FG inaugurates committee to expand revenue in FAAN

The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, has inaugurated a committee to explore more revenue potentialities in the Federal Airports Authority of Nigeria (FAAN).

Keyamo disclosed this in a statement issued by Mr Abdulahi Yakubu-Funtua, FAAN Director, Public Affairs & Consumer Protection, in Lagos on Friday.

The News Agency of Nigeria (NAN) recalls that the directive is sequel to the minister’s tour of facilities on Thursday at the Murtala Muhammed Airport, Lagos.

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Keyamo said in the course of receiving a briefing from the FAAN management that he observed that there were many potential opportunities for ramping up the revenue profile in the agency.

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The minister said the committee had four weeks to come up with a comprehensive report on its findings.

“I have set up a committee under the chairmanship of the ministry’s Permanent Secretary, Dr Emmanuel Moribole.

“The committee is to look at advertisements at the airports, ticketing system at the FAAN facilities, and waivers on payment of FAAN services.

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“I have directed that these sources of revenue be explored to the fullest.

“The committee has four weeks to come up with a comprehensive report and proffer solutions,” he said. (NAN)