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Nigeria’s government and Bi-Courtney Aviation Services have signed a final concession agreement for Murtala Muhammed Airport Terminal Two in Lagos, according to a Voice of Nigeria report published on 21 October, citing Aviation Minister Festus Keyamo. The settlement follows a dispute lasting more than 18 years and was approved by the Federal Executive Council on 30 April 2026 after negotiations involving the Federal Airports Authority of Nigeria, Bi-Courtney and Stabilini Visinoni.

The minister said both sides would waive historical claims and Bi-Courtney would resume concession-fee payments to FAAN under agreed terms. The agreement clarifies operation of the General Aviation Terminal and allows Bi-Courtney to expand the apron and handle African regional flights subject to capacity. The ministry also said arrangements for a hotel and conference centre would be handled through separate leases; no investment value or delivery schedule was disclosed in the report.