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Business News of Friday, 26 June 2020

Source: www.mynigeria.com

FAAN announces increase in PSC charges

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The Federal Airports Authority of Nigeria, FAAN, has increased its Passenger Service Charge, PSC.

The change sees a charge of N2,000 from domestic passengers which was formerly N1000, while the charge from international passengers moved from $50 to $100.

This was disclosed by the Minister of Aviation, Hadi Sirika, through a memo titled: Implementation of Approved New Passenger (PSC) Effective 1st August 2020".

The memo said, “The implementation of the new PSC is premised on the approval given by the Minister of Aviation in the attached letter referenced FMT/FMA/COM/T/69 dated 3rd August 2017, which was sought with the intention to improve and upgrade the airport infrastructure among others.

“We recently notified the Honorable Minister of Aviation of our intention to commence the implementation effective 1st August 2020.”

The memo added, “Suffice to mention that on several occasions, we had engaged NCAA and relevant stakeholders which delayed the implementation date.

“Some of the engagements are as follows: Setting up of an in-house committee to come up with strategies for smooth implementation, Sensitization of the general public (press etc), Engagement of stakeholders, airlines etc.”