FAAN officers spend nearly N1 billion annually on touring Abuja to Lagos – Keyamo


February 2, 2024.

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Azonuchechi Chukwu.

The Minister for Aviation and Aerospace Development, Festus Keyamo, has said that the total cost incurred as Duty Tour Allowance (DTA) for FAAN officers who travelled back and forth from Abuja to Lagos is nearly N1 billion annually.

Keyamo, who made this statement on Thursday, had previously said in an interview with Channels TV that the expenses incurred by the federal government for FAAN is about N500 million yearly.

However, he later said that he had not yet been briefed the expenses for last year when he gave the interview on Channels TV.

He noted that, having received a detailed briefing of the expenses, the total cost for the year 2023 was about N1 billion.

“When I did my Channels TV interview yesterday, I had not been briefed as to the amount FAAN spent last year alone on DTA (Duty Tour Allowance) for the principal officers who travelled back and forth from Lagos to Abuja almost on a daily basis. The amount came up to N493,678,620.37. This is aside from the air tickets which I mentioned that amounted to N451, 058,950.09.

“So, in total, because of insistence on naming Abuja as the headquarters of FAAN (when there are no offices in Abuja to accommodate all the principal officers) FAAN spent close to N1 billion in one year,” he said.

The Minister, who spoke in an interview yesterday, emphasized that there is no going back on the relocation of the headquarters of the Federal Airports Authority of Nigeria (FAAN) from Abuja to Lagos.(www.naija247news.com).

Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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