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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…
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