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    MarketForces Africa » MarketForces News » FEC Approves N900bn for Upgrade of Aviation Infrastructure
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    FEC Approves N900bn for Upgrade of Aviation Infrastructure

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiAugust 1, 2025No Comments3 Mins Read
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    FEC Approves N900bn for Upgrade of Aviation Infrastructure
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    FEC Approves N900bn for Upgrade of Aviation Infrastructure

    ‎The Federal Executive Council (FEC) has approved contracts worth over N900 billion for extensive infrastructure upgrades at some major airports across Nigeria.

    Mr Festus Keyamo, Minister of Aviation and Aerospace Development, disclosed this following Thursday’s FEC meeting presided over by President Bola Tinubu at the State House, Abuja.

    He explained that the projects would be funded through the Renewed Hope Infrastructure Development Fund. “Today, it was the turn of aviation to receive the kind attention of the Renewed Hope Infrastructure Fund.

    “We are very grateful that His Excellency the President has focused on aviation for massive infrastructural upgrades across the country.

    “The centerpiece of the upgrades is the complete rehabilitation and modernisation of International Terminal One at Murtala Muhammed International Airport, Lagos. “The terminal will be stripped down to its structural frame and rebuilt to meet international standards.

    “We have decided to strip it down to only the carcass, and then redo the entire mechanical and electrical systems,” he added.

    He said the project, fully funded by the Renewed Hope Infrastructure Fund, had been awarded to CCECC, the company responsible for constructing Terminal Two in Lagos.

    Terminal Two will also be expanded to include a new apron, access roads, bridges, and related infrastructure.

    The total cost of rehabilitating Lagos airports will amount to N712.26 billion, with an expected completion timeframe of 22 months.

    FEC also approved upgrades at Malam Aminu Kano International Airport, including the rehabilitation of both runways and taxiways. The project involves upgrading the airfield ground lighting to Category 2 (CAT 2) standards.

    “This upgrade, costing N46.39 billion and scheduled for completion within 24 weeks, is expected to significantly enhance flight safety, especially during the hazy harmattan seasons that have historically caused delays and cancellations.

    “With the navigational aids we are bringing to Kano, aircraft can land even in very hazy weather,” he added.

    A major security enhancement was also approved for Lagos airport: a 14.6 km perimeter fence equipped with CCTV, solar floodlights, intrusion detection systems, and patrol roads.

    This security project is valued at nearly N50 billion and will take 24 months to complete. Port Harcourt International Airport will undergo runway and taxiway rehabilitation, with upgraded airfield lighting to CAT 2 standards.

    The project, costing N42.14 billion, will improve safety and operations during adverse weather conditions.

    Keyamo also announced FEC’s approval for the full business case for a 30-year concession of Akanu Ibiam International Airport in Enugu. #FEC Approves N900bn for Upgrade of Aviation Infrastructure#


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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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