FAAN Remits 16.7bn To FG, Proposes N188bn 2022 Budget   The Federal Airports Authority of Nigeria (FAAN) has remitted N16.7 billion into the consolidated revenue fund of the Federation Account for the year 2021, the authority has disclosed. The Managing Director of FAAN, Capt Rabiu Yadudu, said...

FAAN Targets 30% Revenue Increase   The Managing Director, Federal Airports Authority of Nigeria (FAAN) Captain Rabiu Hamisu Yadudu has said the authority will grow its revenue by 30 per cent by the second quarter of the year. Part of the strategy to achieve this new move,...

Lawmakers Give FAAN Three Weeks To Remove Abandoned Aircraft From Airports   The House of Representatives has urged the Nigerian Civil Aviation Authority and the Federal Airports Authority of Nigeria to ensure that abandoned and non-functional aircraft are “immediately removed from all airports across the country...

Senate Summons FAAN MD Over N1.5bn Indebtedness To NiMeT           The Senate has summoned the Managing Director of the Federal Airport Authority of Nigeria, Rabiu Yadudu, to explain his agency’s alleged failure to remit N1.5bn meant to be the the internally generated revenue of the Nigeria...

COVID-19 Crashed Airports’ Revenue To 3% – FAAN             The outbreak of the COVID-19 pandemic led to the crash of airports revenue to as low as three per cent, the Federal Airports Authority of Nigeria stated on Thursday. Managing Director, FAAN, Capt. Rabiu Yadudu, stated this while...

Concession To Leave $1bn Repayment Loan For FAAN - Aviation Workers       The Federal Airport Authority of Nigeria would be put at a disadvantage of bearing a $1bn repayment loan if the Federal Government continues with its concession policy, the unions of airport workers said on...