FAAN records N17.5bn revenue loss in 23 weeks

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The Federal Airports Authority of Nigeria (FAAN) said on Wednesday that its aeronautic and non-aeronautic revenues dipped by N17.5bn in 23 weeks due to the impa

Director of Finance and Accounts of FAAN, Mrs. Nike Aboderin, spoke during a webinar organised by FAAN.Aboderin who gave a detailed overview of the losses incurred by FAAN, disclosed that only 8.8 percent of its non-aeronautic revenue was recovered between April till date.

 

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