FAAN Seeks Investment In Cargo, Aviation Industry

Managing Director and Chief Executive of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, has called on aviation stakeholders to prioritise investment in project development to enhance bankability and attract investors.

Kuku emphasised the importance of conducting market studies, feasibility assessments, and developing strong business cases to ensure sustainable growth in the sector.

Speaking at the ongoing Biennial FAAN Joint Trade Unions Conference 2025 in Abuja, Kuku emphasised the crucial role of cargo operations in the sector’s future, noting that investment requires clear returns supported by comprehensive data.

She pointed out that while FAAN has established the Directorate of Cargo Development and Services, additional support and data-driven studies were necessary to secure investor confidence.

Director of public affairs and consumer protection, FAAN, Mrs Obiageli Orah, said in a statement that while speaking on staff welfare, Kuku reaffirmed FAAN’s commitment to improving working conditions, stating that the newly negotiated conditions of service—developed with union participation—were set for submission to the Ministry of Aviation and Aerospace Development.

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She also highlighted ongoing efforts to reassess staff training and international travel budgets for more inclusive coverage.

On the concerns about medical facilities, Mrs Kuku acknowledged the need to improve on what is currently available, noting that FAAN was reviewing partnership opportunities to enhance healthcare access for employees.

She also revealed plans to procure operational vehicles for airports and renovate staff quarters to improve living conditions.

In discussing airport management, she stressed the importance of Key Performance Indicators (KPIs) to ensure efficiency and accountability among airport managers and departmental heads.