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Tag: Federal Airports Authority of Nigeria (FAAN)

FEC Approves N59.35bn For Aviation, Roads Projects

FEC Approves N59.35bn For Aviation, Roads Projects         The Federal Executive Council (FEC) on Wednesday approved N59.350 billion for roads and aviation projects across the country. Three ministers – Babatunde Fashola (Works and Housing), Alhaji Lai Mohammed (Information and Culture), on behalf of Senator Hadi Sirika (Aviation)...

Aviation: Recovery In Sight As Local Airlines Scale Up Operations

Aviation: Recovery In Sight As Local Airlines Scale Up Operations         At least three local airlines have shown signs of early recovery from COVID-19 lockdown, with the reopening of closed routes and additional frequencies on traditional routes. As of yesterday, airlines like Dana Air, Air Peace and...

FAAN Disrupts Airlines’ Operations Over Debts

FAAN Disrupts Airlines’ Operations Over Debts       The Federal Airports Authority of Nigeria (FAAN) recently disrupted the operations of airlines indebted to the agency by delaying the operations of two airlines at the Nnamdi Azikiwe International Airport, Abuja. FAAN officials closed the counters of the two...

Aviation Ministry, Agencies Fix N4bn For Accommodation

Aviation Ministry, Agencies Fix N4bn For Accommodation       The Federal Ministry of Aviation and its agencies will spend N4 billion for procuring the corporate headquarters building and staff accommodation in Abuja. The agencies include the Nigeria Civil Aviation Agency (NCAA), the Federal Airports Authority of Nigeria (FAAN),...

‘18 Unviable Airports Account For N65bn Revenue Shortfall’

‘18 Unviable Airports Account For N65bn Revenue Shortfall’       The Federal Airports Authority of Nigeria (FAAN), has blamed unviable airports scattered nationwide for its poor earnings and revenue shortfall over the years, now in excess of N65 billion. Management of FAAN, while appearing before the House of...

Firm Builds N250m Facility At Lagos Airport

Firm Builds N250m Facility At Lagos Airport       An indigenous firm, Free On Board, is to build a N250 million packaging factory at the Lagos Airport for goods and logistics, in partnership with the Handling Company (NAHCO) and other international partners. The factory, according to the firm’s...