Nation playing aviation underinvestment catch-up, says Kuku

Nation playing aviation underinvestment catch-up, says Kuku

Infrastructure only half the battle, warned Sanusi, Uriesi   The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs Olubunmi Kuku, delivered a blunt assessment of Nigeria’s aviation investment climate at the first-quarter 2026 Aviation Safety Round Table Initiative (ASRTI) Business Breakfast Meeting in Lagos on Thursday. Kuku noted that the country is still playing catch-up after years of underinvestment, stressing that the government alone cannot fund the scale of development required across…

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Kuku: We’re leveraging technology to improve new Lagos airport terminal

Kuku: We’re leveraging technology to improve new Lagos airport terminal

Mrs Olubunmi Kuku is the managing director of the Federal Airports Authority of Nigeria (FAAN). In this interview with CNBC monitored by WOLE SHADARE, she speaks about the plan to turn the Murtala Muhammed International Airport, Lagos terminal under construction, into Africa’s premier aviation hub, how to drive passenger traffic effectively, and the provision of transit facilities at the major airports across the country, among others  The big decision came from the President last week on the…

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Kuku mandates cash transaction cessation nationwide, gives Feb 28 deadline

Kuku mandates cash transaction cessation nationwide, gives Feb 28 deadline

Abolishes physical cash receipt   The Federal Airports Authority of Nigeria (FAAN) has taken a definitive step toward modernising its revenue collection, with Managing Director Mrs Olubunmi Kuku mandating a total cessation of cash transactions nationwide by February 28, 2026. This move is not just a localised initiative but a direct alignment with the Federal Government’s broader fiscal reforms, specifically the “No Physical Cash Receipt Policy” reinforced by the Office of the Accountant-General of the…

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Kuku: How Nigeria’s cargo ecosystem can meet international standards

Kuku: How Nigeria’s cargo ecosystem can meet international standards

Cargo, critical economic driver, says Nwuba Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs Olubunmi Kuku, said the country is ready to become the vibrant core of the continent’s cargo network — a strategic gateway linking high-value goods, pharmaceuticals, and fresh produce to global markets. She described this not as a distant aspiration but as a future already being built through decisive reforms and partnerships. She urged stakeholders to actively contribute to…

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Kuku justifies N712bn Lagos airport rebuild project, says Terminal I obsolete

Kuku justifies N712bn Lagos airport rebuild project, says Terminal I obsolete

The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs Olubunmi Kuku, stated that Terminal One of the Murtala Muhammed International Airport, Lagos, is not only obsolete but also an infrastructure that has outlived its lifespan. She lamented that the facility that was built 50 years ago had not undergone major rehabilitation, stressing that it had not undergone rehabilitation ever since the facility was constructed.   Kuku further stated that a lot of…

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FAAN MD, Kuku elected ACI vice-president, Africa, permanent member World Governing Board

FAAN MD, Kuku elected ACI vice-president, Africa, permanent member World Governing Board

  In a historic moment for Nigeria and the entire African aviation sector, Mrs Olubunmi Kuku, the Managing Director of the Federal Airport Authority of Nigeria (FAAN), has been elected as the Vice President of ACI Africa. This election not only highlights her leadership but also elevates her from her previous role as Regional Advisor for Africa to a permanent member on the ACI World Governing Board. The ratification took place during the 34th ACI…

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Kuku: ‘We’re not imposing new levy on passengers’

Kuku: ‘We’re not imposing new levy on passengers’

The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs Olubunmi Kuku, said the agency does not plan to impose an additional levy of $50 on passengers. The FAAN MD’s reaction comes on the heels of a report that the agency was planning to impose a $50 baggage infrastructure levy on international passengers. In her reaction, Kuku said FAAN would never impose such a charge, noting that instead, the authority had been working…

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Kuku: Challenges in aviation, opportunity for investments

Kuku: Challenges in aviation, opportunity for investments

Sector contributes $1.7 billion to our GDP   The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku said each challenge facing the country’s aviation sector represents a potential investment awaiting realization. She noted that challenges in the mode of infrastructure deficiencies, regulatory frameworks, and financing requirements which had persisted in Nigeria’s aviation industry for a long time should not be seen as obstacles but rather as opportunities. Kuku noted that…

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Kuku says cargo, sweet spot for FAAN, agency rejigs airport concession plan

Kuku says cargo, sweet spot for FAAN, agency rejigs airport concession plan

The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Olubunmi Kuku has said that the cargo business remains a sweet spot for the agency while lauding the incredible job the operators of Mallam Aminu Kano Airport, Kano, the Jos Airport and the commitment of the Gateway International Airport, Ilishan, Ogun State are using the aerodromes to achieve with cargo airports. She also stated that the agency was working on the advisory end of…

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Kuku’s exemplary leadership at FAAN one year after

Kuku’s exemplary leadership at FAAN one year after

By Yakubu Dati   Within the 12 months that the Federal Airports Authority of Nigeria (FAAN) experienced a change in leadership, the initial anxiety that usually comes with the appointment of new CEOs has given way to assurances that the agency is headed in the right direction. This is because the new pilot has been found to possess the skill and knowledge not only to fly the plane to its desired destination but to land…

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