Enugu Airport closure slashes FAAN’s revenue, as agency expects N19.3billion


NIGAV Award Committee members unveiled

Arik air, Captain Njomo receiving the airline’s award

There are indications that the Federal Airports Authority of Nigeria (FAAN) may earn a whopping sum of N19.3 billion Naira from five viable airports
alone in 2019.

This is the position of Nigeria Aviation Annual Report committee as contained in its 2019-2020 projections analysed at the 10th Nigeria Aviation (NIGAV 2019) Awards held weekend at the Oriental Hotel in Lagos Island, Lagos.

According to the report, over the years, FAAN has not recorded significant increase in its revenue due largely to non-exploration of other revenue potentials.

It however, projected that in 2019, the agency would record less revenue than in 2018 because of relatively low passengers’ movement in domestic travel and the closure of Enugu Airport.

Breaking down FAAN’s expectations, the report stated that “The agency expects to earn over N10 billion from the Murtala Mohammed International Airport (MMIA); Abuja airport may likely yield N4 billion, Kano, N2billion, Port HarcourtN2 billion and Owerri, N1.3 billion, totaling about N19.3 billion”.

The report also revealed that in 2020, the symmetry on national carrier and airport concession, which are major programmes of the President Mohammadu administration will become clearer.

In the report, the committee members insist that there are huge potentials for business in the aviation industry, advising that more airlines, service providers like Aero Contractors maintenance facility are capable of attracting new investors in the new year.

In his welcome address, Fortune Idu, Managing Director of FCI International Limited, organisers of NIGAV 2019 explained that NIGAV committee is made up of both government and non-government agencies starting with representatives of the Federal Ministry of Aviation, Mr Gambo representing FAAN, Mr. Adamu Abdullahi for Nigeria Civil Aviation Authority, Mr Tunji
Oketunbi of Accident Investigation Bureau (AIB), Kingsley Ezenwa of Dana Air, Mrs Nosa Aituamen, Wole Shadare, Collins Ginika and Miss Chiogo Okani.

Mr Idu said NIGAV is one of the most prestigious air transport development award and has become the benchmark for excellence in promoting healthy competition and rewarding best practices.

Idu said that with over 150 recipients honoured since inception 10 years ago, NIGAV Awards in this year’s edition alone gave out 40 awards, honours and recognitions in addition to charity donations to SOS Children’s Village in this year edition.

The NIGAV convener informed that the long awaited land lease to FCI International Limited by the FAAN signed a land lease to Set up a permanent befitting centre for development and international trade promotions within the corridor of MMIA, called the NIGAV Conference and Exhibition Centre.

He said such business initiative will inspire further creativity, open market opportunities to showcase Nigerian produce and bring other events and conferences closer to the Nigeria’s number on commercial gateway-MMIA.

“NIGAV brand has become undisputable marketing instrument for Nigeria airports and Nigeria aviation and with the NGAV Centre, you all are welcome to join in the effort and host your event at the Expo Centre and attract international investment community to our air transport corridor”, Idu stated..

Award recipients

High point of the event marked award presentation to deserving stakeholders. For instance, Chairman of Skyway Aviation Handling Company (SAHCO), Plc, Dr Taiwo Afolabi  was awarded “Aviation Personality of The Year Award” while service provider, Lakewood Development Company Ltd. clinched the Best Airport Cleaning Services Company of The Year 2019. Charity donations were also made to children of SOS Children Village.

General Manager, Services of Lakewood, Mrs Belinda Irafor who received the award on behalf of Lakewood Development Ccompany thanked the organisers of
the award ceremony, stating that the company feels honoured with the award recognition for its janitorial services at the airport.

Explaining the services Lakewood offers, Mrs Irafor said “We are very grateful for this award and we are into janitorial cleaning, industrial cleaning and we are also in estate management. We are the ones cleaning the four international airports in Nigeria. Ph, Calabar, Lagos and Abuja.

Cleaning is a very interesting job because cleanliness is nearness to God. You have to make your environment clean and airport is a very important place and a very sensitive environment whereby you have to make the
convenience and the entire environment hygienic and also make the passengers comfortable”.

According to the General Manager, they receive over 5,000 to 10,000 passengers at the airport every day and that .for that reason the company is committed to make the airport very friendly for everybody including adults, infants and children coming from different places.

At the occasion, winners in other categories such as Aviation Personality of The Year Award; Aviation Agency of The Year; Airline CEO of the Year amongst others were equally honoured.

Others are: Pilot of The Year; Aviation Medical Personality; Best Airport Lounge; Airport Ground Handling Achievement Award amongst others.


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