Law Weekly: The FAAN Projects Impasse
Two weeks ago, the Federal Airports Authority of Nigeria (FAAN) announced that it had called off the lease for two projects, a hotel and conference center located around the domestic wing of the Murtala Muhammed airport, MMA2 in Lagos.
The director of legal services, FAAN, Mr. Mark Jacobs said by the agreement, the concessionaire entrusted with the projects, Bi-Courtney Nigeria Ltd was to have completed them in 2008 and despite an extension till 2009, and the projects still remain uncompleted in 2013.
Chairman of Bi-Courtney, Dr. Wale Babalakin however insists that his company has a court order restraining FAAN from taking over the lease.
On this episode of law weekly with our judiciary correspondent, Shola Soyele, both men argue the legality of their different positions.
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