FAAN Records Revenue Growth Despite Lower Cargo Throughput Following Operational
FAAN Records Revenue Growth Despite Lower Cargo Throughput Following Operational Reforms The Federal Airports Authority of Nigeria (FAAN) has recorded significant improvements in cargo operational efficiency and revenue performance following strategic reforms implemented by its Cargo Development and Services Directorate. An operational report released by the Authority shows that recent adjustments to legacy processes are already yielding measurable results, with improved revenue assurance across major cargo terminals. A key reform highlighted in the report is the relocation of FAAN operational staff and revenue-collection desks back into cargo warehouses. This, alongside enhanced monitoring of unaccompanied luggage, has effectively blocked major revenue leakages that previously affected cargo operations. The report notes that the positive impact of these reforms is particularly evident in the Nigerian Aviation Handling Company (NAHCO) Plc and Skyway Aviation Handling Company (SAHC...