FNAC 25: FAAN MD entices investors with high yielding investment opportunities

 

Managing Director of Federal Airports Authority of Nigeria (FAAN) Mrs Olubunmi Kuku on Monday called on foreign investors by showcasing the vast investment potential of Nigeria’s airports.

In her welcome address at the 3rd edition of the FAAN National Aviation Conference tagged FNAC 25, Kuku affirmed that the potential investment in the airports sub sector of the aviation industry will guarantee high investment returns to any investors who takes the advantage of investment opportunity offered now.

The two-day event holding at Eko Convention Centre, Eko Hotels and Suites, Victoria Island, Lagos, brought together brightest minds and most influential leaders from across the globe, to rub minds on the theme:” Elevating the Nigerian Aviation Industry through Investment, Partnership & Global Engagements.”

She made reference to the position of International Civil Aviation Organisation (ICAO) on every dollar invested in aviation, adding that nearly four dollars are generated in broader economic growth.

Kuku maintained that this catalyst is only possible in the aviation, especially when the investors are not starting from the scratch.

She said: “The International Civil Aviation Organisation affirms that for every dollar invested in aviation, nearly four dollars are generated in broader economic growth. Where else can you find such a compelling multiplier? And we are not starting from scratch.”

Speaking on the areas FAAN offers to investors for partnership, the Chief Executive Officer of FAAN said: “Will you help us build the future? We are offering concrete pathways: Investment in Infrastructure: The gap between our current capacity and projected demand is your opportunity in terminal modernisation, cargo facilities, and airport cities,  Partnership in Operations: We seek global expertise in management, ground handling, and logistics—partner with us to enhance efficiency and share in the profitability of a growing market and Global Engagement in Technology: From biometrics to sustainable solutions, invest in the future of African travel with us. The fundamentals are undeniable: Africa’s largest population, a growing economy, and a strategic geographic position. The demand is here. Growth is inevitable. The only question is, who will have the foresight to be in the cockpit with us?”

Kuku urged the prospective investors in attendance to convert their confidence to attend the conference to commitments, adding, “To our international partners, your presence here is a testament to your confidence in us. Let us convert that confidence into commitment.

“So, I challenge you all: Be bold. Ask the tough questions. And see Nigeria not for the challenges of the past, but for the boundless opportunities of the future. Let us build the partnerships that will elevate Nigerian aviation and deliver sustainable returns for all.”

The Managing Director of FAAN who acknowledged the existing challenges in the subsector, however encouraged investors to see those gaps as marked space for transformative returns.

“At the heart of this opportunity lies Nigeria. Now, let us speak candidly about Nigeria. We are clear about our reality: infrastructure gaps, foreign exchange pressures, and the imperative for modernisation.

“But today, I ask you to see what we see. These are not merely obstacles; they are Nigeria’s unparalleled investment portfolio. Every “gap” is a clearly marked space for transformative returns.” she said.

Kuku allayed the fears of labour on possible loss of jobs with the coming of the new investors, adding, “To truly ascend, we need all hands on deck. This is why I make a direct appeal to our valued unions: embrace this new era of collaboration. Your understanding and partnerships are the bedrock upon which we will build.

“The private investment we seek is not a replacement for our workforce; it is the catalyst for its growth. It will create better facilities, more advanced systems, and ultimately, more and better jobs for Nigerians. Let us work together with a shared vision to welcome the capital that will secure our collective future.”