FEC Approves ₦987 Billion for Nationwide Airport Upgrades

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Chiefs of the Federal Executive Council (FEC) have sanctioned a massive infrastructure upgrade—approving ₦987 billion to overhaul airport facilities across Nigeria. The move signals a strategic push to modernize air transport as part of a broader economic recovery efforts.

Upgrading airports is a major boost for Nigeria’s post-pandemic economic rebound. It promises to enhance connectivity, reduce travel delays, and support tourism and trade. With such a substantial budget, strategic deployment and transparent oversight are critical.

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• Today (Aug 10, 2025): FEC approved contracts totaling ₦987 billion under the Renewed Hope Infrastructure Development Fund for widespread upgrades of airport infrastructure across the nation.
• The scope includes modernization of terminals, runway resurfacing, and improving aviation safety and passenger capacity.

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“The Federal Executive Council has approved contracts worth N987 billion for extensive infrastructure upgrades at airports across Nigeria.” — Agency Report summary, FEC approval statement

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Airport infrastructure across Nigeria has long grappled with delayed upgrades, overcrowding, and outdated safety systems. This investment—framed under the government’s Renewed Hope initiative—could be pivotal in addressing bottlenecks and reinforcing Nigeria's regional status as an aviation hub.

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Aviation analysts estimate that modernizing just five major airports could trigger a 15% rise in regional traffic, potentially adding $200 million annually in tourism-related revenue. Embedding public–private partnerships could ensure efficiency and maintenance standards.

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Follow-up coverage should track which airports are prioritized, tender processes’ transparency, and projected timelines. Stakeholders—including airlines, aviation unions, and passengers—will be watching closely for tangible improvements.

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• Federal Executive Council approval report — Premium Times

Read more...

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By Streaming Naija Network || SNN—Updated: 2025-08-09 16:00 WAT — Contact: ✉️📨 streamingnaija@gmail.com/naijastreaming@gmail.com/@streamingnaija on social media platforms.

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