Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Nova Bank Appoints Jude Anele As Managing Director/CEO
    • Almustapha Jokolo Congratulates Fola Adeola On Appointment As Chairman Of Presidential Petroleum Reform Task Force
    • Police Arrest Suspects Over Vandalism Of Seplat Energy Facility In Akwa Ibom
    • NSCDC Officer Killed As Hoodlums Disrupt Ado Doguwa’s Ramadan Palliative Distribution In Kano
    • Ogun 2027: How The Aspirants Stand
    • FG, States, LGs Share N1.894trn February Revenue – FAAC
    • Tinubu Establishes Task Force On Presidential Petroleum Reform, Value Optimisation
    • Inuwa Yahaya Hails Promotion Of Gombe’s Bello Shehu, Dankombo Morris To AIG Rank
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    • HOME
    • NEWS

      Almustapha Jokolo Congratulates Fola Adeola On Appointment As Chairman Of Presidential Petroleum Reform Task Force

      March 15, 2026

      Police Arrest Suspects Over Vandalism Of Seplat Energy Facility In Akwa Ibom

      March 15, 2026

      NSCDC Officer Killed As Hoodlums Disrupt Ado Doguwa’s Ramadan Palliative Distribution In Kano

      March 14, 2026

      FG, States, LGs Share N1.894trn February Revenue – FAAC

      March 14, 2026

      Tinubu Establishes Task Force On Presidential Petroleum Reform, Value Optimisation

      March 14, 2026
    • COLUMN

      The Death Of PDP: A Party That Killed Itself – By Jonathan Nda-Isaiah

      March 13, 2026

      Saving The Police From Itself – By Azu Ishiekwene

      March 13, 2026

      BBL Trend Surges Among Nigerian Women, But At What Cost? – By Boma West

      March 11, 2026

      2027 Elections: Turning Epic Fury To ‘Epic Patience’ – By Yemi Kolapo

      March 10, 2026

      The Tell-Tale Signs Of Political Violence Before It Explodes – By Dr Dakuku Peterside

      March 9, 2026
    • EDUCATION

      FG Names Prof. Adamu Acting Vice-Chancellor To Steer UniAbuja For Three Months

      August 9, 2025

      13 Countries Offering Free Or Low-Cost PhD Programmes For Non-Citizens

      January 25, 2025

      NECO: Abia, Imo Top Performing States In Two Years, Katsina, Zamfara Come Last

      October 3, 2024

      NBTE Accredits 17 Programmes At Federal Polytechnic Kabo

      August 20, 2024

      15 Most Expensive Universities In Nigeria

      May 19, 2024
    • INTERNATIONAL

      US Offers $10m Reward For Infomation On Iran’s Supreme Leader, Others

      March 13, 2026

      Israel Destroys Historic Bridge In Lebanon, Threatens Gaza-Scale Devastation

      March 13, 2026

      No War End in Sight As Iran’s Supreme Leader Says Vengeance Is Priority ‘Until Fully Achieved’

      March 13, 2026

      South Korea Imposes Limit On Fuel Price Hike To Curb Iran War Shock

      March 13, 2026

      Iran’s New Supreme Leader Mojtaba Injured But Safe, Officials Say

      March 12, 2026
    • JUDICIARY

      FULL LIST: Judicial Council Recommends Appointment Of 11 Supreme Court Justices

      December 6, 2023

      Supreme Court: Judicial Council Screens 22 Nominees, Candidates Face DSS, Others

      November 29, 2023

      FULL LIST: Judicial Commission Nominates 22 Justices For Elevation To Supreme Court

      November 16, 2023

      Seven Key Issues Resolved By Seven Supreme Court Judges

      October 26, 2023

      FULL LIST: CJN To Swear In Falana’s Wife, 57 Others As SANs November 27

      October 12, 2023
    • POLITICS

      What Peter Obi May Lose If He Joins Coalition As VP Candidate

      May 25, 2025

      Atiku Moves To Unseat Wike’s Damagum As PDP Chairman, Backs Suswam As Replacement

      April 15, 2024

      Edo’s Senator Matthew Uroghide, Others Defect To APC

      April 13, 2024

      Finally, Wike Opens Up On Rift With Peter Odili

      April 2, 2024

      El-Rufa’i’s Debt Burden: APC Suspends Women Leader For Criticising Kaduna Gov

      March 31, 2024
    • SPORTS

      Mikel Demands NFF Leadership Resign After Nigeria’s 2026 World Cup Failure

      March 13, 2026

      FIFA World Cup: ‘Nobody Can Stop Us From Participating’, Iran Replies Trump

      March 13, 2026

      ‘I Play To Honour Him’, Captain Ndidi Opens Up On Life After Father’s Death

      March 13, 2026

      FIFA World Cup: ‘Stay Home For Your Own Safety’, Trump Tells Iran Football Team

      March 13, 2026

      Basketball: D’Tigress Crush Colombia 70–37 In World Cup Qualifier

      March 12, 2026
    • MORE
      • AFRICA
      • ANALYSIS
      • BUSINESS
      • ENTERTAINMENT
      • FEATURED
      • LENS SPEAK
      • INFO – TECH
      • INTERVIEW
      • NIGERIA DECIDES
      • OPINION
      • Personality Profile
      • Picture of the month
      • Science
      • Special Project
      • Videos
      • Weekend Sports
    NEWS POINT NIGERIANEWS POINT NIGERIA
    Home - ₦712bn Lagos Airport Rebuilding Funded With Subsidy Removal Gains – Aviation Minister

