The Minister of Aviation and Aerospace Development Mr Festus Keyamo, in a recent briefing from the management of the Federal Airports Authority of Nigeria (FAAN) observed that there are so many potential opportunities for ramping up the revenue profile of the Agency.
To this end, the Minister has directed that these sources of revenue be explored to the fullest.
In line with this, he has set up a committee under the chairmanship of the Permanent Secretary of the Ministry of Aviation and Aerospace to look at three major areas of revenue generation: Advertisements at the Airports, Ticketing System at the FAAN Facilities, and Waivers on payment of FAAN Services.
He gave the committee four weeks to come up with a comprehensive report and proffer solution.