Expert calls for FAAN’s 5% airport revenue contribution
An aviation expert urges the House of Reps to compel FAAN to contribute 5% of its airport commercial earnings to aviation safety agencies, ensuring adequat Read More: https://punchng.com/expert-calls-for-faans-5-airport-revenue-contribution/
Former General Secretary of the Aviation Safety Round Table Initiative, John Ojikutu, has proposed that the Federal Airports Authority of Nigeria (FAAN) should contribute five per cent of its airport commercial earnings to the pool funding aviation safety agencies. In a presentation to the House Committee on Aviation, Ojikutu urged the House of Representatives to compel FAAN to contribute to the funding of the safety system that supports the airports and the wider industry.
He argued that the existing arrangement for the five per cent Ticket Sales Charge, Cargo Sales Charge, and Chartered Flights Charge is neither rational nor reflective of the different responsibilities and operational demands of the agencies involved. Ojikutu proposed a comprehensive review of the sharing formula and emphasized that agencies carrying heavy operational and safety responsibilities should not be left struggling for funds while critical infrastructure, equipment, and personnel require continuous investment.
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