What FAAN Will Do To Aviation Fuel Sector, By MD
The Managing Director and Chief Executive of Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku says the agency will work with regulators to streamline and accredit fuel marketers, ensuring that only competent and compliant players operate at our airports so as to promote transparency and a level playing field for all.
In her Goodwill Message to CITA Energies Colloquium held yesterday at Radisson Blu Hotel, Ikeja under the theme, Aviation Fuel Business: The Scenario and the Metaphor, Kuku said as airports expand across the country, FAAN recognizes the strategic role of oil marketers in ensuring a safe, reliable, and sustainable fuel supply chain. “We are therefore committed to supporting policies and partnerships that will strengthen this vital segment of the aviation ecosystem,” she said, encouraging collaboration among marketers to move from competition for volume to cooperation for quality and sustainability. She said the market should be guided by shared standards, not fragmented rivalry.
“FAAN is open to supporting the establishment of additional JUHI facilities beyond Lagos and Abuja. More fuel farms across our airports will ease logistics, reduce costs, and enhance nationwide connectivity,” she said adding that FAAN will remain steadfast in ensuring that fuel quality and safety are never compromised. “Our Quality Assurance framework will continue to uphold global standards in fuel storage, handling, and delivery. Finally, FAAN will continue to provide enabling infrastructure, from efficient airside access to modern storage facilities, while also encouraging innovation, including early exploration of Sustainable Aviation Fuel (SAF) in partnership with forward-thinking marketers. In essence, FAAN stands ready to be an enabler, facilitator, and partner in ensuring that Nigeria’s aviation fuel ecosystem becomes stronger, cleaner, and more resilient,” she said, commending the “League of Airport and Aviation Correspondents for convening this important colloquium at a time when the aviation fuel business has become both a national concern and an opportunity for innovation.”
