| The Lagos State Government is to spend 650 million US $ on the establishing the New Air Port name call Lekki International Airport which is expected to inaugurate in May 2012. Lagos Airport Development Company (“LADC”) solely for the purposes of managing the development of the proposed Lekki Airport. The primary objective for the development of the Lekki airport is to complement and support the Murtala Mohammed International Airport ("MMIA”), the only functional international Airport in Western Nigeria. Additionally, it is the state’s desire for the airport to develop into the a new core for business and travel in the west African region, creating an surroundings of excellence for national, regional and international companies. |