Nigeria Resolves 18-Year Aviation Dispute with N132bn Settlement

In October 2026, Aviation Minister Festus Keyamo facilitated a negotiated settlement between the Federal Government and Bi-Courtney Aviation Services Limited, waiving approximately N132 billion in claims. This resolution ended an 18-year dispute over infrastructure development.

On October 20, 2026, Aviation and Aerospace Development Minister Festus Keyamo made a public gesture before journalists and aviation stakeholders in Abuja, signaling the conclusion of a long-standing disagreement. Dr Wale Babalakin, chairman of Bi-Courtney Aviation Services Limited, was present during the event.

The agreements signed during the event aimed to resolve the nearly two-decade dispute surrounding Murtala Muhammed Airport Terminal Two (MMA2), Lagos. The settlement marks a significant milestone in Nigeria's aviation sector development.