The Lagos State Government (LASG) is set to bolster its aviation sector by creating a dedicated Aviation Unit within the Ministry of Transportation.
This strategic move will pave the way for the launch of a state-owned airline, aimed at enhancing regional connectivity and economic growth.
According to techeconomy.ng, 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.
READ: Africa: Lagos Govt. Gets Support For Lekki Airport from Chinese Company, CACC
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.
