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FG Releases N5bn Aviation Bailout, Bars 22-year Aircraft From Nigeria

FG Releases N5bn Aviation Bailout, Bars 22-year Aircraft From Nigeria       The Permanent Secretary, Federal Ministry of Aviation, Hassan Musa on Monday told the House of Representatives that the Federal Government had released N5bn out of the N26bn approved as COVID-19 intervention fund for the aviation...

FG Loses $90m Yearly To Lagos Airport Concession — Reps

FG Loses $90m Yearly To Lagos Airport Concession — Reps         The House of Representatives has said the federal government loses over $90 million annually due to alleged shady deals involved in the concession of the local and international wings of the Murtala Muhammed Airport, Lagos...

Local Airlines Rebound With Traffic Surge

Local Airlines Rebound With Traffic Surge       Despite the operational hiccups facing the sector, local airlines have recorded a marginal rebound in business, recording improved passenger patronage across networks. And in response to the uptake, some of the carriers are opening new routes and reactivating old ones...

United Nigeria Airline‘ll Boost Our Revenue, Says FAAN

United Nigeria Airline‘ll Boost Our Revenue, Says FAAN         The Federal Airports Authority of Nigeria, FAAN, has said that the coming of a new airline; United Nigeria, has increased the number of domestic flights at the Akanu Ibiam International Airport, AIIA, Enugu to seven airlines. FAAN also...

Poor Documentation Stalls N120bn FAAN Pension Funds

Poor Documentation Stalls N120bn FAAN Pension Funds         The Association of Nigeria Aviation Professionals (ANAP) yesterday raised the alarm over how poor documentation of financial records is serving as a stumbling block denying workers of the Federal Airports Authority of Nigeria (FAAN) from accessing their over...

FAAN Implements Cashless Policy To Reduce Leakages

FAAN Implements Cashless Policy To Reduce Leakages         The Federal Airports Authority of Nigeria has promoted a cashless policy to optimise its revenue collection and reduce leakages. The Managing Director of FAAN, Captain Rabiu Yadudu, said this during the House Committee on Aviation visit to the agency’s...