FG invested about $500m cash to modernise Lagos International Airport — Keyamo - Newsy People

Keyamo Says 98% of Trapped Airline Funds Cleared as FG Targets Growth in Aviation Sector

Festus Keyamo, Minister of Aviation and Aerospace Development, has disclosed that the Federal Government has paid off 98% of trapped airline funds withheld by the immediate past administration—a move that, according to the Minister, will boost confidence in the country’s aviation sector, news.ng reports. Keyamo made this known at the Aircraft Acquisition and Investment Summit in Lagos on Wednesday. The Minister noted that the achievement is a br…

FG Releases $500m for  Lagos Airport Overhaul

By Lizzy Chirkpi The Federal Government has committed about $500 million in direct funding to upgrade infrastructure at the Murtala Muhammed International Airport, in a major push to reposition Nigeria as a leading aviation hub in Africa. Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this on Wednesday while speaking at an industry investment summit in Lagos, where he outlined the scale and urgency of ongoing reforms i…

Upgrade Of Nigeria’s Airport Infrastructure No More Optional

By Enyichukwu Enemanna The Director General of World Trade Organisation (WTO) has urged the Nigerian government to accord priority to the upgrade and maintenance of the country’s airports as a key driver of its competitiveness in the global aviation space. Ngozi Okonjo-Iweala, a former Minister of Finance in the West African nation, stressed that such upgrade is crucial for Nigeria’s rating in global value chain, emphasising that it “is not opti…

FG Commits $500m to Upgrade Lagos Airport, Targets World-Class Status — Keyamo

The Federal Government has invested about $500 million to modernise the Murtala Muhammed International Airport in Lagos, as part of efforts to reposition Nigeria’s aviation sector, Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed. Speaking on Wednesday at an aviation summit in Lagos, the minister said the scale of investment underscores the government’s determination to transform the country’s busiest airport into a w…

FG invested about $500m cash to modernise Lagos International Airport — Keyamo - Newsy People

Nigeria’s Federal Government has committed approximately $500 million in cash to modernise the Murtala Muhammed International Airport (MMIA) in Lagos, according to the Minister of Aviation and Aerospace Development, Festus Keyamo. Speaking at the Aircraft Acquisition and Investment Summit in Lagos on Wednesday, April 1, Keyamo said the scale of the investment reflects the country’s ambition to strengthen its aviation infrastructure and position …