One of the challenges Nigerian aviation industry faces is infrastructural limitation, which has plodded the rapid growth of the sector. Our Correspondent reports that the inclination of government to embrace private sector investment in development of airport facilities may be the key to fast track development in the industry Over the years, inadequate or obsolete […]
Nigerian domestic carriers are set to bring in new aircraft, increase their fleet, but the challenge they face is that airport facilities are not expanding to accommodate more aircraft and increase in passenger traffic. The report notes that inadequate and obsolete airport infrastructure could retard growth of the aviation sector Recently, travel expert and the […]
*Sirika Urges CBN to Pay Airlines’ Blocked Funds, Make Forex Available to Oil Marketers to Import Aviation Fuel *Minister Calls for Review of COVID-19 Protocols to Enhance Air Travel President Muhammadu Buhari said that his administration has prioritised infrastructure development to spur the creation of jobs and boost the nation’s economy and has directed the […]
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 […]
Despite the recent decision of the federal government to concession airport facilities, the Federal Airports Authority of Nigeria (FAAN) has since adopted the system of partnering the private sector, a strategy that has gained traction about four years ago when the number of international airlines that operate into the country doubled. With the Nnamdi Azikiwe […]
