NewStats: 3,264,840 , 8,184,860 topics. Date: Thursday, 12 June 2025 at 02:12 PM 2f5r6d

Lagos govt enters agreement with Summa Group to develop Lekki-Epe International Airport.

[b]The Lagos State Government has signed a Memorandum of Understanding (MoU) with the internationally renowned construction company, Summa Group, for the development and construction of the Lekki-Epe International Airport.

Governor Babajide Sanwo-Olu announced the agreement on Saturday via his official X (formerly Twitter) .[/b]

Sanwo-Olu described the project as a transformative initiative aimed at improving connectivity in Lagos, boosting economic growth, and attracting global investments.

“We signed a Memorandum of Understanding (MoU) with the internationally acclaimed construction company, Summa Group, to develop and construct the much awaited Lekki-Epe International Airport.

“This groundbreaking initiative is an essential part of our vision to improve connectivity in Lagos, stimulate economic growth, and draw in global investments,” the governor’s tweet read in part.

He emphasized that the Lekki-Epe International Airport would enhance travel and create new opportunities for businesses and residents across the state.

What you should know.

The construction of a new airport in the Lekki axis has long been a key component of the Lagos State Government’s development agenda, as the region is one of the state’s four major growth corridors.

• According to earlier reports, the first phase of the Lekki International Airport project is expected to cost approximately $450 million, with initial plans for operations dating back to 2012.

• In 2022, the Federal Government officially approved the airport’s construction, with the then-Minister of Aviation, Hadi Sirika, presenting the approval at the Lagos Economic Summit held at Eko Hotel and Suites.

• Earlier this 2024, Governor Babajide Sanwo-Olu announced plans to establish a Sovereign Investment Fund to strategic infrastructure projects, including the Lekki-Epe International Airport. He also urged the Nigeria Sovereign Investment Authority to consider investing in the project to accelerate its development.

• In January 2024, the Lagos State Government revealed plans to establish a state-owned airline for enger operations, aligning with the final stages of preparation for the Lekki airport.

• By September 2024, the state government announced discussions with the Portuguese construction firm Mota-Engil Consortium as a potential partner for the airport’s development. However, in a significant shift, the government has now signed an MoU with the Russian company Summa Group to execute the project.

Notably, Lagos State’s N3.367 trillion 2025 budget allocates N1.052 trillion for infrastructure development, with several key projects planned around the proposed Lekki-Epe International Airport. These include the construction of the Lekki-Epe (Orisa) Bridge and its approach road, as well as the Lekki-Epe Airport Road, both of which will enhance access to the new airport and surrounding economic hubs.

Source: https://nairametrics.com/2025/02/08/lagos-govt-enters-agreement-with-summa-group-to-develop-lekki-epe-international-airport/

Good. Lagos is improving rapidly.

Industries and farms Abeg

Na Good development for ikorodu in the nearest future

Forward ever

Good

Another elephant project.

Wow welcome development

Lagos Centre Of Excellence indeed 🌟🌟🌟

Long overdue...lagoon state needs it's own airport.

Ikeja airport is for lagos state

Good

Eko o ni baje oo

Big one there....
Lagoon state on high speed to overtake entire Lagos state achievements in few years time

Lagos, a Country on its own..... We need more state to emulate this rapid development going on in Lagos.... Every region or Geopolitical Zone needs to have a Lagos

iwaeda:
Another elephant project.

Same thing your fathers said when the infrastructure in Lagos were being built. Today, you are hawking gala there.

You see that airport, your children will hawk gala there.

Well play lagos

Says Iwaeda the enemies of progress.

God una.

iwaeda:
Another elephant project.

This will also ease traffic as ppl coming from Lekki ajah won't have any business coming to Ikeja to fly

gabbytabby:
Says Iwaeda the enemies of progress.

God una.

Where is 4th mainland bridge.

You actually read my mind. You monitoring spirit. Una go take. 😂

It is coming and you no go sleep for weeks when it lands.

Go read the lagos state master plan and you will see that they plan and execute.

The devil is a liar.

iwaeda:

Where is 4th mainland bridge.

AmazingGenius:
[b]Lagos govt enters agreement with Summa Group to develop Lekki-Epe International Airport.


Source: https://nairametrics.com/2025/02/08/lagos-govt-enters-agreement-with-summa-group-to-develop-lekki-epe-international-airport/

Not a bad idea, but I wonder if its really needed. MMIA is actually underutilized. International flights cluster in the morning and late night. During the day, the airport is mainly idle, compared to other global international airports that have international landings every 5minutes round the clock.

However, given that Lagos is huge and constantly expanding, Lekki airport could serve al those flying domestically and internationally, who live in the Chevron/VGC area and beyond all the way to Epe, Ijebu axis and even Akure, up to Benin.

But my fear is that it will also be underutilized.

iwaeda:
Another elephant project.

How?

iwaeda:

Where is 4th mainland bridge.

Airport is more feasible than 4rth mainland bridge. We have lot of empty land in lekki-epe axis

AmazingGenius:
[b]Lagos govt enters agreement with Summa Group to develop Lekki-Epe International Airport.


Source: https://nairametrics.com/2025/02/08/lagos-govt-enters-agreement-with-summa-group-to-develop-lekki-epe-international-airport/

iwaeda:

Where is 4th mainland bridge.

Why have you refused to be happy about any development about Lagos or Nigeria?

Is this opposition or witch crafting?

RealLordZeus:
This will also ease traffic as ppl coming from Lekki ajah won't have any business coming to Ikeja to fly

That's the gist. People from Epe-Lekki axis don't need to go to Ikeja to use airport.
It'll make life easier for the people

phemmyfour:
Long overdue...lagoon state needs it's own airport.

Ikeja airport is for lagos state

Nice.

We have close to 500 acres near the proposed site. I intend to keep that land for as long as I am alive.
Ain't nobody in my family is selling one single plot to anyone.
We are keeping it for our unborn generations, my great grand parent kept it for us.

YesDaddyTill203:
Nice.

We have close to 500 acres near the proposed site. I intend to keep that land for as long as I am alive.
Ain't nobody in my family is selling one single plot to anyone.
We are keeping it for our unborn generations, my great grand parent kept it for us.

Do you have ed Title over it?
Cos LASG is acquiring land in that area, trying to control development in that axis.
Also, it's important to fight off encroachers.

Wickedfacts:


Do you have ed Title over it?
Cos LASG is acquiring land in that area, trying to control development in that axis.
Also, it's important to fight off encroachers.

We have the necessary papers. If they want to take ocer the land, they will have to compensate our family. The land is in a small town not too close to the airport but not too far either.

YesDaddyTill203:

We have the necessary papers. If they want to take ocer the land, they will have to compensate our family. The land is in a small town not too close to the airport but not too far either.

Good one.
That area will bloom massively in a few years.

Beautiful

Wickedfacts:


Same thing your fathers said when the infrastructure in Lagos were being built. Today, you are hawking gala there.

You see that airport, your descendants will hawk there.

But for a record, there are hybrid areas in that Lagos that only his brothers can afford to live with few of your tribal brother....

Some from Ekiti or Osun always dream of coming to Lagos to hawk Agbo .....but laziness has stopped that movement...

Good bless Nigerian
Good bless jagaban
Good bless sowo
Good bless Lagos

Ekooo ni bojeee