- Minister brokers peace deal to end aviation crisis, gives 1-Week TSC repayment deadline
- Aviation Strike: TUC warns of fresh action if issues persist
- Leaking bucket: Automation failure, unremitted billions shadow NCAA, NAMA war
- FAAN impounds six Air Peace buses after fleeing drivers block Lagos airport taxiway
- NCAA to mandate RFID luggage tracking to end airport baggage mismanagement
FAAN remits over N218bn into federation account in 5 years
The Federal Airports Authority of Nigeria (FAAN) remitted N218,335,247,877.87 as a contribution from the Internally Generated Revenue (IGR) and a total sum of N352,263,212.34 as remittance on 1 per cent stamp duty to the Consolidated Revenue Funds Account (CRF) for the period of 2020 – 2024, Mrs Olubunmi Kuku, Managing Director of the Authority has said. She disclosed on Wednesday during a presentation before the Senate Committee on Finance, about the remittance of Internally Generated…
Read More