FAAN,3 Others Fail To Remit Operating Surpluses - FRC The Fiscal Responsibility Commission(FRC) has accused a number of agencies including the Nigerian Electricity Regulatory Commission and the Federal Airport Authority of Nigeria of failing to remit their operating surpluses to the Consolidated Revenue Fund of...

‘Huge Debts, Recruitment May Push FAAN Into Bankruptcy’ With huge debts running into over N30 billion and the recruitment of over 2,000 personnel in just one year, workers of the Federal Airports Authority of Nigeria (FAAN) have warned that the agency may become bankrupt. To revamp...

FAAN Suspends Service Disruption Plan In Three Airports The Federal Airports Authority of Nigeria has suspended the planned disruption of services in Gombe, Kebbi and Bebi airports over a combined debt of N808.6m. The General Manager, Corporate Communications of FAAN, Mrs Henrietta Yakubu, said the management...

In 2019, More Airports To Get International Certification – FAAN Following the certification of the Murtala Muhammed International Airport, Lagos and the Nnamdi Azikiwe International Airport, Abuja, more airports are set to be certified in 2019 by the Nigerian Civil Aviation Authority in line with...

FAAN To Sanction Agencies, Operators Over Debt   The Federal Airports Authority of Nigeria (FAAN) may sanction some government agencies and private airport operators over huge indebtedness to the agency, Daily Trust can report. This follows the expiration of the 30-day notice given to the debtors to...

Elysium to Invest N9.7bn on Infrastructure at MMIA Elysium Integrated Development Company (EIDC) has completed plans to invest N9.720 billion ($27 million) in a mass transit transportation at the Murtala Muhammed International Airport (MMIA), Lagos. This was disclosed by the Minister of State, Aviation, Senator Hadi...