The Federal Airports Authority of Nigeria seeks revenue boost for airport infrastructure

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The Federal Airports Authority of Nigeria (FAAN) announced that it has set up a committee to highlight plans to boost non-aeronautical revenue, to upgrade airports’ infrastructure nationwide.

Saleh Dunoma, the Managing Director of FAAN,  told reporters that it was time airport authorities on the continent diversified their revenue generations, away from aeronautic to non-aeronautic, like major airports around the world.

Dunoma, who chairs the new committee, said it consists of relevant directorates and departments responsible for revenue generation for FAAN, and would come up with a roadmap to enhance revenues for the agency. He said FAAN would not be left behind in development of its airport infrastructure, stressing that the only way to achieve this is to tap into the myriad of opportunities in the system.

The Managing Director explained that aside from Nigeria, other airport authorities across the continent were also deliberating on how to increase their non-aeronautical revenue services, which formed the theme of this year’s Airports Council International (ACI) meeting recently held in Egypt.

Dunoma said “in Africa, we have not tapped into non-aeronautical sources and we are encouraging African airports to look at non-aeronautical revenue sources. Because, aeronautical sources of revenues have limitations; they are highly dependent on flight operations”.

He added that “the non-aeronautical revenues are being developed so much that they can go along with the aeronautical sources of revenues. This is what we want African airports to develop. Some papers were presented to guide African airports to develop that area”.

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