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Ogun State is finally waking up from her slumber

Reporter by Reporter
November 28, 2023
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Ogun State is finally waking up from her slumber
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*Strategic Moves: Aviation Ministry and Stakeholders Chart the Course for Gateway Agro-Cargo Airport Concessioning in Tuesday’s Meeting*

In a significant stride towards economic prosperity, Ogun State is set to embark on the concessioning of the Gateway Agro-Cargo International Airport. The announcement was made by Governor Prince Dapo Abiodun during a recent interview on a Channels TV program. This move, scheduled for Tuesday this week, involves collaborative efforts with the Federal Ministry of Aviation and various stakeholders.

Situated in the Iperu-Ilishan axis of the state, the Gateway Agro-Cargo International Airport is nearing completion, with aircraft already making successful landings. Governor Abiodun, in his discussion on Channels TV, highlighted the state government’s commitment to recouping the investment made in the airport, signaling the commencement of the concessioning agreement.

Governor Abiodun emphasized the foresight behind the state’s decision to build the airport independently. He revealed that the motivation was to de-risk the project and expedite its development, avoiding potential delays associated with outsourcing the construction. The governor’s remarks underscored the world-class facilities at the airport, attracting unsolicited offers for concessioning due to the standard maintained during construction.

“Returns on airport investments are not seen overnight,” Governor Abiodun remarked, emphasizing the long-term vision behind the airport project. He revealed that multiple concessioning offers were received from entities willing to pay the entire cost incurred by the state. Ultimately, the state accepted an offer from a third party with experience managing airports in Africa.

The completion and concessioning of the Gateway Agro-Cargo International Airport are expected to usher in a new era of economic growth for Ogun State. The infrastructure boost will attract investments, create job opportunities, and stimulate economic activities. The revenue generated from the concession can be channeled into other developmental projects, contributing to the overall welfare of the state’s residents.

With the airport set to become operational under new management, Ogun State is poised to enhance its global connectivity. The focus on cargo operations aligns with the increasing importance of efficient logistics in global trade. The strategic location of the airport could turn Ogun State into a trade hub, facilitating smoother import and export processes.

As the governor prepares to sign the concession agreement on Tuesday with the Minister of Aviation and other stakeholders, the Gateway Agro-Cargo International Airport stands as a testament to Ogun State’s commitment to visionary development. The project not only symbolizes infrastructure progress but also signifies a strategic approach to economic growth, putting Ogun State on the map as a key player in Nigeria’s aviation landscape.

In conclusion, the Gateway Agro-Cargo International Airport represents a transformative project for Ogun State, with its completion and concessioning poised to unlock a myriad of economic opportunities, foster global connectivity, and propel the state into a new era of sustainable development.

By: Tayo Mabeweje

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