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New NAHCO management promises better returns to shareholders

New NAHCO management promises better returns to shareholders
February 10
06:49 2019

Olatokunbo Fagbemi, managing director of Nigerian Aviation Handling Company (NAHCO) Plc, has assured that the company will sustain its growth as it seeks to improve operations to deliver greater values to customers and shareholders.

Speaking when the newly appointed board visited the Nigerian Stock Exchange (NSE), Fagbemi said the company will reenergize its system.

“My top priority is very simple, it is to get everything right because when we get everything right for the customer and we deliver the right kind of service, then we get the right kind of income that can trickle down to profit and it is from the profit that we are going to be able to pay the right kind of dividend,” she said.

“A lot of work has been done in the past, what I will do is build on what is there, the areas where there are gaps, my priority will be to close those gaps and ensure that we deliver services in a safe and secure manner.

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“What we are going to do is put into our people the right kind of knowledge, the right kind of vision and passion that drives everybody to excel. Because even if we put in the best systems, we have the best facilities, we have the best equipment, if we don’t get the people right, it is going to be a waste.”

She assured that the company has strategies to identify challenges within the economy and find ways to tackle these.

“We have strategies in place and that’s why we are taking early decisions already. We started last year, we invested in equipment and we are going to do more so that we don’t wait to run out of equipment before we run around. We are also refreshing our facilities so we are not going to wait until everything falls apart before we put it together.”

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NAHCO reported a 110% increase profit after tax from N287.4 million to N601.3 million in the interim report for the period ended September 30, 2018

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