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Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo - Politics - Nairaland

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Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by Maxymilliano(op): 2:05pm On Aug 03, 2025
The Minister of Aviation and Aerospace Development, Festus Keyamo, has justified the federal government’s decision to commit N712 billion to the renovation of the Murtala Muhammed International Airport (MMIA) in Lagos, describing the project as a necessary overhaul to modernise the country’s busiest airport and accommodate surging passenger traffic.

Keyamo provided a detailed breakdown of the plan in a statement posted on his verified X account on Sunday.

He explained that the project, approved by the Federal Executive Council (FEC) a few days ago, will focus on the full rehabilitation and redesign of Terminal One—the older of the two international terminals in Lagos.

Keyamo noted that the terminal, built in 1979, has become structurally decrepit after decades of neglect and overwhelming use.

According to him, the facility will be stripped down to its structural carcass, including removal of the roof, before being redesigned and rebuilt to meet modern international standards. The work will affect both Wings D and E of the terminal.

He added that the newer Terminal Two, completed with a Chinese loan and made operational during President Tinubu’s first month in office, will also be expanded. The expansion includes enlarging the apron to accommodate more aircraft, especially wide-body jets.

To ease vehicular movement in and out of the airport, Keyamo disclosed that two new independent ring roads will be constructed, one for arrivals and the other for departures alongside a new bridge that will lead directly to the upper floor of Terminal Two’s departure lounge. This, he said, will correct a design flaw that currently forces travellers to haul luggage up escalators.

The minister also revealed that the new designs incorporate smart technology features to transform the airport into a world-class facility capable of competing globally.

Keyamo emphasised that the entire project will be funded through the Renewed Hope Infrastructure Development Fund, established from savings made after the removal of fuel subsidies, with no loans involved.

He assured that as work progresses, journalists, civil society organisations, lawmakers, and other interested Nigerians will be invited on routine tours of the site to monitor progress and ensure transparency.

In defending the cost, Keyamo urged Nigerians to compare similar modern airport projects around the world, including those in African countries like Angola, to appreciate the value of the investment. He added that the Bureau of Public Procurement scrutinised and approved the final cost.

The statement reads fully, “To further enunciate our plans for the Murtala Mohammed International Airport (MMI) in Lagos, let me further clarify the approval we secured from the Federal Executive Council Meeting last week.

There are two international terminals in Lagos. Terminal One is that old building directly facing the long stretch of road leading to the airport built & commissioned in 1979 by the Obasanjo-led Military regime. It has two wings known as WING D and WING E. Terminal Two is the new building on the right-hand side as you drive into the airport, started by President Jonathan’s govt. with a Chinese loan, completed during President Buhari’s govt (with the loan) & made operational during President Tinubu’s first one month in office.

Due to years of neglect & because the traffic over time quadrupled beyond its capacity, the building & facilities at Terminal One became totally decrepit. We have been engaged in some patch jobs over the years just to make it a bit presentable. Now, shorn of all the rhetoric, what we simply want to do is to totally strip down that building, including the entire roof (leaving only the carcass), then re-design/reconfigure it & build a brand-new airport for the nation to meet modern, international standards that can also cater for the increased traffic. Both wings D and E would be affected.

As for the new Terminal (Two), we got approval to expand the building and the Apron (where aircraft park for boarding and disembarkation) in order to accommodate more aircraft, including wide-body aircraft. That is not all; we are constructing two new independent ring roads in and out of the airport (one for departure and one for arrival) and a bridge that will take travellers directly to the upper floor of Terminal Two Departure lounge, instead of lifting our luggage up the escalators when we are departing. It is a design error we intend to correct.

”We have also introduced smart solutions to the new designs in order to deliver a smart airport to Nigerians that can compete with any airport in the world.

“ In all, Nigerians will be proud of what we are going to deliver. And take note, this will not be done by a loan from anywhere, but by the Renewed Hope infrastructure Development Fund, which is one of the gains made from the removal of subsidies.

”As the work progresses, we will be inviting the Press, Civil Society groups, members of the National Assembly and interested Nigerians on regular tours of the facility to monitor the extent and quality of work. It is part of our national heritage and we should all rightly be interested in the final outcome.

“I will also encourage our compatriots to simply google the cost of most modern airports built around the world in the last few years (including those in Africa like Angola, etc) and you will agree with me that the Bureau for Public Procurement that scrutinised and fixed the final cost of this project did a fantastic job for the nation.

”And as a final word, it is important to tell Nigerians that we also have brand new Terminals in Kano, Abuja & Port-Harcourt. However, presently, they are all underutilised due to the traffic that is less than thirty percent of their capacities.

