FG puts aviation infrastructure upgrade cost above N1tn
The Minister of Aviation, Festus Keyamo, says the overhaul of Nigeria’s aviation infrastructure will cost over N1tn, funded by the Renewed Hope Fund. Read More: https://punchng.com/fg-puts-aviation-infrastructure-upgrade-cost-above-n1tn/
The Nigerian government has allocated over N1tn for the overhaul of aviation infrastructure, as announced by Minister of Aviation and Aerospace Development, Festus Keyamo, during the 67th anniversary celebration of Aero Contractors. President Bola Tinubu has approved the mobilization of the China Civil Engineering Construction Company to build a second runway at Nnamdi Azikiwe International Airport in Abuja.
Additionally, the present administration plans to construct a light rail connecting the international wing of Murtala Muhammed Airport to Ikeja Bus Stop, passing through General Aviation Terminal, MMA2 at the local wing, and Air Force Base before ending at the new Terminal Two at MMIA in Lagos. Keyamo emphasized that the government's efforts, aimed at the Renewed Hope Initiative for the aviation industry, mark a significant shift from the previous administration, which borrowed heavily to build airport terminals without completion.
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