Subsidy removal funded $500m Lagos airport rebuild – Keyamo

The Punch | 05-10-2026 02:48pm |

Aviation Minister Festus Keyamo has stated that the removal of fuel subsidy helped raise $500 million to reconstruct the Lagos airport and other aviation infrastructure. The funds were used for the rebuilding project. Keyamo made the disclosure in a recent statement. The subsidy removal has been a controversial policy in Nigeria.

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