The Lagos State Government is to spend 650 million US $ on the establishing the New Air Port name call Lekki International Airport which is expected to inaugurate in May 2012. Lagos Airport Development Company (“LADC”) solely for the purposes of managing the development of the proposed Lekki Airport. The primary objective for the development of the Lekki airport is to complement and support the Murtala Mohammed International Airport (“MMIA”), the only functional international Airport in Western Nigeria. Additionally, it is the state’s desire for the airport to develop into the a new core for business and travel in the west African region, creating an surroundings of excellence for national, regional and international companies.

Murtala Muhammed International Airport (MMIA) is located Lagos State, Nigeria, and is the major airport serving the city of Lagos, southwestern Nigeria and the entire nation. Originally known as Lagos International Airport, it was renamed midway during construction after a former Nigerian military head of state Murtala Muhammad. The airport opened officially on 15 March 1979. It is the main base for Nigeria’s flag carrier airlines, Air Nigeria and Arikair.

Murtala Muhammed International Airport consists of an international and a domestic terminal, located about one kilometer from each other. Both terminals share the same runways. MMIA only the airport which is operate all of the domestic and international flights. In 2009, the airport served 5,644,572 passengers

Lagos has approximately 8 million population states that survive with just 1 airport (MMIA). Now, the Govt. of Lagos just needs to construct new Air port because Murtala Mohammad International Airport (MMIA) have just 3 terminals for domestic and international passengers and cargo flights.

The state government has obtained the site approval for the airport from the Federal ministry of Aviation and completed the master plan on the 3500 hectares of land for the project.

The Governor has also approved the conduct of the topographical and geotechnical survey of the 3500 hectares of land allocated for the Airport,” he said. Its construction will engage over 2,000 direct and indirect workers. The state government has appointed Mace Group, a United Kingdom based firms International Development Unit (IDU) team as the project manager for the preparation of a master plan for the new Airport which will be built next to the 16,500ha Lekki Free Trade Zone.

Explaining the involvement of private investors in the development of the airport, Oworu, said it has been discovered that a second airport in Lagos, Nigeria’s economic hub, is commercially viable.

In pushing towards its realisation, she said the state government had already appointed financial advisers to come up with the financial obligations, among others, which will form part of the prospectus with which the state will engage prospective investors in the airport.

“We will soon send out prospectus to prospective investors; and regarding commencement, we are looking at 12 to 18 months from now,” Oworu said.

The Commissioner of Chamber and Commerce Mr. Adeniyi Oyemade has announced in press conference that The Lekki International Airport handle more than 5 Million passengers.

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