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FAAN records revenue growth amid low cargo throughput
['Itohan Abara-Laserian']
NEWSVERGE
The Federal Airports Authority of Nigeria (FAAN) says it recorded significant improvements in cargo operational efficiency and revenue performance.
The report showed that recent adjustments to legacy processes were already yielding measurable results, with improved revenue assurance across major cargo terminals.
A key reform highlighted in the report was the relocation of FAAN operational staff and revenue-collection desks, back into cargo warehouses.
Speaking on the developments, a senior FAAN official disclosed that several initiatives were underway to consolidate the gains and further strengthen revenue assurance across the cargo value chain.
He said that the progress recorded reflected the vision behind the creation of the Cargo Development and Services Directorate by the Minister, with support from the Managing Director of FAAN.