The ₦712 Billion Lagos Airport Renovation in Context: A Global Look at Major Airport Upgrades
- Ewere Baffoe
- Aug 4, 2025
- 2 min read

The ₦712 billion investment earmarked for upgrading Terminal 1 (MM1) at Murtala Muhammed International Airport (MMIA) in Lagos is a landmark move that will modernize Nigeria’s busiest airport. This ambitious renovation aims to improve infrastructure, expand capacity, enhance safety, and elevate passenger experience to international standards.
When we look globally, massive airport upgrade projects are transforming travel hubs across continents. Outside the United States, some of the most significant airport projects underway put Nigeria’s investment into perspective. In Australia, Perth Airport is undergoing its largest-ever infrastructure project, valued at $5 billion, designed to bolster capacity and accommodate future growth. Western Sydney International Airport is another major project in Australia, aiming to provide a 24/7 curfew-free mega hub that will redefine air travel in the region.
Poland is building an entirely new Central Communication Port, a massive airport project that will serve as a major European hub, demonstrating large-scale investment in aviation infrastructure. Meanwhile, in Asia, Vietnam’s Long Thanh International Airport project is progressing with an initial phase costing nearly $5 billion to establish a new gateway expected to boost economic development significantly.
Closer to home, Nigeria’s ₦712 billion spend (approximately $500 million USD) on MM1 is substantial but fitting given the terminal’s importance. It is part of a global trend where countries invest billions to upgrade infrastructure and improve traveler capacity and comfort. New York’s JFK Airport is undergoing a $19 billion transformation with new terminals and expanded facilities, while other global hubs such as Hamad International Airport in Qatar were built at costs exceeding $15 billion.
The scale of these projects shows that investments in modern airports require significant funding to meet rising travel demands and evolving safety standards. In this light, the MMIA MM1 renovation is not only reasonable but necessary to maintain Nigeria’s position as a key aviation hub in West Africa. This project will enhance connectivity, drive economic growth, and prepare Nigeria’s flagship airport for the future of global travel.



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