Business News of Tuesday, 10 February 2026

Source: www.mynigeria.com

FAAN, cargo agents agree on port charge tariff at MMIA

Federal Airports Authority of Nigeria Federal Airports Authority of Nigeria

The Federal Airports Authority of Nigeria (FAAN) has reached an agreement with Customs Licensed Cargo Agents operating at the Murtala Muhammed Airport, Lagos, on the proposed review of cargo port charges.

The agreement was achieved at a stakeholders' meeting held on Monday, 9th February 2026, at the MMIA Terminal 2 Conference Room, chaired by the Director of Cargo Development and Services, Mr. Lekan Thomas.

After constructive deliberations, both parties agreed on a revised port charge of 15.00 per kilogram, representing a compromise from the earlier proposed #20.00/kg and an upward review of the existing #7.00/kg. The outcome reflects the spirit of dialogue, partnership, and shared responsibility.

FAAN believes the resolution will enhance the ease of doing business at MΜΙΑ while supporting sustainable airport and cargo infrastructure development. The Authority reaffirmed its commitment to continuous stakeholder engagement, the SEDI (Safety, Efficiency, Development and Innovation) principles, and the ongoing modernisation of cargo terminal facilities.

FAAN appreciated the cooperation of the Customs Licensed Cargo Agents and looks forward to sustained collaboration in advancing Nigeria's air cargo sector.