The Federal Airports Authority of Nigeria (FAAN) has reached a compromise with air cargo agents, ultimately reducing cargo tariffs that had previously prompted an eight-day strike. This decision was made following a meeting between FAAN officials and cargo agents at Murtala Muhammed Airport in Lagos, signifying a resolution to the contentious tensions between both parties that surfaced after FAAN proposed to raise cargo tariffs significantly.

The initial tariff hike sought by FAAN aimed to increase the cost from N7 to N20 per kilogramme for cargo handling, which incited widespread discontent among cargo agents. The agents halted their operations, leading to delays in cargo processing at one of Nigeria's busiest airports, showcasing the significant impact that tariff changes can have on the logistics and freight industry.

Following extensive negotiations, the downward revision of the tariffs was confirmed by Frank Ogunojemite, the President of the Africa Association of Professional Freight Forwarders and Logistics. This development is expected to restore normalcy at the airport while also reflecting the balancing act that governmental authorities must maintain between revenue generation and the needs of local stakeholders in the aviation sector.