Experts fault Tinubu’s ₦100.5bn Yobe airport refund plan

Aviation experts have criticised President Bola Tinubu’s request for legislative approval to reimburse Yobe State ₦100.5 billion for the Muhammadu Buhari International Cargo Airport in Damaturu. Aviation industry experts have criticised the Federal Government’s plan to reimburse Yobe State ₦100.5 billion for the construction of the Muhammadu Buhari International Cargo Airport in Damaturu, questioning the project’s cost, economic...

• Aviation experts have criticised President Bola Tinubu’s request for legislative approval to reimburse Yobe State ₦100.5 billion for the Muhammadu Buhari International Cargo Airport in Damaturu.
• Aviation industry experts have criticised the Federal Government’s plan to reimburse Yobe State ₦100.5 billion for the construction of the Muhammadu Buhari International Cargo Airport in Damaturu, questioning the project’s cost, economic viability and long-term sustainability.President Bola Tinubu this week asked the National Assembly to approve a promissory note programme through the Debt Management Office to settle the proposed reimbursement.
• The Federal Executive Council had approved the Federal Government’s takeover of the state-built airport in May 2023, while the Bureau of Public Procurement subsequently recommended ₦100.5 billion as the amount to be refunded.Aviation analyst Olumide Ohunayo argued that states should conduct realistic traffic projections and economic assessments before embarking on costly airport projects.