The Ministry of Aviation has explained that the designation of four international airports in Nigeria as special economic zones will help harness the socio-economic benefits derivable from civil aviation, generate revenues for government as well as create avenues to mobilise local and foreign direct investment for overall growth of the economy. The Ministry made this […]
Experts in the aviation industry have said the Federal Airports Authority of Nigeria (FAAN) can boost its revenue significantly by fully exploiting non-aeronautical revenue sources. FAAN generated about N30 billion last year, but about 80 per cent of its revenue came from aeronautical sources. But industry experts argued that the agency could boost its revenue […]
The House Committee on Aviation led by Honourable Nnolim Nnaji has resolved to set up subcommittee to interface with the Ministry of Aviation, the financial adviser, (FAD) and the project delivery team, (PDT) on the proposed airports concession by the Federal government. The subcommittee is to review the reports of the FAD and the PDT […]
The Federal Airports Authority of Nigeria (FAAN) assures all airport users that Nigerian airports under its management are fully ready to play host to air travellers during this Sallah celebrations. As part of our commitment to ensure safe, healthy and seamless facilitation of our highly esteemed passengers during the Sallah celebrations and beyond, the Authority […]
Aviation industry stakeholders have posited that concession is the only choice government have to attract private funds for the development of the airports It is becoming inexorably clear that the only option Nigeria has to develop its airports and deploy state of the art terminals, technology based facilitation utilities and synchronised security system is to […]
