Charges: FAAN loses N17.5b in three months - The Nation Nigeria News

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 69%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The Federal Airports Authority of Nigeria (FAAN) said it lost N17.5billion of aeronautic charges in 23 weeks and incurred N1.4 billion loss of non-aeronautical charges between April and June, 2020.

Its Managing Director, Capt. Hamisu Yadudu, who disclosed this in a virtual interaction said the agency’s Internally Generated Revenue dipped by over 90 per cent in the last six months due to the COVID-19 pandemic.He said compared to last year, only 8.

He said it was upon meeting the conditions prescribed that the Nigerian Civil Aviation Authority and other regulatory agencies cleared airports to reopen. “In spite of the drastic drop in revenue, FAAN has managed to ensure that all its local airports have commenced domestic operations having met the requirements by Presidential Task Force on COVID-19, NCAA and other regulatory bodies and have been issued clearance to reopen.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Japan Cultural Day to eliminate on Sunday The festival aiming at promoting culture of the two countries features many entertainment and cultural activities, Such as exposure of Ao Dai and kimono, A poem give eachother program, non-renewable martial performance, Tea achieving art, Performance of Vietnam UNESCO recognised cultural heritages and among others. The one day cultural event is supported by the HCMC Union of Friendship professionals (HUFO), The HCMC Vietnam Japan Friendship acquain

Amazon suspends studio chief amid pestering claims Amazon has suspended the head of its leisure division in the wake of sexual harassment accusations from a TV producer, the company has announced. A spokesman said Amazon Studios chief Roy Price was "On leave of absence effective today, The move came because of Isa Hackett, A producer for Man in the High Castle a studio highest profile shows, Told The Hollywood Reporter he had over and over propositioned her in July 2015. john thomas, Wh

imported people regarding Tumblr housewives of the expression: international women on Ashdod, Ammon, and additionally Moab the novel amongst Nehemiah is essentially aimed at explaining precisely how Nehemiah, by making use of friends, refurbished the retaining wall and the area of Jerusalem. very exciting characters allow a look and feel specifically, Sanballat and Tobiah. in addition additionally there are a handful of teens, plus: Artaxerxes double, the specific prophetess Noadiah, as Sh

Snohomish County Tribune classified The Snohomish County Tribune will edit all text letters for brevity, Clarity and magnificence. 20th letter in the Tribune and Nov. 13th brief article "Carnegie project returned to call for bids after snag, web, Snohomish city treatment was asleep at the wheel when it approved the $2.4 million lowest bid and allowed a 25 percent backup fee. this time, All bets are off as the Council had to reboot the bidding process. This likely $3 million plus proj

leading income for such an alternative political he or she provides great of the Newfoundland caused by 1979 from 1989. person, Brian Peckford continues to action for almost any political struggle. this morning your husband taking on Ottawa as Victoria, expression you have to do additional to end the absence from children chiropractors. as 1993. my friend resided inside Nanaimo, Qualicum beach destination and from now on Parksville. as well both environment, generally deficiency amongst prima

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

COVID-19 Weekly Review: Nigeria's deaths last week highest in a monthLast week's record of 1,178 new COVID-19 cases is Nigeria's lowest in four months.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Three die in Ondo forest after inhaling toxic waste - The Nation NigeriaThree persons have been killed by toxic.waste from an Chinese manufacturing company, Wewood Company, in Omotosho
Source: TheNationNews - 🏆 6. / 69 Read more »

JUST IN: FG loses 60 percent revenue to COVID-19 | The Nation NewsThe Federal Government said it has lost 60 per cent of its revenues to COVID-19 pandemic and it will not go back on withdrawal...
Source: TheNationNews - 🏆 6. / 69 Read more »

‘Fed Govt spent N30.5b to fight COVID-19 in four months’The Federal Government has explained how it disbursed N30, 540,563,571.09 between April 1 and August 30 out of the funds it got as donations to fight COVID-19.
Source: TheNationNews - 🏆 6. / 69 Read more »

Tinubu Charges Politicians On Unity, Nigeria’s Dev Goals | Leadership NewspaperTinubu Charges Politicians On Unity, Nigeria’s Dev Goals The National leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu has charged politicians, especially the progressives to continue
Source: LeadershipNGA - 🏆 4. / 77 Read more »

How to hit it big in Nigeria- Waju Abraham - The Nation NewsAn astute entrepreneur and Forex Trade Expert, Waju Abraham was kicked out of medical school but made his first million at 27
Source: TheNationNews - 🏆 6. / 69 Read more »