September 24, 2016 5:31 PM 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 2016.

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.

Similar Private Companies By Industry

Company Name Region
Abuja International Airport Middle East/Africa
COMET Shipping Agencies Nigeria Limited Middle East/Africa
Fairway Offshore Limited Middle East/Africa
Federal Airports Authority of Nigeria Middle East/Africa
GREENLEIGH Ports Limited Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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