PARTNERSHIPS

UBA GMD Calls For Public-Private Collaboration

Managing Director/Chief Executive, Federal Airports Authority (FAAN), Oluwabunmi Oluwaseun Kuku; The Minister of Aviation and Aerospace, Festus Keyamo; and GMD/CEO, United Bank for Africa (UBA) Plc, Oliver Alawuba at the Commissioning of the Newly Renovated Departure Section of Murtala Muhammed International Airport, Ikeja, Lagos, renovated by UBA, recently.
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  • Joins Aviation Minister To Commission New MMIA Departure Section

By Kingsley I. Ilechukwu, Bureau Chief, South West, Nigeria

United Bank for Africa Plc(UBA Plc’s)  Group Managing Director/CEO, Oliver Alawuba, has commended the collaboration that led to the renovation of  the departure section of Murtala Muhammed International Airport, Lagos , south west, Nigeria, even as he emphasised the need for public and private institutions to come together to build and revamp the nation’s assets.

Mr. Alawuba gave the commendation at official commissioning of the renovation project undertaken by United Bank for Africa Plc, on Friday, December 20th, 2024.

The laudable project, which marked a transformative moment in Nigeria’s aviation sector, underscores UBA’s unwavering commitment to national development and highlights the immense value of strategic public-private partnerships (PPPs).

The ceremony was graced by distinguished stakeholders, including the Minister of Aviation and Aerospace Development, Festus Keyamo, SAN;   the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku; other Directors, and Heads of Agencies operating at the Airport. 

Speaking at the event, Alawuba lauded the collaboration that brought the project to fruition and  emphasised the need for public and private institutions to come together to build and revamp the nation’s assets.

“This renovation is a testament of UBA’s belief in the transformative power of investing in national assets. By modernising our airports, we not only enhance infrastructure but also position Nigeria as a global hub for tourism, trade, and investment,” he stated.

Alawuba took time to highlight the broader economic impact of such initiatives, urging increased private-sector participation in national development. “Public-private partnerships like this demonstrates what can be achieved when we unite for a shared vision of progress and investing in infrastructure catalyses economic growth, improves travel experiences, and creates opportunities across various sectors of the economy,” he added.

The UBA boss reflected on the power of unity and collaboration, quoting Helen Keller: “Alone we can do so little; together we can do so much.” The commissioning of the renovated departure section serves as a reminder of what strategic partnerships can achieve in driving national development and elevating Nigeria’s global standing.”

While commissioning the project, Mr. Keyamo commended UBA for executing the project, a feat he termed a landmark achievement in Nigeria’s aviation sector. “This renovated departure section exemplifies the bank’s commitment to elevating aviation infrastructure, improving passenger experiences, and fostering international partnerships. It is a proud moment for the ministry and all stakeholders involved, and I thank the management of UBA for pioneering this initiative,” he remarked.

Keyamo highlighted other key achievements of his ministry, including compliance with the Cape Town Convention, the launch of a consumer protection portal, and advancements in major infrastructure projects such as the second runway at Abuja Airport and solar energy integration in airport operations.

Mrs. Kuku, commended UBA and other stakeholders for their contributions, adding, “This project reflects FAAN’s dedication to delivering world-class aviation infrastructure. The enhanced departure section not only elevates passenger experiences but also strengthens Nigeria’s competitive position in global aviation.”

She called for more private-sector participation, emphasising that “partnerships like these are essential to transforming the aviation sector into a beacon of excellence.”

The newly renovated departure section boasts cutting-edge facilities designed to enhance efficiency and passenger comfort. This upgrade reaffirms the Murtala Muhammed International Airport’s status as a critical gateway to Nigeria and a major hub for international travel in Africa.

United Bank for Africa is Africa’s Global Bank. Operating across twenty African countries and the United Kingdom, United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology. UBA is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 45 million customers globally.

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