5-Apr-2011 12:44 PM
AON orders airlines to stop paying airport charges
Airlines Operators of Nigeria has ordered its members to stop paying airport charges to the Federal Airports Authority of Nigeria (FAAN) or its concessionaire, Maevis Nigeria Limited (Punch NG, 04-Apr-2011). The AON said it would not ask its members to resume payments until FAAN "fully resolves the controversy surrounding the termination of the firm's [Maevis's] contract". Maevis collects more than 70% of FAAN's NGN1.5 billion (USD9.7 million) monthly revenue. FAAN recently announced it issued a notice of termination of the concession agreement to Maevis, citing a breach of contract. Maevis denies it has received any notice.