In a strategic move to maximize revenue generation for the Federal Airport Authority of Nigeria (FAAN), the Federal Government, under the Ministry of Aviation and Aerospace Development, is gearing up for action. This ambitious plan was unveiled during a recent visit by the Minister of Aviation and Aerospace Development, Festus Keyamo, to the bustling Murtala Mohammed International Airport in Lagos.
Keyamo, represented by the Head of Press and Public Relations of the ministry, Odutayo Oluseyi, highlighted a pivotal statistic: a whopping 60% of FAAN’s revenue flows from Lagos. This fact underscores the urgent need to harness the full potential of the airport’s new terminal, a game-changer in the aviation industry.
The newly revamped terminal boasts an impressive 60 check-in points and is well-equipped to handle a substantial volume of air traffic. However, the old terminal stands in stark contrast, in dire need of a complete overhaul. Keyamo pointed out that the central cooling system is non-functional, and multiple areas require immediate maintenance attention.
In response to these challenges, the Minister issued a directive aimed at streamlining operations. Airlines currently operating out of the old terminal have been instructed to relocate their check-in counters to the new terminal within the next three months.
Keyamo’s statement emphasized, “Sixty percent of FAAN’s revenue comes from Lagos, and as such, the new terminal should be utilized optimally.” This strategic shift will not only boost FAAN’s income but also enhance the overall efficiency and service quality at the Lagos Airport.
Furthermore, regarding plans for airport concession and the Nigeria Air project, Keyamo announced a temporary suspension pending a briefing with the President. He reaffirmed his commitment to safeguarding local airlines while calling for improved efficiency and effectiveness within the industry. The Minister also pledged to address issues related to flight cancellations and delays, with a promise to enforce necessary regulations.
In a forward-looking move, Keyamo directed the removal of unserviceable aircraft by their owners to facilitate the expansion of the apron area. This expansion is essential to accommodate larger aircraft, catering to the growing demand for air travel.
To create space for the new terminal’s expansion and accommodate bigger aircraft, Keyamo also expressed his willingness to engage with owners of private hangars within the airport premises for possible relocation.
In conclusion, the Federal Government’s proactive approach to boosting FAAN’s revenue and improving airport infrastructure in Lagos underscores its commitment to fostering growth and efficiency in Nigeria’s aviation sector. This strategic shift promises a brighter future for the country’s airports and travelers alike.