SAN FRANCISCO, August 27, (THEWILL) – The Federal Airports Authority of Nigeria, FAAN has increased passenger service charge from N1000 to N2000 with effect from September 1 due to the harsh economic realities as a result of the COVID -19 pandemic.
Briefing reporters in Abuja on Thursday, the Managing Director of the Authority, Rabiu Yadudu, noted that airport management is a huge capital investment, whereas the FAAN has recorded a shortfall of 90 per cent in revenue generation.
On the international flights’ resumption, Yadudu pointed out that only airlines that are ready for the operation will resume as some are bankrupt owing to the harsh economic crisis caused by the pandemic.
This is the first FAAN’s media conference in its Headquarters in Abuja, after relocation from Lagos to the Federal Capital Territory two months ago, as directed by the Federal Government.
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