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Mon. Jun 9th, 2025
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President Muhammadu Buhari on Tuesday directed the Minister of Finance, Budget and National Planning to look for special funding for the second runway of the Nnamdi Azikiwe International Airport, Abuja.

 

The president spoke when he inaugurated the Terminal Building, of the Murtala Muhammed International Airport, Lagos, similarly directed the Minister of the Federal Capital Territory to conclude the documentation of the approved 12,000 hectares of land to accommodate the runway and other developmental projects.

 

This was disclosed in a statement issued on Tuesday by  Garba Shehu, Senior Special Assistant to the President on Media & Publicity.

 

President Buhari also asked the Minister of Aviation to fast-track the airport concession programme, to boost aviation practice in the country and make the aviation industry reflect global standards.

 

Buhari said that the completion and delivery of five brand new international airport terminals since 2015, which were at 11% completion level when his administration took over, aligns perfectly with the Aviation Roadmap, developed in 2016, for the purposes of establishing critical infrastructure, including a National Carrier as well as maintenance, repairs and overhaul centre, and improved Airports Terminals through concession.

 

President Buhari, described the administration’s investments in inter-state rail connectivity, road networks, agriculture, power and telecommunications, despite limitations in resources, as unprecedented. He noted that the robust initiatives have been complemented with specific fiscal policies to drive aviation infrastructure renaissance.

 

‘‘These include the designation of 4 airports, namely Lagos, Abuja, Kano and Port Harcourt as Free Trade Zones, in which customs duty is not applicable; removal of VAT on all forms of shared transportation, including air transportation; and exemption of commercial aircraft and spare parts from VAT payment, “ he said.

 

 ‘‘Similar projects at both the Nnamdi Azikiwe International Airport and Port Harcourt International Airport were completed and commissioned by this administration and our people have since been benefiting from the positive economic impacts of those magnificent terminals.

 

‘‘The one in Kano has also been completed, and will be commissioned soon, while work continues apace to complete that of Enugu shortly,’’ he said.

 

The President expressed confidence that the new terminal in Lagos with sixty-six check-in-counters, sixteen Immigration desks at arrival, twenty-eight Immigration desks at departure, and eight security screening points, among others, would go a long way in contributing to the socio-political and economic prosperity of the country.

 

He added that the improvement would increase airport operations and management services to about 14 million passengers per annum, create 3,000 direct and indirect jobs, increase the inflow of Foreign Direct Investments (FDI), and exponential growth in the Gross Domestic Product (GDP).

 

The Nigerian leader thanked the Government and People of the Republic of China, through the China Export-Import Bank and CCECC Nigeria Limited, (FAAN), for their commitment and support towards the completion of the project.

 

He also commended the Federal Ministry of Aviation and its agencies, particularly, the Federal Airports Authority of Nigeria, for working assiduously towards the realization of the project.

 

‘‘With the delivery of this project, a new era of safety, security, and comfort has been ushered into the Nigerian aviation industry, and I am persuaded that it will get better with the passage of time,’’ he said.

 

The statement quoted the Governor of Lagos State, Babajide Sanwo-Olu , as saying that it was instructive that Lagos State in one day had witnessed the evolution of three major infrastructure development projects that will change the Nigerian landscape while commending President Buhari for the infrastructural renewal and redevelopment necessary for a city like Lagos.

 

The governor was referring to the $2.5b Dangote Fertiliser Plant that the president commissioned in Lagos earlier in the day, as well as the Lekki Sea Port.

 

The governor lauded the private sector in the aviation industry for their continued contributions to the growth of the country despite the challenges.

 

Sanwo-Olu told the gathering that Lagos State Government was forming a partnership with FAAN towards ensuring that the new international terminal enjoys easy access which would be achieved by creating a bypass, the Airport – Alimosho Bypass Project, to create an alternative route to the airport.

 

The signing of the agreement for the partnership was later done by the officials of the Lagos State Government and FAAN. 

 

Minister of Aviation, Senator Hadi Sirika, commended the administration of President Buhari for efforts towards resolving the problems inherited in the aviation industry in 2015 such as lack of professionalism, scarcity of foreign exchange, obsolete equipment, poor facilities, blocked funds for airlines among others, adding that more still needed to be done.

 

Sirika said the airport concession project including the new terminals has reached an advanced stage with the Ministry issuing requests for shortlisted firms before the end of March.

 

He said a study by the International Air Transport Association (IATA) on Nigeria in 2020, “showed that the sector created 241,000 jobs, direct and indirect, and contributed $1.7billion to the economy,” with a hope to grow the contribution of the sector from the current 0.68% to 5% or approximately $14.16billion.

 

He assured that the new terminal will be linked to the railway system.

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