FAAN Salary Structure & Allowances 2023: How Much Does the Federal Airport Authority of Nigeria Pay Their Employees? Here you will get information about FAAN staff salaries, and FAAN graduate salaries.
You might wonder how much FAAN pays entry-level grads. What is the starting wage for a FAAN B.Sc.? The solution is self-evident.
This is the official post to examine the salary structure of the Federal Airport Authority of Nigeria. The Federal Airports Authority of Nigeria (FAAN) is a statutory service agency tasked with overseeing all commercial airports in Nigeria and providing services to both passengers and airlines.
The federal agency has been tasked with managing all commercial airports in Nigeria and providing services to both passenger and freight aircraft.
FAAN is also tasked with creating favorable conditions for the development of air transport and related services in Nigeria.
FAAN’s headquarters are in Ikeja, Lagos State, at Murtala Muhammed International Airport.
How Much Does FAAN Pay Internships
Internship and trainee salaries are lower than those of entry-level employees. The information on this page is subject to change; the figures provided are simply estimations and are not guaranteed to be 100% correct.
Most multinational corporations pay according to global standards and are among Nigeria’s highest-paying employers. The figures presented here represent the net total amount after tax deductions.
FAAN Salary Structure & Allowances
New entry-level employees earn less than more experienced older workers, but their earnings are expected to rise with promotion and years of experience.
Most organizations do not disclose the compensation scale structure/ payment of their new graduate employees, which has resulted in estimates of what the company pays its new workers.
The anticipated current wage for new entry-level workers is approximately 70,000 – 80,000 per month after tax (without allowances)*. There may also be an additional housing allowance for new entry-level workers.
Because the Federal Airport Authority of Nigeria (FAAN) is a government parastatal, their pay is comparable to those of other parastatals. At level 8, the starting wage for a FAAN entry-level graduate is around N98,000 per month. The annual housing allowance is N500,000.
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