Only three of 22 Nigeria’s airports profitable, others subsidised — FAAN
The Federal Airports Authority of Nigeria (FAAN) said only three of Nigeria’s 22 international and domestic airports are profitable. The Managing Director of FAAN, Olubunmi Kuku, disclosed this in an interview with newsmen on Tuesday. Kuku said 19 of the nation’s airports are being subsidised as they do not get passenger traffic commensurate with their…