* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, March 18, 2026
Earth-News
  • Home
  • Business
  • Entertainment

    Oscar Ratings Drop 9% in Conan O’Brien’s Second Year as Host

    Falmouth Chamber Players Orchestra Set to Enchant Audiences with Vibrant Spring Concerts

    Inside the Visionary Leadership Behind the South Carolina Entertainment and Music Hall of Fame

    From Advertising to Immersive Worlds: How Leading Brands Craft Captivating Experiences Like Entertainment Studios

    Adrian Grenier Opens Up About Being Overlooked for ‘Devil Wears Prada 2

    Why Cops Are Confident They Know Why Nancy Guthrie Was Targeted

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Unlocking the Future of Poultry Feed: Innovations, Automation Trends, and Market Forecasts Through 2033

    How Cutting-Edge Technology is Helping Local Police Crack Down on Hit-and-Run Cases

    Inside the birthplace of your favorite technology – The Seattle Times

    Unlock Your Potential and Thrive in Your IT Career

    Consolidated Press International Holdings Ltd. Sells 2,335 Shares of Spotify Technology $SPOT – MarketBeat

    Elon Musk Unveils Exciting Launch of X Money This April

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment

    Oscar Ratings Drop 9% in Conan O’Brien’s Second Year as Host

    Falmouth Chamber Players Orchestra Set to Enchant Audiences with Vibrant Spring Concerts

    Inside the Visionary Leadership Behind the South Carolina Entertainment and Music Hall of Fame

    From Advertising to Immersive Worlds: How Leading Brands Craft Captivating Experiences Like Entertainment Studios

    Adrian Grenier Opens Up About Being Overlooked for ‘Devil Wears Prada 2

    Why Cops Are Confident They Know Why Nancy Guthrie Was Targeted

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Unlocking the Future of Poultry Feed: Innovations, Automation Trends, and Market Forecasts Through 2033

    How Cutting-Edge Technology is Helping Local Police Crack Down on Hit-and-Run Cases

    Inside the birthplace of your favorite technology – The Seattle Times

    Unlock Your Potential and Thrive in Your IT Career

    Consolidated Press International Holdings Ltd. Sells 2,335 Shares of Spotify Technology $SPOT – MarketBeat

    Elon Musk Unveils Exciting Launch of X Money This April

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Why we Moved Corporate Headquarters to Lagos – FAAN

January 19, 2024
in Business
Why we Moved Corporate Headquarters to Lagos – FAAN
Share on FacebookShare on Twitter

http://economicconfidential.com/FAAN

FIRS

The Federal Airports Authority of Nigeria (FAAN) has explained the relocation of its cooperate headquarters from Abuja to Lagos.

In a statement issued by the Director, of Public Affairs and Consumer Protection, Obiageli Orah, the Authority noted that the Abuja location had no office space to contain the activities of the agency.

In addition, Orah explained that the Minister decided to stop this waste of public resources and rip-off on the public purse as the Authority would be liable to pay them duty tour allowance because technically they are working out of station as their official posting is to Abuja.

Also, the Minister said that 60% of the activities of the agency are done in Lagos and it is only appropriate for the headquarters to be in Lagos.

“FAAN wishes to inform Nigerians that following wide consultations by the new Management of FAAN with stakeholders, which also involved the Unions, it was agreed that this was in the best interest of the Authority and the country for now for the following reasons:
“Those affected by the decision to move the headquarters to Abuja have since returned to Lagos as there is no office space for them in Abuja. It was ill-advised in the first place to move the headquarters to Abuja when there was no single FAAN building in Abuja to accommodate all of them at once.
“Having returned to Lagos, the Authority would be liable to pay them DTA (DUTY TOUR ALLOWANCE) because technically they are working out of the station as their official posting is to Abuja. The Minister has decided to stop this waste of public resources and rip-off on the public purse.
“The other option open to the Authority was abandon the old FAAN building in Lagos to rot away and to use its scarce resources to rent an office space in Abuja for Millions of Naira of public money when in actual fact more than sixty per cent of its activities are in Lagos given the huge passenger volume of the Lagos airports. The stakeholders and the Minister decided against that and to save the country this waste,” the Authority outlined.
Federal Airports Authority of Nigeria (FAAN) which was established in 1976 as the Airports Authority of Nigeria.
However, the Civil Aviation reform of 1995 brought about the realignment of some of the functionalities of NAA as well as the renaming of NAA to the Federal Airports Authority of Nigeria FAAN.

The Authority is responsible for overseeing the operation and maintenance of all Federal Airports.

The Authority’s headquarters was once located in Lagos. However, in 2020, the former President Muhammad Buhari moved it to Abuja.
Reacting to the relocation, the authority said the following,

“Abuja continues to have full operational offices and the Authority has not scaled down operations in Abuja one bit. It is just the technical decision of where the Authority has its ‘corporate headquarters’ that has been taken without affecting the structure of operations as they are for now in both cities.
“In the near future, when befitting corporate buildings have been built for the Authority in both Lagos and Abuja, a final decision will be taken as to the location of the permanent headquarters, depending on the exigencies of the time.”

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : EconomicConfidential – https://economicconfidential.com/2024/01/faan-why-move-cooperate/

Tags: businessCorporateMoved
Previous Post

Sanwo-Olu appoints Alabi Olademeji SSA youth mobilisation

Next Post

Maintenance: Three States to Experience Two-day Blackout – TCN

Innovative Methane Reduction at Landfills Fueled by Ecology Grants and Strong Partnerships

March 18, 2026

False Alarm: NC School of Science and Math Confirmed Safe Following Shooter Report

March 18, 2026

Why Science Should Lead the Way in Navigating US-Iran Nuclear Risks

March 18, 2026

MUNA Have Had Enough of the VIP Lifestyle on New Single “So What” – floodmagazine.com

March 18, 2026

Team USA’s Thrilling World Baseball Classic Semifinal Victory Draws Bigger Audience Than 2025 MLB All-Star Game

March 18, 2026

GHP: Regional Economy Surges Ahead, Outpacing Peer Metros with Rapid Growth

March 18, 2026

Oscar Ratings Drop 9% in Conan O’Brien’s Second Year as Host

March 18, 2026

A dietitian and doctor review RFK Jr’s new food pyramid : Short Wave – NPR

March 18, 2026

Illinois House Primary Election 2026: Live Results and Breaking Updates

March 18, 2026

Unlocking the Future of Poultry Feed: Innovations, Automation Trends, and Market Forecasts Through 2033

March 18, 2026

Categories

Archives

March 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Feb    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (1,124)
  • Economy (1,142)
  • Entertainment (22,018)
  • General (20,472)
  • Health (10,180)
  • Lifestyle (1,156)
  • News (22,149)
  • People (1,144)
  • Politics (1,160)
  • Science (16,357)
  • Sports (21,644)
  • Technology (16,125)
  • World (1,135)

Recent News

Innovative Methane Reduction at Landfills Fueled by Ecology Grants and Strong Partnerships

March 18, 2026

False Alarm: NC School of Science and Math Confirmed Safe Following Shooter Report

March 18, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version