• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, August 4, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Federal Gov’t To Recoup N712bn Lagos Airport Renovation Spending In 3 Years Keyamo

by Nafisat Abdulrahman
1 day ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

The Minister of Aviation and Aerospace Development, Festus Keyamo, has expressed confidence that the Federal Government will recover the N712 billion invested in the ongoing rehabilitation of the Murtala Muhammed International Airport (MMIA), Lagos, within three years.

Advertisement

Keyamo disclosed this during an interview on Channels Television’s current affairs programme ‘Sunday Politics’ on Sunday evening, where he outlined the government’s strategic plans to position Lagos as the aviation hub of West Africa.

According to him, the Lagos Airport alone generates approximately N200 billion in revenue annually, making it the most profitable aviation facility in the country. This, he said, forms the basis for the optimism around recouping the massive investment within a short period.

“Lagos airport gives us about N200 billion every year. So in three years, the investment pays for itself,” the Minister stated.

LEADERSHIP reports that the federal government, through a concessionary Public-Private Partnership (PPP) model, is currently undertaking major upgrades of airport terminals and infrastructure at the MMIA to improve capacity, service delivery, and operational efficiency.

RELATED

Tariff Hike: FG Raising Funds For Cash-strapped DisCos – Falana

‘Tinubu’s Harsh Economic Policies Have Erased Nigeria’s Middle Class’, Says Falana

37 minutes ago
Trade, Investment Flourish As UAE-Nigeria Relations Strengthened

Trade, Investment Flourish As UAE-Nigeria Relations Strengthened

2 hours ago

Keyamo added that the aim was not only to boost domestic revenue generation but to make Nigeria a transit hub that can compete with regional aviation giants like Ghana, Ethiopia, and South Africa.

“We are doing what it takes to make Nigeria the aviation hub of West Africa. Lagos is key to that vision,” he noted.

The Minister, however, reassured Nigerians that the project will be executed with full accountability and deliver long-term value.

The rehabilitation project is part of a broader infrastructure overhaul by the Tinubu-led administration aimed at enhancing Nigeria’s competitiveness in aviation, logistics, and tourism.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Festus Keyamo
SendShareTweetShare
Previous Post

JUST-IN: Nigeria’s D’Tigress Clinch 5th Consecutive FIBA Women’s AfroBasket Title

Next Post

N712bn Lagos Airport Renovation Misplaced Priority — ADC

Nafisat Abdulrahman

Nafisat Abdulrahman

I am a dedicated reporter at Leadership Newspaper, where I bring a keen eye for detail and a passion for storytelling to a diverse range of topics, including business, sports, politics, and international affairs. My work aims to provide readers with accurate, timely, and engaging reports that break down the complexities of current events. From covering high-profile political shifts and court cases to exploring the latest in economic developments and sporting events, I strive to offer insightful and comprehensive coverage. My stories include in-depth analyses of economic trends, detailed political reports, and human interest pieces that highlight significant global and local events. I am committed to delivering news that informs and fosters a deeper understanding of the issues shaping our world. My goal is to engage readers with well-researched and thought-provoking content

You May Like

Oyo Gov’t Recruits 5,600 Primary School Teachers, 80 Caregivers
News

2027: No Party Can Win Oyo Aside PDP — Makinde

2025/08/04
Tariff Hike: FG Raising Funds For Cash-strapped DisCos – Falana
News

‘Tinubu’s Harsh Economic Policies Have Erased Nigeria’s Middle Class’, Says Falana

2025/08/04
Trade, Investment Flourish As UAE-Nigeria Relations Strengthened
News

Trade, Investment Flourish As UAE-Nigeria Relations Strengthened

2025/08/04
Flooding: Borno Needs Modern Drainages, Not Overhead Bridges, Chinedumuije Tells Zulum
News

Flooding: Borno Needs Modern Drainages, Not Overhead Bridges, Chinedumuije Tells Zulum

2025/08/04
Lagos Gov’t Allays Fears As Flood Sacks Residents After Rainfall
News

Lagos Gov’t Allays Fears As Flood Sacks Residents After Rainfall

2025/08/04
WAFCON: Aiyedatiwa Gives Super Falcons’ Tosin Demehin N30m, House
News

WAFCON: Aiyedatiwa Gives Super Falcons’ Tosin Demehin N30m, House

2025/08/04
Leadership Conference advertisement

LATEST

2027: No Party Can Win Oyo Aside PDP — Makinde

‘Tinubu’s Harsh Economic Policies Have Erased Nigeria’s Middle Class’, Says Falana

Trade, Investment Flourish As UAE-Nigeria Relations Strengthened

Flooding: Borno Needs Modern Drainages, Not Overhead Bridges, Chinedumuije Tells Zulum

Lagos Gov’t Allays Fears As Flood Sacks Residents After Rainfall

WAFCON: Aiyedatiwa Gives Super Falcons’ Tosin Demehin N30m, House

Gov Sani Effects Minor Cabinet Reshuffle In Kaduna

JUST-IN: Tinubu Rewards D’Tigress With OON Honours, $100k Each, Houses

‘I Don’t Have Any Caucus In APC,’ Says Gov Oyebanji

NNPCL Boss Ojulari In Office Monday Amid Resignation Controversy

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.