Keyamo Lagos Airport Subsidy Removal

The Minister of Aviation and Aerospace Management, Festus Keyamo, announced that the removal of fuel and foreign exchange subsidies enabled the Nigerian government to raise $500 million for the reconstruction of Lagos airport and other aviation infrastructure without borrowing.

The Minister of Aviation and Aerospace Development, Festus Keyamo, announced that the Nigerian government spent $500 million to rebuild the Lagos airport, funded by improved liquidity and foreign reserves under President Bola Tinubu's administration following the removal of the f

Festus Keyamo, the Minister of Aviation and Aerospace Development, announced that the removal of the fuel subsidy has facilitated $500 million in funding for the reconstruction of the Lagos airport and other aviation infrastructure under President Bola Tinubu's administration.