    ₦712bn Lagos Airport Rebuilding Funded With Subsidy Removal Gains – Aviation Minister

    By Lekan AdeyeyeAugust 4, 2025
    Keyamo Watch
    Keyamo

    THE Minister of Aviation and Aerospace Development, Festus Keyamo, has defended plans by the Federal Government to remodel the Terminal One of the Murtala Muhammed International Airport in Lagos with ₦712bn, saying it is a quest to meet world-class standards.

    RAMADAN KAREEM

    The senior advocate, who was a guest on Channels Television’s Sunday Politics programme monitored by News Point Nigeria, said the airport terminal, built over four decades ago, has gone rusty.

    “The roof of the airport is leaking; the place is decrepit and smelly. You see people selling Indomie and all kinds of kiosks erected there. The ceilings are failing, and the carousels are not working because their parts are not in the market anymore,” he said.

    Ad 19
    Ad 20

    The approval of ₦712bn by the Federal Government for the project last week has triggered discontent from various quarters as critics argued that it was a misplacement of priority by the Bola Tinubu Presidency at a time when millions of Nigerians groan under all-time high inflation, hunger and skyrocketing living cost, sparked by the twin policies of petrol subsidy removal and unification of the foreign exchange windows by the government.

    However, Keyamo argued that the airport upgrade would be funded “through the Renewed Hope Infrastructural Funding. It is not a budgetary kind of expenditure. It is from the special infrastructure fund”.

    “This government promised Nigerians major infrastructural upgrades across Nigeria, from the savings we are having now from the subsidy removal and the floating of the naira,” he stated, adding that the project would last 22 months.

    The minister said that without the rebuilding of the airport terminal, many foreign airlines would abandon the country’s route.

    “Without this, some international airlines will threaten to stop flight to your country when you don’t have a good airport, a good runway, because it affects insurance because when the runways are not good, the terminals are good, the insurance will go up because they will say that place is not safe to fly to,” he said.

    Keyamo stressed that upon completion, the terminal would rival continental aviation hubs in Ethiopia, South Africa and other country.

    Nigerian TAX Reform - Federal Goverment

    He said, “As it is today, you cannot land in Lagos (local airport) and try to connect to an international flight, maybe to Ghana

    “Lagos is not a hub, but that was the plan in 1977 when it was designed and in 1979 when it was commissioned. You cannot process one passenger from one terminal to another, so that has stunted the growth of aviation.

    “What we are trying to do in Lagos now is to make Lagos a very modern airport and create a proper hub to begin to compete with other hubs in Africa…So, we want to completely pull down Terminal One.

    National Orientation Agency Page UP
    National Orientation Agency - Down

    “It is not a refurbishment; we are tearing it down, only the pillars will remain, the carcass, the decking. Everything will go, and they are going to redesign now.”

    Aviation Minister Lagos Airport Renovation
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email

    Related Posts

    Almustapha Jokolo Congratulates Fola Adeola On Appointment As Chairman Of Presidential Petroleum Reform Task Force

    March 15, 2026

    Police Arrest Suspects Over Vandalism Of Seplat Energy Facility In Akwa Ibom

    March 15, 2026

    NSCDC Officer Killed As Hoodlums Disrupt Ado Doguwa’s Ramadan Palliative Distribution In Kano

    March 14, 2026

    FG, States, LGs Share N1.894trn February Revenue – FAAC

    March 14, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    Nova Bank Appoints Jude Anele As Managing Director/CEO

    March 15, 2026

    Almustapha Jokolo Congratulates Fola Adeola On Appointment As Chairman Of Presidential Petroleum Reform Task Force

    March 15, 2026

    Police Arrest Suspects Over Vandalism Of Seplat Energy Facility In Akwa Ibom

    March 15, 2026

    NSCDC Officer Killed As Hoodlums Disrupt Ado Doguwa’s Ramadan Palliative Distribution In Kano

    March 14, 2026

    Ogun 2027: How The Aspirants Stand

    March 14, 2026
    Advertisement
    News Point NG
    © 2026 NEWS POINT NIGERIA Developed by ENGRMKS & CO.
    • Home
    • About us
    • Disclaimer
    • Our Advert Rates
    • Privacy Policy
    • Terms of Use

    Type above and press Enter to search. Press Esc to cancel.

    Join Us On WhatsApp