- NAHCO Plans To Invest N3.6bn In Equipment Upgrade
The Nigerian Aviation Handling Company (NAHCO) PLC has made known its plans to invest N3.6 billion in its equipment upgrade in order to improve on its service delivery.
The Group Managing Director NAHCO, Mrs Olatokunbo Fagbemi, in a press conference in Lagos, said the company has woken up from its lethargy of the past to roll out a five-year strategic plan to reclaim its prime position as a leading aviation handling company in Nigeria.
Mrs Olatokunbo Fagbemi, who was made the GMD of NAHCO in December 2018, said the new vision of the company is to be the leading service provider, to continuously innovate and reshape the market. A vision aimed at growing the company to an unrivaled position.
“We want this business to grow from what it is now to five times bigger and stronger as part of the 5-year strategic plan. In five years’ time, this company would have attained a greater height that is unfathomable.
“I am not saying the journey would be smooth, but we will do everything to achieve this, we will introduce automation, we will be different, NAHCO wants to maintain leadership position in the business, we want to drive the business in an excellent way, so we are looking at 5-7 times growth plan which is audacious but achievable.” she said.
Speaking on the planned state-of-the-art equipment and technology that will enable NAHCO achieve its set out goals, Mrs Fagbemi said, “The company has invested about N1.9 billion on equipment in the last couple of months, the equipment would be shipped into Nigeria soon and by September this year, we would have invested close to N3.6 billion. We are going to have a master plan for our facilities, we will also refurbish what we have; the warehouse, the buildings/structures and equipment too, we will do everything to attract customers, we will set new standards.”