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.
5-Apr-2011 12:44 PM