Tuesday, October 27, 2026
  • Share your story
  • About
  • Contact
Economy FootPrint
  • Home
  • News & Politics
  • Opinion
  • Finance & Economy
  • Aviation
  • Editorial
  • Transport & Blue Economy
  • Features | Analysis
  • Health | Environment
Economy FootPrint
Home Aviation

FG set to optimize FAAN’s revenue generating capacity

EconomyFoot Print by EconomyFoot Print
September 1, 2023
in Aviation, Top News
Reading Time: 2 mins read
0
Share on FacebookShare on Twitter

The Minister of Aviation and Aerospace Development, Festus Keyamo (SAN) has expressed FG desire to optimize the generating capacity of the Federal Airports Authority of Nigeria (FAAN).

Speaking during the facility visit of the Lagos Airport, Keyamo said 60% revenue of FAAN comes from Lagos and as such the new terminal should be used optimally, a statement by Odutayo Oluseyi, the Head Public Affairs of the Ministry said.

Related posts

Troops Neutralise 8 Terrorists, Rescue 3 Victims In Katsina, Kaduna, Zamfara

Troops Neutralise 8 Terrorists, Rescue 3 Victims In Katsina, Kaduna, Zamfara

October 27, 2026
Troops Neutralise 15 Terrorists in Precision Air Strike in Borno

Troops Neutralise 15 Terrorists in Precision Air Strike in Borno

October 25, 2026

He said the new terminal has 60 check-in point and can accommodate much traffic.

Stating that the old terminal should undergo complete overhaul, he noted that the central cooling system is not working, and a lot of dilapidation needs to be fixed. He further directed that all airlines in the old terminal should move their check in counters to the new terminal within 3 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. He 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.

Previous Post

Your Performance Will be Monitored – Gov. Alia Tells Commissioners

Next Post

Suspension of Nigeria Air by Keyano Raises Legal, Doing Business Concerns

Next Post
Who Will Liberate Air Travelers From the Grip of Nigerian Airline Operators?

Suspension of Nigeria Air by Keyano Raises Legal, Doing Business Concerns

Please login to join discussion

RECOMMENDED NEWS

Nigerian Navy Arrests Vessel For Crude Oil Theft in Akwa Ibom

Nigerian Navy Arrests Vessel For Crude Oil Theft in Akwa Ibom

3 months ago
When Courage Is Not Enough: Inside Nigeria’s Push For Smarter War On Terror

When Courage Is Not Enough: Inside Nigeria’s Push For Smarter War On Terror

2 weeks ago
Ponzi: SEC Seals Offices of Stockmatch over Illegal Investment Activities

SEC bans marketing, promotion of Dangote Refinery’s IPO

4 months ago

New Naira Notes: Senate, Reps wants deadline extended

4 years ago

FOLLOW US

  • 86.2k Followers

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

BROWSE BY TOPICS

2023 Benue Budget Abuja-Kaduna Rail Access Corporation Access pension airports concession Aviation Ayu Benue Budget Benue Community Buhari Business CBN Central Bank Dana Air Economy FGPL Herdsmen Herdsmen attacks insecurity insurance Maritime Min of Transport MSMEs NAICOM NCAA Nigeria Nigeria -Cameroon Border Post Nigeria Air NRac Onne Port ooh Orrom Ortom PDP PenCom pension Railway Sambo Jaji Transcorp Transcorp Group Transcorp Hotels Plc UBA Ukohol Wike Wildon Ideva

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Economy Footprint

The EconomyFootprint is published by Ideas Tent Communications Ltd®. All Rights Reserved.

Follow us on social media:

Recent News

  • National Park Service Seeks Stronger Collaboration With Environmental Journalists To Expose Illegal Activities
  • Nigerian Breweries PLC boost WISE Roadmap to Brighter Future and the future of work with a DIGITAL LEARNING CENTRE
  • Troops Recover Arms Cache In Benue After Intelligence-Led Operation

Category

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Recent News

National Park Service Seeks Stronger Collaboration With Environmental Journalists To Expose Illegal Activities

National Park Service Seeks Stronger Collaboration With Environmental Journalists To Expose Illegal Activities

October 27, 2026
Nigerian Breweries PLC boost WISE Roadmap to Brighter Future and the future of work with a DIGITAL LEARNING CENTRE

Nigerian Breweries PLC boost WISE Roadmap to Brighter Future and the future of work with a DIGITAL LEARNING CENTRE

October 27, 2026
No Result
View All Result
  • Home
  • Politics
  • News
  • Sports
  • Opinion