The global technologies market is experiencing a huge spike with projections to hit $16.17 billion in the next five years.
In the past few years, the Federal Airports Authority of Nigeria , has been pushing for strategies to improve its non – aeronautical sources of revenues. Speaking in an interview, Chairman, Airport Business Summit , Fortune Idu, said efforts are ongoing between FAAN and the organisation on airport route development and marketing.
“It is crucial to prepare managers to understand the roles of all stakeholders, including the federal and state governments, airport authorities, investors, and users. This aspect will be a focal point of the airport managers at conversations getting underway next month.” “Managing 23 airports in a densely populated country like Nigeria is a significant challenge. Ensuring all airports are profitable and contribute to government revenue is no small task. Currently, only four airports are financially viable,” Idu noted.