FG Excludes Federal Airports Authority of Nigeria (FAAN) Properties from Sale!

FG Excludes Federal Airports Authority of Nigeria (FAAN) Properties from Sale!

Reported By Marian Opeyemi Fasesan | Sele Media Africa

The Federal Government has issued a directive prohibiting the sale or transfer of any properties owned by the Federal Airports Authority of Nigeria (FAAN) that are located within or adjacent to airport premises across the country.

Announced at the conclusion of the latest Federal Executive Council (FEC) meeting, the policy was communicated by the Minister of Aviation and Aerospace Development, Festus Keyamo. He stated that the presidential order overrides any previous government decisions to dispose of such assets. [1]

“These properties will not be handed over to private entities. If anyone thinks they’ve acquired one, they should reconsider,” the minister warned. [2]

Why It Matters:

• The directive signals the government’s recognition that airport‑associated real‑estate forms part of strategic national infrastructure and must remain under public ownership. [3]
• It prevents speculative real‑estate deals around airport zones and ensures that personnel such as air traffic controllers and firefighting staff have on‑site accommodations for rapid response.
• The move may impact investors and property holders who might have previously sought to acquire or develop FAAN‑linked parcels.

Next Steps:

• FAAN will likely review its asset disposal records and ongoing transactions to ensure compliance with the directive.
• The Ministry of Aviation and Aerospace Development is expected to release guidelines clarifying the status of affected properties and any compensatory mechanisms for prior buyers.

Citations:

1. Channels Television: www.channelstv.com/2025/11/06/tinubu-bans-sale-of-faan-properties-fec-approves-aviation-security-gadgets-procurement/?utm_source=chatgpt.com
2. Business Post Nigeria: businesspost.ng/travel/tinubu-bans-sale-of-faan-properties-amid-private-sector-interests/?utm_source=chatgpt.com
3. Lagos Television: lagostelevision.com/2025/11/06/tinubu-bans-sale-of-faan-properties-approves-new-aviation-projects/?utm_source=chatgpt.com
4. News Express Nigeria: newsexpressngr.com/news/282635/tinubu-bans-sale-of-faan-properties-fec-approves-aviation-security-gadgets-procurement?utm_source=chatgpt.com
5. allAfrica.com: allafrica.com/stories/202511070075.html?utm_source=chatgpt.com

About The Author

Marian Opeyemi Fasesan

editor

Marian Opeyemi Fasesan is a dynamic journalist and editorial leader committed to excellence in news reporting and storytelling. As the Editor-in-Chief of Sele Media Africa, she ensures daily operations run smoothly while upholding the highest editorial standards. With a strong eye for detail and deep understanding of audience engagement, Marian coordinates content across platforms, guiding teams to produce compelling, timely, and credible news. Her leadership reflects the heart of Sele Media Africa’s mission—to inform, inspire, and elevate voices across the continent.

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