FG To Enhance FAAN’s Revenue-Generating Capacity

FAAN Keyamo
The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo (second from left) and the managing director, Federal Airport Authority of Nigeria, Mr. Kabir Mohammed flanked by other officials during the facility tour in Lagos.

The Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, has announced the Federal Government’s commitment to optimising the revenue-generating capacity of the Federal Airport Authority of Nigeria (FAAN).

During a facility visit to the Murtala Muhammad International Airport, Lagos, Keyamo emphasised the importance of leveraging the new terminal to enhance FAAN’s revenue. He pointed out that 60 per cent of FAAN’s revenue is generated in Lagos, underscoring the need to maximise the new terminal’s potential. The state-of-the-art terminal is equipped with 60 check-in points and can efficiently accommodate high passenger traffic.

Regarding the old terminal, Keyamo emphasised the necessity for a comprehensive overhaul. He noted that several components, including the central cooling system, are non-functional and significant refurbishments are required. As part of his directives, he instructed all airlines operating in the old terminal to relocate their check-in counters to the new terminal within three months.

The minister also addressed the ongoing concession of airports and the Nigeria Air project. He indicated that these initiatives would be temporarily suspended until he briefs the President on his findings.

Keyamo expressed his commitment to supporting local airlines while expecting them to enhance their efficiency and effectiveness. He emphasised that issues related to flight cancellations and delays would be scrutinised and relevant regulations would be enforced. Additionally, he directed the owners of unserviceable aircraft to remove them from the apron to facilitate apron expansion.

To create space for the expansion of the new terminal, Keyamo indicated his intention to engage with the owners of private hangars within the area to explore the possibility of relocating their facilities.

Oluchi Okorafor
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