Categories: BusinessNews

FAAN resumes cargo revenue collection at Lagos airport after 15 years

The Federal Airports Authority of Nigeria (FAAN) has resumed direct revenue collection at the cargo terminals of Murtala Muhammed International Airport (MMIA), Lagos, ending a 15-year break.

In a statement on Saturday, FAAN’s Director of Public Affairs and Consumer Protection, Obiageli Orah, said officials from the Directorate of Cargo Development and Services have been deployed to the Nigerian Aviation Handling Company (NAHCO) and Skyway Aviation Handling Company (SAHCO) warehouses to monitor real-time cargo charge collections.

The authority explained that the move is aimed at plugging revenue leakages, improving transparency, and strengthening accountability in cargo operations.

Working with the PTC Customs Area Command, FAAN noted that the initiative has already enhanced efficiency in the air cargo value chain.

Describing the development as a “landmark achievement,” FAAN said the breakthrough at MMIA would be replicated across other airports as part of efforts to optimise cargo operations and generate new revenue streams for the aviation sector.

LUKMAN ABDULMALIK

Recent Posts

Tinubu fulfils Birnin Gwari road promise — Uba Sani

Kaduna State Governor, Uba Sani, has commended President Bola Tinubu for fulfilling his campaign promise…

9 hours ago

Zenith Bank confirms cyberattack, says limited customer data compromised

Zenith Bank has confirmed that hackers breached its database, resulting in the compromise of limited…

9 hours ago

Tinubu unveils Africa’s first Renewable Energy College

President Bola Tinubu has declared that Nigeria is poised to lead Africa's renewable energy revolution…

10 hours ago

I’m CR7’s die-hard fan — Davido

Afrobeats superstar David Adeleke, popularly known as Davido, has revealed that he is a devoted…

10 hours ago

Nigeria to spend N924bn on Army, Navy, Air Force personnel’s salary

The Federal Government of Nigeria is to spend N924 billion yearly as salary bill for…

10 hours ago

Lagos govt empowers 40,000 residents with business tools to boost SMEs

Lagos State Governor Babajide Sanwo-Olu on Tuesday said his administration has empowered about 40,000 residents…

10 hours ago

This website uses cookies.