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The Ogun State Government, Federal Ministry of Aviation, and other stakeholders will, this week, meet on the planned concession of the Gateway Agro-Cargo International Airport.
The airport, located in the Iperu-Ilishan axis of the state, is nearing completion with aircraft already landing at the location.
The Ogun State Governor, Prince Dapo Abiodun speaking on a Channels TV programme on Sunday evening, disclosed that efforts by the state government to recoup every penny expended on the airport would begin with the take-off of the concession agreement.
Abiodun said because of the world-class facilities available at the airport, the state government had received many concession offers.
He said, “Returns on airport investments are not seen overnight. We have been receiving unsolicited offers from others who are desirous of concession of this airport and paying us back everything the airport costs us.
“So, for us, our money has worked. We invested in building this airport to de-risk it because we realised that if we had gone ahead and advertised for others to come and build this airport for us, we probably would only have started building it at the end of our second term. So, we decided to bite the bullet. We invested. We have built that airport.”
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