The Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed that Lagos State alone contributes about 60 per cent of the revenue of the Federal Airports Authority of Nigeria (FAAN).
According to him, the Federal Government has taken a keen interest in optimising the generating capacity of FAAN, Naija News understands.
The minister in a statement issued by the ministry’s Head of Press and Public Affairs, Odutayo Oluseyi, on Friday, said the federal government’s new interest has necessitated the optimal use of the new terminal. 
Oluseyi explained that the minister, who spoke during his facility visit to the Lagos Airport on Thursday, pointed out that the new terminal has 60 check-in points and can accommodate much traffic.
The statement said the minister noted that ”60%revenue of FAAN comes from Lagos, and as such, the new terminal should be used optimally. He said the new terminal has 60 check-in points and can accommodate much traffic.”
See the full statement below:
FG set to optimize FAAN’s revenue-generating capacity
”Hon. Minister of Aviation and Aerospace Development, Festus Keyamo SAN, CON, FCIArb.(UK) has expressed FG’s desire to optimize the generating capacity of FAAN.
Speaking during the facility visit of the Lagos Airport, Keyamo said 60%revenue of FAAN comes from Lagos, and as such, the new terminal should be used optimally. He said the new terminal has 60 check-in points and can accommodate much traffic.
”Stating that the old terminal should undergo a complete overhaul, he noted that the central cooling system is not working, and a lot of dilapidation needs to be fixed. He further directed that all airlines in the old terminal should move their check-in counters to the new terminal within 3 months.
”On concessioning of the airports and Nigeria air project, the Minister said all would be put on hold (suspended) until he briefs Mr President on his findings. He stated that in as much as he is willing to protect the local airlines, he expects them to be more efficient and effective, noting that issues of flight cancellation and delays will be looked into and laws enforced where necessary. He further directed the removal of unserviceable aircraft by the owners for expansion of Apron.
”To give space for the expansion of the new terminal to accommodate bigger aircraft, Keyamo said he will discuss with owners of private hangers within the space for possible relocation of their hangers.”
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