Nigeria: FAAN Hikes Passenger Service Charge, As Revenue Drops 95%

27 August 2020

Buffeted by massive revenue drop occasioned by the impact of Covid-19, and other cost-related inflation, the Federal Airports Authority of Nigeria (FAAN) has increased Passenger Service Charge (PSC) for domestic and international flights, as part of overall measures to bolster revenue generation.

The PSC increase, which will become effective September 1, 2020, will culminate in a 100 per cent increase for domestic flights (from N1,000 to N2,000).

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.