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Lagos Signs MoU for Lekki-Epe International Airport with Summa Group

Lagos Signs MoU for Lekki-Epe International Airport with Summa Group

Benita OrumabyBenita Oruma
1 year ago
in Government
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The Lagos State government has signed an Memorandum of Understanding (MoU) with Summa Group, an internationally recognized construction company for the construction and development of the much-anticipated Lekki-Epe International Airport. Governor Babajide Sanwo-Olu announced the signing on his X handle on Saturday, where he emphasized the importance of the project.

The Construction of the Lekki-Epe International Airport is a significant decision taken by the Lagos State government toward boosting the state’s infrastructure and economic potential. Governor Sanwo Olu emphasized its strategic importance, stating that the project will enhance connectivity, stimulate economic growth, and attract global investments.

Lagos Signs MoU for Lekki-Epe International Airport with Summa Group

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  • A Game-Changer for Lagos Economy
  • Bottom Line

A Game-Changer for Lagos Economy

According to the governor, the Lekki-Epe International Airport is designed to facilitate seamless travel, reduce congestion at the Murtala Muhammed International Airport, and unlock new opportunities for businesses and residents across the state. Given its strategic location within the Lekki Free Trade Zone, the airport is expected to serve as a catalyst for increased trade, tourism, and industrial expansion.

Sanwo-Olu stated:

“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 Lekki-Epe International Airport will facilitate travel and create new opportunities for businesses and residents throughout the state. Lagos leads, always.”

Bottom Line

The Lekki-Epe International Airport is set to be a transformative project in Lagos State even as the state positions itself as a global economic hub. The project, once completed, will ease travels in the axis while also facilitating business expansion, job creation, and foreign investment, solidifying Lagos as a powerhouse in Africa’s aviation and commercial landscape.

Tags: federal characterlagosLekki-Epe International AirportMOUNewsNigeriaSumma Group
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Benita Oruma

Benita Oruma

Benita Oruma is a lawyer in training, a 400 level student in the university of Ibadan. She is a content writer with interest in corporate affairs and the marketplace.

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