Friday, August 1, 2025
  • Share your story
  • About
  • Contact
Economy FootPrint
  • Home
  • News & Politics
  • Opinion
  • Finance & Economy
  • Aviation
  • Editorial
  • Transport & Blue Economy
  • Features | Analysis
  • Health | Environment
Economy FootPrint
Home Aviation

N81bn Needed To Complete Abuja Airport Second Runway – Festus Keyamo

*Concession of Lagos, Kano, Abuja, PH, Enugu Airports imminent

Flower Agiji by Flower Agiji
December 13, 2023
in Aviation, Top News
Reading Time: 2 mins read
0
Abuja Airport 2nd Runway: History as Community Hands Over Land to FG
Share on FacebookShare on Twitter

The Minister of Aviation and Aerospace Development, Barr. Festus Keyamo, SAN, has projected that an additional N81 billion will be needed to complete the second runway for the Nnamdi Azikiwe International Airport, Abuja.

The Minister stated this on Tuesday in Abuja at the ministry’s 2024 Budget Proposal to the Joint Committees of Aviation of the National Assembly. He proposed N63 billion 2024 budget for the entire Ministry and its Agencies. However, an additional N81bn outside of the proposed budget will be required to procure the second runway for the Abuja airport.

Related posts

Aviation Minister Hosts Ministry of Finance Incorporated Team, Qatari Investors As MOFI Proposes Strategic Investment Collaboration

Aviation Minister Hosts Ministry of Finance Incorporated Team, Qatari Investors As MOFI Proposes Strategic Investment Collaboration

July 31, 2025
Nigeria & Egypt Central Banks Partner on Broader Economic Synergy

Nigeria & Egypt Central Banks Partner on Broader Economic Synergy

July 30, 2025

The procurement of a second runway for the airport has lingered for over two decades and spans back to ex-president Olusegun Obasanjo era. The Buhari government concluded work on the design. N72 billion was initially projected for the building of the runway which would be the longest in the world when completed.

The absence of a second runway for the Abuja airport, the capital city of Nigeria, is now viewed as a safety issue. Once there is an incidence on the existing runway, however small, the airport shuts down until the aircraft is moved to safety. Recall in 2016, the airport was shut down for 6 weeks for runway repairs with attendant billions of losses in revenues.

The federal government recently took custody of the land the 4KM runway will be built on from Jiwa Community located on the airport road.

The Minister said that critical projects such as Abuja 2nd runway, and the upgrade and rehabilitation of the old terminal of Lagos airport were vital projects that need urgent attention. He expressed the danger associated with having only one runway for a capital city like Abuja.

Speaking further, Keyamo appealed to the 10th Assembly joint committee for the procurement of consultancy for the design of a Master plan for major airports in Nigeria, stating the need to give more attention to the area of safety with the procurement of equipment.

The minister further informed the committee that Mr. President has graciously approved the purchase of screening machines for the 5 international airports in Nigeria.

On the issue of airport concession, the Minister said, he has taken into consideration the concerns of the 9th Assembly as regards the non-transparent manner it was conducted but affirmed that concession is the way to go for the 5 international airports in Nigeria.

He informed the committee that he had written a memo to Mr. President for a quality concession process for the Lagos, Kano, Abuja, Port Harcourt, and Enugu airports.

Previous Post

The Power of Respect: Avoiding Abusive Language in Collective Bargaining

Next Post

Second Niger Bridge Ready, to be Handed to FG – NSIA

Next Post
Second Niger Bridge Ready, to be Handed to FG – NSIA

Second Niger Bridge Ready, to be Handed to FG - NSIA

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Customs Intensifies Crack Down on Fuel Smugglers, Seizes 49, 000 Litres of PMS

Customs Intensifies Crack Down on Fuel Smugglers, Seizes 49, 000 Litres of PMS

2 months ago
Non-Kinetic Operation: Taraba Communities Sign Peace Pact to End Communal Disputes

Non-Kinetic Operation: Taraba Communities Sign Peace Pact to End Communal Disputes

1 month ago

COAS Commission  
NAIC Soldier’s Quarter, Reaffirm Commitment To Troops Welfare

5 months ago

Train Services Resume on Abuja-Kaduna Train Route

1 year ago

FOLLOW US

  • 86.2k Followers

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

BROWSE BY TOPICS

2023 Benue Budget Abuja-Kaduna Rail Access Corporation Access pension airports concession Aviation Ayu Benue Budget Benue Community Buhari Business CBN Central Bank Dana Air Economy FGPL Herdsmen Herdsmen attacks insecurity insurance Maritime Min of Transport MSMEs NAICOM NCAA Nigeria Nigeria -Cameroon Border Post Nigeria Air NRac Onne Port ooh Orrom Ortom PDP PenCom pension Railway Sambo Jaji Transcorp Transcorp Group Transcorp Hotels Plc UBA Ukohol Wike Wildon Ideva

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Economy Footprint

The EconomyFootprint is published by Ideas Tent Communications Ltd®. All Rights Reserved.

Follow us on social media:

Recent News

  • President Tinubu extends the tenure of the Comptroller-General of Customs
  • Mzough U Tiv Worldwide Backs prof. Gundu, Challenges Gov, Sule to Protect Lives and Properties
  • Tiv People in Diaspora Flay Gov. Sule Over Threat to Prof. Gundu

Category

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Recent News

President Tinubu extends the tenure of the Comptroller-General of Customs

President Tinubu extends the tenure of the Comptroller-General of Customs

July 31, 2025
Tiv People in Diaspora Flay Gov. Sule Over Threat to Prof. Gundu

Mzough U Tiv Worldwide Backs prof. Gundu, Challenges Gov, Sule to Protect Lives and Properties

July 31, 2025
No Result
View All Result
  • Home
  • Politics
  • News
  • Sports
  • Opinion