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August 03, 2015 10:40 AM ET

Transportation Infrastructure

Company Overview of Federal Airports Authority of Nigeria

Company Overview

Federal Airports Authority of Nigeria (FAAN) provides airport maintenance and administration services. The company’s services include passenger accommodation, aviation security, freight handling, navigation, sanitary, information, telecommunications, engineering, and air traffic control. FAAN is based in Lagos, Nigeria.

Murtala Mohammed International Airport

P.M.B. 21607

Ikeja

Lagos,  

Nigeria

Phone:

234 1 496-8080

Key Executives for Federal Airports Authority of Nigeria

Managing Director
Director of Engineering Services
Director of Administration and Supplies
Director of Airport Operations
Director of Finance
Compensation as of Fiscal Year 2015.

Federal Airports Authority of Nigeria Key Developments

Federal Government May Divest Stake In Federal Airports Authority Of Nigeria

The federal government may divest at least 51% ownership of Federal Airports Authority of Nigeria (FAAN) to private investors. It has also emerged that government plans to concession some major airport terminals while others may be partly funded by governments of the states where they are located. According to an official of the agency, from the way FAAN is managed, it may not be able to generate funds to pay back this loan. He said government has decided to make the agency more profitable by privatizing under a Private Public Partnership (PPP) arrangement.

Federal Airports Authority Appoints Daniel Kure as Chairman

Federal Airports Authority announced that Dr. Daniel Kure has been appointed as the Chairman of FAAN, while other members of the board include; Onuora Chinwe Leticia, Alh. Ibrahim Bamalli, Ms. Ngozi Lavender, Capt. Shafii Salisu Baba, Alh. Habu Muazu-and Mr. Phillip Aivoji.

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To contact Federal Airports Authority of Nigeria, please visit www.faan.com.ng. Company data is provided by Capital IQ. Please use this form to report any data issues.

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