FG raised $500 million for Lagos airport after subsidy removal, Keyamo says

NAIRAMETRICS | 05-10-2026 06:18pm |

Minister of Aviation and Aerospace Management, Festus Keyamo, announced that the removal of fuel and foreign exchange subsidies enabled the government to raise about $500 million for reconstructing the Lagos airport and other aviation infrastructure. The funds were raised within two years without borrowing. The project aims to improve aviation facilities in the country.

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