Nigeria: Pilgrims Airlift - FAAN Loses U.S.$4 Million Annually

9 December 2019

Lagos — The Federal Airports Authority of Nigeria (FAAN) loses about $3m to $4m annually due to the waiver on pilgrimage operations, the Managing Director, Capt. Rabiu Yadudu, has said.

According to him, the government's policy of waiving 65 per cent of gross revenue accruing from annual pilgrimage operations is eating into the revenue of the organization.

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