Who Really Owns Ogun’s Gateway Agro-Cargo Airport? Funding and Concession Terms Still Hidden

The Gateway International Agro-Cargo Airport in Iperu-Remo has commenced passenger operations after tens of billions of naira in public spending. Yet the structure of its funding and private involvement remains undisclosed. Allied Air and SAHCOL are linked to ground handling services rather than equity ownership. Logistics firm SIFAX Group has shown interest, but no formal investment or concession agreement has been confirmed. Crucial details have not been released by the Ogun State Government. The identity of any private investors, revenue-sharing terms, concession duration, and procurement processes remain unknown. Observers warn that a “build first, concession later” approach could shift long-term profits to private operators after the state funds most construction costs. They insist on full transparency to protect public interest.

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