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₦712 Billion for an Airport Overhaul? – MoreBranches

Summary by MoreBranches
Nigeria’s Federal Executive Council just approved ₦712.26 billion for the complete renovation of Lagos’ Murtala Muhammed International Airport Terminal 1. The spend includes: Stripping Terminal 1 down to its “carcass” and rebuilding it New mechanical, electrical, and plumbing systems Runway upgrades: ₦44 billion CCTV, LED airfield lights, and a 14.6km perimeter fence: ₦50 billion Expansion of Terminal 2 + Aircraft parking More billions for upgr…
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MoreBranches broke the news in on Thursday, August 7, 2025.
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