N69 billion Osun airport to be partly ready in eight months – Contractor

Osun State Governor, Ogbeni Rauf Aregbesola

The contractor handling the MKO Abiola International Airport in Ido-Osun, Osun, on Thursday said that the first phase of the N69 billion project would be ready within eight months.

Nurudeen Ogunlade, the Chief Executive Officer of AWOL Group of Company in charge of the airport project, disclosed this at a news conference in Osogbo on Thursday.

The News Agency of Nigeria reports that Osun Government, on October 26, signed a concession agreement with AWOL for the construction of the airport.

“The concession agreement will be on “Build-Operate-Transfer” basis and to last for 30 years.”

The contract was first awarded on October 14, 2012 at the cost of N4.5 billion and was to be completed within eight months.

The contract was later reviewed to N11 billion.

Ogunlade said with construction of the airport, the economy and tourism potential of the state would be fully realised.

“The state’s tourism potential will not be fully realised without an international airport. And tourism is likely to be our foreign exchange earner for a long time to come.’’

Mr. Ogunlade said the airport project would provide about 10,000 jobs for youth during the construction period and 2,000 jobs after its completion.

He said that there would be a cargo and maintenance section as part of the airport structural design which would be one of its kind in the country and the West African sub-region.

“With the increasing alarm in agriculture food shortage in the country, the MKO Abiola International Airport will double up with manufacturing products and food bank warehouse cargo sector.’’

Mr. Ogunlade said the airport project was increased from N11 billion to N69 billion under the concession agreement due to its expansion and other modern facilities that were included.

He, however, said that the airport, which would be built on 839 hectares of land, would be funded 100 per cent by the company.

On his part, the State Commissioner for works, Kazeem Salami, said the airport would bring development to the state after its completion.



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  • Justice Equity

    Another Aregbewonder gimmick, just asking how this contractor is hoping to recoup his 64b from a bankrupt state like osun.
    APC is a congregation of intelligent looters and highly crafted scammers.
    Only God can save osun from the games of argbewonder and his band.

  • femi

    which 64 billion if you read well there will be small print that some money will come from the state no one in his right mind will invest 1 billion to build an airport in osun state

  • tsunami1earthquake

    I shall recommend that every village and every street corner in Nigeria be allowed to own its international airport in order to boost tourism on the sale of yams, cassava,and different suya formats in Nigeria! And these airports must operate on ‘build-operate-transfer’ basis; the final transfer to each of these villages and street corners.

  • princesstar57

    Great development, increase of tourist in the state, then more investors to help develop the state. This MKO Abiola plan is a great one, and not to forget the partnership with a Turkish body makes it better to help increase the number of investors to the state.