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Business News of Wednesday, 2 August 2023

Source: www.punchng.com

FAAN lays cargo village foundation

Federal Airports Authority of Nigeria Federal Airports Authority of Nigeria

The Federal Airports Authority of Nigeria has laid the foundation of the first Aviation Cargo Village in Nigeria.

The groundbreaking ceremony was performed by the Managing Director of FAAN, Kabir Yusuf at Murtala Muhammed International Airport in Lagos on Monday.

The structure will sit on 2.7 hectares of land. It is expected to aid cargo processing, documentation, packaging and laboratory services.

Speaking at the ground-breaking ceremony, Yusuf expressed optimism that the Aviation Cargo Village would increase Nigeria’s export earnings.

He said, ”By this ground-breaking ceremony taking place today, ladies and gentlemen, you can agree with me that FAAN management is truly determined to implement recommendations that will help Nigeria take its place as the number one position in Avia-Cargo exports in Africa within the next few years.

“This Aviation Cargo Village will be a one-stop-centre aimed at addressing the challenges militating against massive avia-cargo exports in our country.”