that Messrs. Magnus Centennial Aircraft and Stimulator from Hungary had been given the contract for the assembly of the aircraft.
The assembly facility will start operating before the present government ends, he said, adding that the initiative was in support of changes in the aviation industry.
The contract for the revision and augmentation of the Instrument Landing System (ILS) procurement and installation in the Port Harcourt International Airport, Kano International Airport, and Katsina Airport was also authorised by the Council, according to Sirika.
“This contract was procured earlier and awarded, unfortunately, due to fluctuations in foreign exchange. And of course, the time it took cost of items have increased tremendously. And that’s why we’re back in council, revising it with an additional N546,109,336. 33 with 7.5 percent VAT, an additional completion period for nine months for these airports”.
