Before the recent inauguration of the Gateway International Airport, expectations for Ogun State’s economy were modest, with limited projections for growth in internally generated revenue (IGR). However, Tunde Lemo, a former Deputy Governor of the Central Bank of Nigeria and a governorship aspirant, has now made bold predictions regarding the state’s financial future.

Following the airport’s inauguration on April 6, 2026, Lemo anticipates a significant rise in Ogun’s IGR. He stated that the airport is expected to facilitate the export of agricultural products, which could lead to a substantial increase in the state’s Gross Domestic Product (GDP). Lemo believes that if the project is successfully implemented, Ogun State could rank among the top three states in Nigeria for IGR within the next five years.

The direct effects of this development are expected to be profound. The Gateway International Airport is poised to enhance logistics, facilitate trade, and accelerate industrial development in Ogun State. Lemo emphasized the airport’s role as a transformative economic asset, not only for Ogun but for Nigeria as a whole.

During the inauguration, Lemo mobilized supporters to welcome President Bola Ahmed Tinubu, highlighting the collaborative effort behind this significant infrastructure project. He commended Governor Dapo Abiodun for his commitment to legacy infrastructure, reinforcing the importance of such projects in driving economic progress.

Lemo expressed optimism about the long-term impact of President Tinubu’s economic reforms, stating, “Mr. President’s reform agenda requires courage and consistency. I remain fully supportive of efforts aimed at repositioning Nigeria for sustainable growth and prosperity.” He believes that the airport will create jobs and boost commerce in Ogun State, further solidifying its economic potential.

Experts agree that the airport will strengthen Nigeria’s export capacity, particularly in agricultural produce, which is crucial for boosting the economy and increasing foreign earnings. Lemo remarked, “This is a remarkable achievement. It will help uplift exporting business which is highly needed to boost our economy and foreign earnings.”

As the state prepares for the upcoming 2027 governorship elections, the successful implementation of the airport project could play a pivotal role in shaping the political landscape. Lemo’s predictions and the airport’s potential impact on Ogun’s economy will likely be key topics of discussion among stakeholders.

Lemo concluded by thanking the people of Ogun State for their peaceful conduct during the President’s visit, emphasizing the importance of community support in achieving economic goals. The future of Ogun’s economy appears to be on the brink of transformation, with the Gateway International Airport at its center.

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