Copyright Commission, FAAN Sign MoU To Curb Sale Of Pirated Books, DVDs At Airports   The Nigerian Copyright Commission (NCC) has signed a memorandum of understanding (MoU) with the Federal Airports Authority of Nigeria (FAAN) to curb the sale of pirated materials at the nation’s airports...

Nigeria Lost N1.04trn Aircraft Repairs In Foreign Countries – FG   Nigeria lost $2.5bn (about N1.04tn at the official exchange rate of N415.63/$) to other countries in 2021 for the Maintenance, Repair and Overhaul services on Nigerian aircraft and other facilities, the Federal Government announced on...

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...

FAAN Generated N30bn Revenue In Nine Months         The Federal Airports Authority of Nigeria said it generated N30bn as revenue between January and September 2020. The Managing Director, FAAN, Captain Rabiu Yadudu, disclosed this on Tuesday when the House of Representatives Committee on Aviation led by its...

Local Airlines’ Debt Burden Hits N22bn       Minister of Aviation, Hadi Sirika, yesterday, disclosed that the local airlines’ total debt burden to regulatory agencies stood at N22 billion. A breakdown showed the sum of N19.37 billion and $6,993,284 million (N2.7 billion) as unremitted Ticket Sales Charge...

FAAN Laments 95% Revenue Decline, Implements New Charges       The Federal Airports Authority of Nigeria on Thursday said its revenue had dropped by over 95 per cent in the wake of the lockdown declared to curtail further spread of COVID-19. The Managing Director of FAAN, Rabiu Yadudu,...