The National Aviation Handling Company (NAHCO), which plans to optimise its resources for sustainable growth and increased shareholders’ value, has announced a five five-year transformation plan.
NAHCO revealed that under the plan, it will invest heavily on capacity building for its people, technology and automation as well as facility upgrade.
Speaking at the ‘Closing of Gong’ ceremony at the Nigerian Stock Exchange (NSE), in Lagos, the Group Managing Director of NAHCO, Mrs Olatokunbo Fagbemi said the management is poised to reposition the company, and align operations with international best practice. She noted that the company has already put measures in place to mitigate possible operational challenges.
According to Fagbemi, “our top priority is our customers, because when we get everything right for our customers, deliver the right type of services, then you get the right type of income that can trickle down to profit. And it is from the profit that we can pay the right kind of dividend, and then it is from being able to drive that kind of service that we can create a company that would be an enviable place to work”.
She said “we started last year in investing in equipment, and we intend to do more so that we do not wait to run out of equipment. We are also refreshing our facilities; we do not wait till everything falls apart before we put them together”.
Fagbemi also noted that “most importantly, we are also investing in our people, we are doing a lot of transformation, we are turning into a knowledge organisation, and automation is the way to go. We are putting in place systems that will make operations easy for our people”.
NAHCO, which provides aircraft, passenger, and cargo handling and other related services, weathered the storm to end 2017 with higher profit after tax (PAT).