NAHCO Expands Capacity as Cargo Export Volume Rises

Nahco
  • NAHCO Expands Capacity as Cargo Export Volume Rises

Following a rise in cargo export volumes, the Nigerian Aviation Handling Company Plc has expanded its warehouse.

The firm said the move was tailored towards increasing capacity to take care of growing cargo volumes.

According to NAHCO, the new facility, comprising the annex extension, the canopy and the ramp areas, comes on the heels of expanding airfreight volume in the country.

“The annex extension has a dimension of 270 square metre; the canopy area 352 square metre and the ramp area 55 square metre, and provides adequate space for packaging rising cargo exports by clients who have demonstrated preference for NAHCO as their handling partner of choice,” the firm said in a statement.

The firm stated that reports had shown that export tonnage for the first quarter of 2019 stood at 3,679,283, about 950,308 more than the same quarter of 2018 figure of 2,728,975 square metre, adding that the trend was expected to continue.

NAHCO stated that its current market share was more than 65 per cent of export cargo in the country, working with airlines such as British Airways, Delta, Emirates, Ethiopian and Turkish Airlines.

The Group Managing Director, Mrs Olatokunbo Fagbemi, said the company would continually upgrade on its facilities and modernise its operations as a matter of policy.

“We are constantly improving and innovating and we are happy our clients are delighted about what we are doing. The new NAHCO Aviance is one that plays by the rules and ensures that all its processes meet international standards. We will continue to delight our clients in many more ways and guarantee them great satisfaction,” she said.

According to Fagbemi, NAHCO is doing all it can to support the Federal Government in its export drive and would support all exporters, both big and small, in order to help achieve this.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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