The announcement was on Thursday made during the comprehensive presentation of the administration’s achievements in the West of Lagos at the Lagos West Senatorial District People’s Town Hall Meeting.
The state government is also preparing to kickstart the construction of a new airport in Lekki.
According to Sanwo-Olu, the idea to have a state-owned airport has been in deliberation for several months. He said the state is in the final stages of determining the financing model for the project.
Asked why a state as big as Lagos does not have a commercial airline yet, Sanwo-Olu said the plan is in the works.
“Over the last five months, the Deputy Governor and I have been working to put a concise plan together for the establishment of an airline, but we did not make the plan open because of the need to get adequate knowledge about the operational procedures of airlines.
“The business plan is viable and there is no issue about financing. The conversation has gone to an advanced stage but we need to get the proper information on operations before we go ahead to implement the plan,” Sanwo-Olu said.
The governor also said that the construction of the long-awaited 37km Fourth Mainland Bridge will begin by the end of March or April.