FG resolves 20-year MM2 dispute, approves aircraft leasing firm - Keyamo

Author: Henry OduahPublished on: April 30, 2026Country: Nigeria

PoliticsBusiness & Economy

FG resolves 20-year MM2 dispute, approves aircraft leasing firm - Keyamo

Minister of Aviation and Aerospace Development, Festus Keyamo, announced that the Federal Executive Council has approved the resolution of the long-standing concession dispute surrounding the Murtala Muhammed Airport Terminal Two (MM2) in Lagos. This dispute, which lasted over 20 years, was settled with Bi-Courtney Aviation Services Limited, which agreed to waive a claim of 132 billion Naira. Additionally, a Nigerian aircraft leasing company has been established to support local airlines.

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