Public Management

Nigeria: Govt announces construction of 10 new airports

Nigeria: Govt announces construction of 10 new airports
Thursday, 29 October 2020 16:50

The government of Nigeria says it has plans to build ten new airports across the country. This was announced this week by Hadi Sirika (pictured), the Minister of Aviation. 

According to the official, the new plan aims at boosting civil aviation and improving the performance of the Nigerian aviation sector which has already undergone several restructuring attempts in recent years. The new infrastructure will be implemented in several states of the country, including Anambra, Benue, Ekiti, Nasarawa, Ebonyi, and Gombe. In the states of Kebbi, Osubi, and Dutse, the existing airports will be refurbished.

The strategy is part of the recovery plan for the Nigerian air sector implemented since 2015 by the administration of President Muhammadu Buhari. “From 2015 till now, we’ve seen a lot of growth in civil aviation, the number of airports is increasing. So far, about seven airports have been added to the map, some of them completed, others under construction,” he said.

Last week, the official said the government's goal is now to double the number of airports in the country from 31 to 62 by 2023. For 2021, his ministry will benefit from a capital budget of 89.97 billion naira ($236 million). “We will not leave this government without having it in place,” he said.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
29 African currencies weaken amid Middle East war, oil surge Rising import costs, debt pressures fuel inflation, food risks Institutions urge...
New Casablanca-based firm targets M&A, capital raising, and strategic advisory Launch reflects rising demand for specialized financial advice in...
Bank of Africa proposes 1.091 billion dirham capital increase via bonus shares Board also suggests higher dividend of 5 dirhams per share Strong 2025...
BRVM plans first ETFs and derivatives on UEMOA market Delegation visits Nigeria’s NGX to learn from its experience Move aims to boost liquidity,...
Most Read
01

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
02

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
03

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
04

A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...

Mitsubishi, Toyota Buy Options on Africa's Next Startups
05

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.