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The Federal Airports Authority of Nigeria (FAAN) has set up a committee to map out plans to boost revenue generation for the agency, especially from non-aeronautical business.
Managing Director of FAAN, Mr. Saleh Dunoma, disclosed these to aviation journalists at the week in an interview at the agency’s headquarters at the Murtala Muhammed Airport (MMA), Lagos.
Dunoma said that it was high time FAAN diversified it’s revenue generations away from aeronautic services (like taxes and incomes paid by airlines for use of airports) to non-aeronautic services like hotels, car parks, shopping malls, tourism, among others.
Dunoma said other airports around the world were making more money from non-aeronautical sources than aeronautical sources.
He said the committee would fashion out modalities on how FAAN would boost its non-aeronautical revenue.
He declared that FAAN as an agency could not be left behind in development of its airport infrastructure, stressing that the only way to achieve this was for it to diversify its revenue generation and tap into the myriad of opportunities in the system.
He said: “What we intend to do is to diversify our revenue sources. In Africa, we have not tapped into non-aeronautical sources and we are encouraging African airports to look at non-aeronautical revenue sources of revenue because aeronautical sources of revenues have limitations; they are highly dependent on flight operations.
“The non-aeronautical revenues are being developed so much that they can be in pari-passu with the aeronautical sources of revenues. This is what we want African airports to develop.”
He explained further that before the end of the year, Aviation Security (AVSEC) personnel would have been approved to bear arms in order to increase their surveillance of the sector.
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Wow, this is a good development.
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Have never been to Airport before so I don't know what's going on
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I believe, these will also help in massive development of the country
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Nice development
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Thanks for this beautiful information taking note
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This is a very great development....despi de d kind of government we have
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Government should please keep our airports in good working condition
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It's a good idea.
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Nice development
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Fantastic
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Nice update
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Nice update
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Sounds like a really brilliant idea it could bosst the country's economy too and generate more revenue
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Am so oo proud of my country. ...so they could do this all along ...am solo happy
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Don't really understand the whole concept but if it will create more job opportunity better
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We need more it
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Very true
Vital information
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Interesting update
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Am afraid to enter it
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This I a welcomed development but I would be very happy, when it is been implemented.. not just suggested.
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thanks for the update
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Am very happy to read this at least it's a change
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Good idea
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That would be an amazing idea
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This is a very great development....despi de d kind of government we have
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This is a very big and bold step to take but I'm not really sure that Nigerians can do this because diversifying into non aeronautics is really complicated
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It's about time the FAAN got it's priorities right. Hopefully we'd see how well their plans would work if it's not another device to embezzle funds. Seeing that plan through would be a great development though.
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Good concept and I pray it create more jobs opportunities because that's all that matters after all. One love ❤️
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Spectacular
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Nice one
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Good too
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Nice idea may God help them fulfill iy
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I really like this post and I am interested in more information
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I think if the government are focus nd cooperative enough they will get a better result and improve the air peace problem
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Nyc
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May God support ooo
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Yea
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Good development tho
If they can work on it sha would be great!
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Nigeria my country...this new concept is a good idea at least it will reduce unemployment in nigeria
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May god help them sha nice post keep it up
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Nice update ..there should be more news like this one right here
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Nice one
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Wow
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It good such development could actually be brought to Nigeria airport also
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the idea look so very cool but God help us if they can use it bcos it a thing to think of it another thing to be able to do it
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The Nigerian government are trying very well in this aspect
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This is really a great idear from the FAAN boss. Nice and Interesting write-up
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Nice idea, I hope it works
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We really hope they get inspired more to do the others
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This is a very useful and helpful update. Thanks for sharing the knowledge. Very captivating writeup
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This is interesting,non Aeronautical service,it will be perfect.
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Wow this is going to be very nice and okay
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Improvement
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I pray so
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It is interesting at least is adding value to Nigeria standard as a whole
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This is a great development to Nigeria
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This is a sensitive post really making sense
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