The Lagos State Government has signed a Memorandum of Understanding (MoU) with Summa Group, an international construction company, for the development and construction of Lekki-Epe International Airport.
Governor Babajide Sanwo-Olu announced the agreement on Saturday via a post on X, describing it as a major step toward improving connectivity, fostering economic growth, and attracting global investment to Lagos.
“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,” Sanwo-Olu stated.
“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 emphasised that the airport would ease travel and create new opportunities for residents and businesses across the state.
Plans for the new airport were first announced on October 7, 2022, with the Lagos State Government stating that the project would be sited on 3,500 hectares of land in the Lekki-Epe corridor.
Jubril Gawat, Senior Special Assistant (SSA) to the Governor on New Media, previously revealed that the project was expected to commence in 2023, with the master plan and aeronautical designs already completed. He added that studies were underway to determine funding strategies and other key considerations before taking the project to the marketplace.
The airport, which is designed to accommodate a minimum of five million passengers annually, will be developed through a public-private partnership involving both local and foreign investors.
On January 25, 2024, Sanwo-Olu reiterated that the state was preparing for the project’s groundbreaking and that necessary federal approvals were under consideration.
