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Home Business Travel

Lagos State to Establish Aviation Unit, Launch Airline

by Joan Aimuengheuwa
June 19, 2024
in Travel
1
Lagos State to Establish Aviation Unit, Launch Airline
Governor Babajide Sanwo-Olu

Governor Babajide Sanwo-Olu

UBA
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The Lagos State Government (LASG) is preparing to expand its aviation sector, with plans to establish an Aviation Unit within the Ministry of Transportation and subsequently, launch its own airline. 

Outlined in the recently revealed Lagos State Transport Policy, this development will help strengthen the state’s aviation hub in West Africa.

The newly created Aviation Unit will serve as Lagos’ primary platform for overseeing aviation activities. As highlighted in Section 4.11: Air Transport of the policy, Lagos’ growing involvement in aviation necessitates a dedicated body to manage its aviation interests. This unit will focus on three key areas:

  • Policy Implementation: The unit will lead the implementation of aviation-related policies established by the state government. This includes ensuring adherence to regulations and facilitating a safe and efficient aviation environment.
  • Collaboration and Capacity Building: The unit will work collaboratively with the federal government and private sector stakeholders. This could involve joint initiatives, knowledge sharing, and enabling stronger partnerships within the aviation industry.
  • Monitoring and Development: The unit will monitor the impact of aviation activities on Lagos’ economic, social, and environmental development. This data-driven approach will allow the state to assess the effectiveness of aviation strategies and adapt them for long-term benefits.

The Lagos State Transport Policy outlines a two-year timeframe for establishing the Aviation Unit, indicating the government’s commitment to swift implementation.

The policy also sheds light on the proposed Lekki International Airport, an infrastructure project that will enhance the aviation industry of Lagos. The plan involves partnering with the private sector to leverage expertise and resources for the construction and operation of the airport.

The Lekki Airport project is driven by the need to cater to the growing Lekki Peninsula. This area is experiencing a surge in residential, industrial, and tourism development, making air travel connectivity essential for its continued success. 

The policy states that the new airport would be strategically located to serve both Lekki residents and international travellers from nearby states who might find it more convenient than the existing Murtala Muhammed International Airport in Ikeja.

The Lagos State Transport Policy outlines a two-pronged approach for the Lekki Airport project:

  • Private Sector Participation: Within the next two years, the government will promote private sector investment in the financing, construction, and operation of the airport. This Public-Private Partnership (PPP) model is expected to attract huge investment and expedite the project’s timeline.
  • Feasibility Studies: Over the next two to five years, the government will continue conducting feasibility studies to optimize the development plan for the Lekki Airport under a PPP model. This approach will ensure the project’s long-term viability and economic benefits for Lagos State.

News reports from January 2024 revealed the possibility of a Lagos State-owned airline. Governor Babajide Sanwo-Olu reportedly confirmed that the state is finalizing plans for this venture, with discussions ongoing regarding financing models and operational contingencies. 

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Author

  • Joan Aimuengheuwa
    Joan Aimuengheuwa

    Joan thrives at helping individuals and businesses scale via storytelling...

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Tags: Governor Babajide Sanwo-OluLagos AirlineLagos Aviation UnitLagos State Government (LASG)Lagos State Transport Policy
Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

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Comments 1

  1. Chris says:
    12 months ago

    Just as we have FIRS and Lagos IGR, just as we have FEPA and LASEPA, we may have FAAN taxing one corner and Lagos Aviation agency taxing and collecting revenues. More taxes, more agencies, more revenue, more hardship for the masses

    Reply

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