NIGERIA: NAHCO Acquires N500 Million Ground Handling Equipment

An investment holding company in Nigeria with business interests in aviation services such as cargo, aircraft handling, passenger facilitation, crew transportation, and aviation training, Nigerian Aviation Handling Company (NAHCO) Plc, yesterday acquired another set of ground support equipment valued at about half a billion naira.

It is part of the  N3.6 billion equipment proposed in 2019 for injection into the company to aid facility upgrades and enhanced service delivery. The new delivery is the first of two sets expected before the end of the first quarter of 2020.

Tokunbo Fagbemi, Group Managing Director and Chief Executive Officer of NAHCO,  said the plan was to make NAHCO customer-centric, and with this renovation, as well as the ongoing equipment purchase, “we are providing our clients a conducive environment to operate.”

“We are also coming up with fresh innovations to offer our numerous clients better deals, and retain a minimum of 65 per cent market share in aviation ground handling business.

“We will continue to strive for excellence at all times. This is just part of the equipment being expected, some more will be delivered in the coming days. The era of inadequate equipment is sure to be over soon,” Fagbemi said.

Fagbemi said, the company’s current low turnout is as a result of the COVID-19 pandemic crisis, stating that it adversely impacted its operations.

She further explained that even with the pandemic, NAHCO’s five-year transformation plan was still on course, apart from the significant slowdown as a result of the closure of the airports, expressing hope that the company is optimistic to scale through the hurdles.


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