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FG raised $500 million for Lagos airport after subsidy removal, Keyamo says

Nairametrics | Oct 5, 2026 12:50 PM EDT

The Minister of Aviation and Aerospace Management, Festus Keyamo, has said the removal of fuel and foreign exchange subsidies helped the administration of President Bola Tinubu raise about $500 million to reconstruct the Lagos airport and other aviation infrastructure within two years without borrowing.
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