”For further explanation and transparency, we have produced a video (which I attach hereunder) that graphically explains the proposed works upon which we are embarking. I hope you find it useful.”
https://tribuneonlineng.com/why-were-spending-n712bn-to-renovate-lagos-airport-kayamo/?fbclid=IwQ0xDSwL8LfJleHRuA2FlbQIxMQABHurZehIVyDeQAmYA1UA7tnKEpFUGUoRhQYeb6RIT5PfnuQzEC86VjSh_RmzP_aem_iAw4t8oTANbAuiJwHExeAg

Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by Streetinvestor2: 2:15pm On Aug 03, 2025
You collect all our money to go spend on airport in lagos so that the monopoly of lagos to other regions continues. Why not the airport in abuja which is the center.
2027 is around the corner. When you spend our collective savings. Your people will be all over social media saying lagos igr is the highest and lagos belongs to SW
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by SalamRushdie: 2:25pm On Aug 03, 2025
Changi Airport Singapore is the most beautiful airport on earth, it was built 6 year ago for 1.5 billion dollars yet Keyamo and APC want to renovate our tiny ugly airport for 500 million dollar ..the way we love to waste money ehhh

Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by Maxymilliano(op): 2:25pm On Aug 03, 2025
Festus don hammer

Late President Buhari built that international terminal at Muritala Mohammed international airport Lagos at N106b and commissioned it on 22 may 2022

Now, president Tinubu is renovating the airport with N712b just two years and 3 months after 😲
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by SmartPolician: 2:56pm On Aug 03, 2025
Sowore has resurrected the looting giant. I estimated that they would budget one trillion naira for that renovation. E remain just N200 billion for them to hit one trillion. Anybodi wey no sabi Tinubu and him people come vacation for Naija
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by SmartPolician: 2:57pm On Aug 03, 2025
SalamRushdie:
Changi Airport Singapore is the most beautiful airport on earth, it was built 6 year ago for 1.5 billion dollars yet Keyamo and APC want to renovate our tiny ugly airport for 500 million dollar ..the way we love to waste money ehhh
Nobody is wasting anything. They are looting more than 50% of that sum. Black people are terrible
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by mrhowoto: 3:08pm On Aug 03, 2025
Another avenue to loot.
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by christejames(m): 3:10pm On Aug 03, 2025
They should have rather knocked down the whole structure to build a new one undecided




Thieves!
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by Buccalcavity2: 3:22pm On Aug 03, 2025
Streetinvestor2:
You collect all our money to go spend on airport in lagos so that the monopoly of lagos to other regions continues. Why not the airport in abuja which is the center.
2027 is around the corner. When you spend our collective savings. Your people will be all over social media saying lagos igr is the highest and lagos belongs to SW
I'm sure you read the part of the underutilization of the new ones built (30%).
You cannot strengthen the weak by weakening the strong.
Cost benefit analysis for the investment makes sense.
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by pongwa(m): 3:50pm On Aug 03, 2025
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by Jorussia(m): 3:52pm On Aug 03, 2025
SalamRushdie:
Changi Airport Singapore is the most beautiful airport on earth, it was built 6 year ago for 1.5 billion dollars yet Keyamo and APC want to renovate our tiny ugly airport for 500 million dollar ..the way we love to waste money ehhh
We have to be very careful the way we make comparisons.The new airport in Istanbul that was opened in 2018 cost over 11 billion dollars.When Buhari announced $500M loan for 4 airports renovations i knew nothing world class would come out of project.I agree our politicians including Keyamo are thieves,but that Lagos airport total overhaul can't cost below $1bn.
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by Dogalmighty17: 4:23pm On Aug 03, 2025
Every administration renovates Lagos airport. 712 billion naira? How much does that airport generate in revenue? This is madness!
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by tollyboy5(m): 6:01pm On Aug 03, 2025
Streetinvestor2:
You collect all our money to go spend on airport in lagos so that the monopoly of lagos to other regions continues. Why not the airport in abuja which is the center.
2027 is around the corner. When you spend our collective savings. Your people will be all over social media saying lagos igr is the highest and lagos belongs to SW
Ask yourself this simple question. How much is Abuja airport generating?
This is why most you and your leaders find it hard to develop your village. You spend money on areas that generate little or no income.
The airport has generated the most revenue for federal government and deserves to be upgraded and maintained.
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by SalamRushdie: 6:03pm On Aug 03, 2025
Jorussia:
We have to be very careful the way we make comparisons.The new airport in Istanbul that was opened in 2018 cost over 11 billion dollars.When Buhari announced $500M loan for 4 airports renovations i knew nothing world class would come out of project.I agree our politicians including Keyamo are thieves,but that Lagos airport total overhaul can't cost below $1bn.
Turkey under Erdogan is a very very corrupt county , there is no reason why any airport should cost 11 billion dollars
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by tollyboy5(m): 6:06pm On Aug 03, 2025
SalamRushdie:
Changi Airport Singapore is the most beautiful airport on earth, it was built 6 year ago for 1.5 billion dollars yet Keyamo and APC want to renovate our tiny ugly airport for 500 million dollar ..the way we love to waste money ehhh
My bros, check this out from chatgpt

