FG Re-strategizes To Optimize FAAN’s Revenue Generating Capacity, Suspends Airports Concessioning

Minister of Aviation and Aerospace Development, Festus Keyamo SAN, has suspended further processes towards concessioning of the nation’s airports.

Further, he indicated that the Federal Airports Authority of Nigeria (FAAN) would be repositioned to effect its optimum revenue generation capacity.

The Minister who spoke while on facility visit of the Lagos Airport observed that 60% revenue of FAAN comes from Lagos and as such the new terminal should be used optimally, adding that the new terminal has 60 check-in points and can accommodate much traffic.

Stating that the old terminal should undergo complete overhaul, he lamented on the state of dilapidation as the central cooling system was not working.

Keyamo in a statement by the Head, Press and Public Affairs, Odutayo Oluseyi, further directed that all airlines in the old terminal should move their check in counters to the new terminal within three months.

On concessioning of the airports and Nigeria air project, the Minister said all will be put on hold (suspended) until he briefs Mr. President on his findings.

He stated that in as much as he is willing to protect the local airlines, he expects them to be more efficient and effective, noting that issues of flight cancellation and delays will be looked into and laws enforced where necessary.

Keyamo further directed the removal of unserviceable aircraft by the owners for expansion of Apron.

To give space for the expansion of the new terminal to accommodate bigger aircraft, Keyamo said he will discuss with owners of private hangers within the space for possible relocation of their hangers.