The Federal Airport Authority of Nigeria, (FAAN) has proposed a total budget of N101.6-billion for 2019.
At its Budget Defence Proposal at the House of Representatives Committee on Aviation, the Authority proposed for 2019 a Budget of N101.67bn as against N88.9bn which gives a 14.5 per cent increase.
“This is in anticipation of an increase in passenger traffic as well as a boost in the non-aeronautical revenue base of the Authority as already highlighted in the 2018 budget performance.
“A Proposal of N17.82bn for Capital Budget against N16.78bn approved for the year 2018.
(NAN)