✈️ Changi Airport, Singapore
Original construction of Changi Airport in 1981 cost approximately £1.1 billion (≈ S$1.88 billion at the time), roughly £4 billion (≈ S$6.8 billion) in today’s value
The Independent Singapore News
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by tollyboy5(m): 6:10pm On Aug 03, 2025
SmartPolician:
Sowore has resurrected the looting giant. I estimated that they would budget one trillion naira for that renovation. E remain just N200 billion for them to hit one trillion. Anybodi wey no sabi Tinubu and him people come vacation for Naija
Seeing smart in your name attimes.. smh

✈️ Changi Airport, Singapore
Original construction of Changi Airport in 1981 cost approximately £1.1 billion (≈ S$1.88 billion at the time), roughly £4 billion (≈ S$6.8 billion) in today’s value
The Independent Singapore News
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by Reflect7: 6:17pm On Aug 03, 2025
Jorussia:
We have to be very careful the way we make comparisons.The new airport in Istanbul that was opened in 2018 cost over 11 billion dollars.When Buhari announced $500M loan for 4 airports renovations i knew nothing world class would come out of project.I agree our politicians including Keyamo are thieves,but that Lagos airport total overhaul can't cost below $1bn.
All you people with your holier than thou attitude.

Finger pointing experts.

Professional government blamers.

Until they give you the same position and all your angelism flies out the window as treasury dollars stare you in the face.
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by Rexymania(m): 6:35pm On Aug 03, 2025
SalamRushdie:
Changi Airport Singapore is the most beautiful airport on earth, it was built 6 year ago for 1.5 billion dollars yet Keyamo and APC want to renovate our tiny ugly airport for 500 million dollar ..the way we love to waste money ehhh
Waste abi steal
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by OSUNADC: 6:46pm On Aug 03, 2025
This back to back looting is befuddling and can't be real.
APC literally took wastage of public funds to a ridiculous level. They are doing what they accused the PDP government of ,in several folds. This is sickening, they are pillaging the nation back to back without any empathy to the groaning and hopelessness of the masses.



I am gobsmacked!

ADC: HERE WE COME!!!
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by koxyz: 7:34pm On Aug 03, 2025
Misplaced priority, the proceeds from subsidy removal shouldn't be spent on renovations and reconstruction of airport

Many Nigerians are suffering due to this removal.The best option is to spend this proceed on programs that will alleviate their suffering

Moreover,we have airports that are under utilize.Why can we decongest Lagos Airports and save ourselves all these wahala.
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by rinzaugustine: 7:38pm On Aug 03, 2025
$500 million dollars to renovate an airport ? Kwaraption don wear agbada under tinubu ooo no longer hidden
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by Jorussia(m): 7:45pm On Aug 03, 2025
SalamRushdie:
Turkey under Erdogan is a very very corrupt county , there is no reason why any airport should cost 11 billion dollars
Just go to Google and ask how much is the cost for a modernised international airport.
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by forgiveness: 10:40pm On Aug 03, 2025
Why is this not on front page?
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by flokii: 1:31am On Aug 04, 2025
They should go ahead and give the busiest airport in Nigeria proper facelift.. since those ones have refused to use the Ebonyi airport built by Umahi, then money should be spent on the Lagos airport to make it standard.
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by aribisala0(m): 1:45am On Aug 04, 2025
koxyz:
Misplaced priority, the proceeds from subsidy removal shouldn't be spent on renovations and reconstruction of airport

Many Nigerians are suffering due to this removal.The best option is to spend this proceed on programs that will alleviate their suffering

Moreover,we have airports that are under utilize.Why can we decongest Lagos Airports and save ourselves all these wahala.
Who said it is proceeds from subsidy
Doesn't the airport generate revenue
The airport is a business that pays its way several times over
It is not a favour it has customers who bring in money and some of that money should be spent on the airport like any other business

The issue is transparency regarding the revenues

This is separate from customs which was 100 billion in 2023
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by aribisala0(m): 1:48am On Aug 04, 2025
rinzaugustine:
$500 million dollars to renovate an airport ? Kwaraption don wear agbada under tinubu ooo no longer hidden
How much should it be?
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by donleo92(m): 5:11am On Aug 04, 2025
Oga hope you included your own share.

But my only concern is that must everything revolve around LAGOS

We have other states in Nigeria. Warri, PORTHARCOURT, kano is their.

But this administration is just hellbent on overcrowding lagos for their selfish gains
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by deltateam: 5:15am On Aug 04, 2025
How much does it take to build an airport?


Until these thieves are made to vomit what they swallowed, these nonsense won't stop.
Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by Sirianese: 5:17am On Aug 04, 2025
Keyamo's first real meat😋




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Re: Why We Are Spending ₦712 Billion To Renovate Lagos Airport — Keyamo by obi4eze(m): 5:18am On Aug 04, 2025
This is clearly an avenue for embezzlement of funds
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