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Published June 25, 2026businesseconomylogistics

Reps extend probe of airport, seaport concessions

The House of Representatives has extended its probe into airport and seaport concessions, investigating agreements from 2006-2025 to ensure compliance and

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Akinlayo, who represents Moba/Ilejemeje/Ido Osi Federal Constituency of Ekiti State, disclosed this in an interview with The PUNCH on Wednesday in Abuja. The House of Representatives, in February 2026, inaugurated the ad-hoc committee to investigate all federal airport and seaport concession agreements executed between 2006 and 2025.

The probe is aimed at determining the level of compliance with contractual obligations, assessing revenue remittances to the government, and evaluating the impact of the agreements on infrastructure development across the country’s aviation and maritime sectors.

He said, “We are almost done with terminal operators. We still have the shipping companies and airports remaining.” Related News Dangote denies claims marketers re-import fuel via Togo Abduction crisis: Oyo begs NUT to end school shutdown Troops foil Sokoto abduction bid, govt dismisses Turji threat According to the lawmaker, the panel is currently reviewing submissions and engagements involving terminal operators before proceeding to the next phase of the investigation, which will focus on shipping companies and airport concession arrangements.

While declining to give a specific date for the submission of the committee’s report, he expressed confidence that the probe would be concluded within the next few months. “In two months from now, we should be done with our investigation,” he added. The committee is expected to resume its activities when the House reconvenes from its legislative break on July 7.

The committee is also engaging major private sector operators and concessionaires, including Dangote Group, APM Terminals, and construction firm Julius Berger Nigeria Plc, among others. The outcome of the investigation is expected to provide lawmakers with a comprehensive assessment of nearly two decades of concession agreements and recommendations aimed at strengthening transparency, accountability, and value for money in the management of critical transport infrastructure.

The House of Representatives, in February 2026, inaugurated the ad-hoc committee to investigate all federal airport and seaport concession agreements executed between 2006 and 2025. The probe is aimed at determining the level of compliance with contractual obligations, assessing revenue remittances to the government, and evaluating the impact of the agreements on infrastructure development across the country’s aviation and maritime sectors.

Providing an update on the progress of the exercise, Akinlayo said the committee had made significant headway and was close to concluding the first phase of its assignment. He said, “We are almost done with terminal operators. We still have the shipping companies and airports remaining.” Related News Dangote denies claims marketers re-import fuel via Togo Abduction crisis: Oyo begs NUT to end school shutdown Troops foil Sokoto abduction bid, govt dismisses Turji threat According to the lawmaker, the panel is currently reviewing submissions and engagements involving terminal operators before proceeding to the next phase of the investigation, which will focus on shipping companies and airport concession arrangements.

According to the lawmaker, the panel is currently reviewing submissions and engagements involving terminal operators before proceeding to the next phase of the investigation, which will focus on shipping companies and airport concession arrangements. While declining to give a specific date for the submission of the committee’s report, he expressed confidence that the probe would be concluded within the next few months.

Among the agencies involved in the probe are the Nigerian Ports Authority, Infrastructure Concession Regulatory Commission, Nigerian Upstream Petroleum Regulatory Commission, Nigeria Customs Service, Nigerian Shippers’ Council, and the Nigerian Maritime Administration and Safety Agency.

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Reps extend probe of airport, seaport concessions

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Document: Punch Nigeria Business RSS · Source: Punch Nigeria Business RSS

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