Business
FAAN Concessions Rents Collection
The Federal Airprots Authority of Nigeria (FAAN) may have concessioned the collection of its rent to Meavis Nigeria Limited.
The Tide gathered that areas concessioned by FAAN include electricity and service recovery charge.
The Managing Director of Meavis Nigeria, Mr Tunde Fagbemi explained that the Management of FAAN opted for the concession on account of lapses noticed in the handling of the charges.
Prior to the new arrangement, FAAN was directly responsible for the collectionof the rent and electricity charges from organisations that operate within the airports.
Sources hinted that the new arrangement with the concessionaire may not go down well with staff who claimed that Meavis had defaulted in the agreement it had with the authority.
The firm it would be recalled entered an agreement with FAAN last two years and was saddled with the responsibility of collecting landing and parking charges for the authority.
The firm was accused sometime for not remitting funds it collected on behalf of the authority as at when due.
The development sources disclose we caused the authority not to be able to pay workers salaries and other welfare packages to workers.
The current agreement, it was gathered, includes collection of rent, electricity both at the international and domestic wings of the airport and the conteroversial General Aviation Terminal (GAT) which was recently taken over by BI-country before the protest and resistance from workers across the nation.
Management source who does not want his name mentioned, said FAAN took the decision to boost its revenue collection amid concerns over leakage.
Prior to the agreement FAAn collects N5 million annually as rent from the Bureau De Change while it collects about N1 million as electricity charges.
Meanwhile efforts to locate the General Manager Public Affairs FAAN, Mr Akin Olakunle for comments were unsuccessful as he refused to pick his several calls.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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