Don't Miss


Home   >   Business   >   Industries   >   Aviation   >   Airport automation boosts revenue by 17% – FAAN

Airport automation boosts revenue by 17% – FAAN

By on June 17, 2014

The Federal Airports Authority of Nigeria has said the introduction of a new automation system at its revenue points has boosted its revenue by 17 per cent.

According to a statement by the agency, it has also been able to block many revenue loopholes at the airports through the system.

Although FAAN did not give the actual figure of its current revenue in the statement, it said the exercise would raised its annual revenue to N70bn by the time the automation was completed in all its 22 airports in three months’ time.

“The automation has ensured a steady progress in revenue collection, which is expected to rise up to N70bn when the automation of all the airports is completed,” the statement said.

The General Manager, Corporate Communication, FAAN, Mr. Yakubu Dati, said the agency was largely kept in the dark by the automation carried out in the past because the concession model was handled by external company.

He added, however, that in the present automation, the contractor deployed and maintained the equipment and software, while FAAN employees were trained to operate and use the system.

“So, we know every amount of money that is entering our accounts, even the financial transactions by our clients who run shops, restaurants are captured by the system, so there is full transparency because our workers are empowered for full visibility,” Dati said.

According to the statement, while the initial automation done by the FAAN in the past focused only on aeronautical revenue at the large airports, the current automation has concentrated on both aeronautical and non-aeronautical.

 

 

[Punch]

One Comment

  1. Wale

    February 11, 2016 at 4:46 pm

    What’s the name of this solution