ENUGU, Nigeria (VOICE OF NAIJA)- Governor Babajide Sanwo-Olu of Lagos State has revealed the state’s intention to establish its commercial airline.
He disclosed the news during the Lagos West Senatorial District People’s Town Hall Meeting at the Balmoral Convention Centre, Sheraton, Ikeja.
It was gathered that the concept of a state-owned airline has been under consideration for several months, with the financing model in its final stages of determination.
Governor Sanwo-Olu assured that the business plan is viable, emphasizing that adequate knowledge about airline operations is crucial before implementation.
Responding to queries about why Lagos, a sizable state, does not yet have a commercial airline, Sanwo-Olu outlined the thoroughness of the planning process.
He explained, “The conversation has gone to an advanced stage, but we need to get the proper information on operations before we go ahead to implement the plan.”
Additionally, the governor announced that the long-anticipated construction of the Fourth Mainland Bridge is set to commence in the first quarter of the year, targeting a groundbreaking by the end of March or April.
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Sanwo-Olu acknowledged the need for creative financing for such a project and assured that the bridge construction would be executed in phases.
He also committed to ensuring fair compensation for landlords and tenants affected by the demolition of structures during the construction process.
“We’ve done extensive work on the bridge. But we are at the crossroads of where to get the real financing for that kind of project. We’ll need to be very very creative.
“Our commitment is that within this first quarter, meaning that by the end of March or April, we should break grounds to start the construction of the Fourth Mainland Bridge,” he added.