The Managing Director of Skyway Aviation Handling Company Plc (SAHCO), Mrs. Adenike Aboderin, has reaffirmed the company’s commitment to operational efficiency, safety enhancement, and improved passenger experience following a high-level meeting with Bi-Courtney Aviation Services Limited (BASL), operators of the Murtala Muhammed Airport Terminal Two (MMA2), Lagos.

Aboderin, alongside members of SAHCO’s executive management team, paid a courtesy visit to BASL as part of efforts to deepen institutional collaboration and strengthen operational synergy within Nigeria’s aviation industry.

The engagement brought together senior officials of both organisations to discuss key industry issues including airport safety management, operational efficiency, infrastructure expansion, technological innovation, baggage handling, passenger facilitation, and stakeholder collaboration.

Welcoming the delegation, the Acting Chief Operating Officer and Head of Aeronautical and Cargo Services at BASL, Mr. Remi Jibodu, stressed the importance of sustained collaboration among aviation stakeholders in achieving seamless airport operations and improved customer satisfaction.

“At MMA2, our focus remains on creating an efficient, safe, and passenger-friendly airport environment. Achieving this requires strong collaboration among all operators within the aviation value chain,” Jibodu said.

He noted that BASL had continued to strengthen operational efficiency through enhanced monitoring systems, real-time performance reporting, stakeholder accountability mechanisms, and infrastructure improvements aimed at reducing congestion, improving turnaround time, and ensuring seamless passenger processing.

Jibodu also commended SAHCO’s commitment to operational improvement and safety enhancement, describing stakeholder engagements as critical to improving service delivery across the aviation sector.

In her remarks, Aboderin congratulated BASL on the recent settlement announcement made by the Honourable Minister of Aviation and Aerospace Development, expressing optimism that the development would open new opportunities for stronger collaboration and long-term industry growth.

“We believe this development will further strengthen collaboration and create greater opportunities for operational efficiency and long-term growth within the aviation industry. As a key partner within the aviation ecosystem, we also look forward to being appropriately positioned for the upcoming expansion,” she stated.

Aboderin said the visit was aimed at aligning operational objectives and building stronger partnerships capable of driving sustainable growth across the aviation ecosystem.

“The aviation industry operates as an interconnected system, and collaboration among stakeholders is critical to achieving operational excellence, safety, efficiency, and improved passenger experience,” she added.

The SAHCO Managing Director disclosed that the company was currently investing heavily in modern Ground Support Equipment (GSE), staff training, digital solutions, and customer service enhancement initiatives to meet evolving airline and industry expectations.

According to her, SAHCO is also intensifying operational discipline, safety culture, and soft skills development among personnel while introducing improved monitoring systems to reduce operational risks and enhance airside efficiency.

Speaking on ongoing expansion discussions within the sector, Aboderin said the planned introduction of a slot management system would improve turnaround time, operational planning, equipment deployment, and overall coordination as passenger traffic continues to rise.

The meeting also focused on apron safety, operational discipline, fatigue management, behavioural compliance among airside personnel, and the need to sustain efficient turnaround times to support operational reliability and passenger convenience.

Both organisations agreed on the need for continuous training, stronger safety oversight, counselling programmes, and stricter monitoring systems to reduce operational incidents within the airport environment.

They also explored opportunities for leveraging technology and shared operational platforms to improve communication, coordination, and data visibility among airlines, airport operators, and ground handling companies.

The meeting ended with renewed commitments from both SAHCO and BASL to sustain collaboration towards improving safety standards, infrastructure development, operational efficiency, and service delivery across Nigeria’s aviation sector.

Shareholders of Nigerian Aviation Handling Company have urged the company to bid for the Federal Government’s planned airport concessions after the aviation handling giant posted a strong N65.82 billion revenue for the 2025 financial year.

The shareholders made the call at the company’s 45th Annual General Meeting in Lagos, where they commended NAHCO’s impressive financial growth, rising market value and expanding operations across the aviation sector.

President of the Association for the Advancement of Rights of Nigerian Shareholders, Dr. Farouk Umar, said the company now possesses the financial strength and operational capacity to manage airport terminals under the Federal Government’s proposed privatization programme.

According to him, NAHCO’s consistent growth and expanding international operations position it as a strong contender for airport terminal management under the planned Public-Private Partnership arrangement.

He noted that the company’s share price rose from about N80 to over N200 within one year, while new businesses secured from Fly Gabon, Saudi and Qatar operations would further strengthen revenue and profitability.

The Federal Government plans to privatise and concession five major international airport terminals through a Public-Private Partnership model to be supervised by the Bureau of Public Enterprises and the Ministry of Aviation and Aerospace Development.

Speaking at the AGM, Chairman of NAHCO Group, Dr. Seinde Oladapo Fadeni, said the company achieved significant growth across major performance indicators in 2025 through operational efficiency and disciplined cost management.

Fadeni said the board recommended a dividend payment of N6.25 alongside a bonus issue of one share for every seven shares held for the 2025 financial year.

He added that despite the impact of inflation and rising fuel prices on operations, the company remained committed to sustaining growth and expanding into new business opportunities.

Group Managing Director and Chief Executive Officer of NAHCO, Mr. Olumuyiwa Olumekun, said the company had continued to strengthen its position as West Africa’s largest aviation services and logistics group.

According to him, NAHCO recorded a 188 per cent year-on-year stock growth with market capitalization exceeding N200 billion.

Olumekun also disclosed that the company had launched a five-year strategic diversification plan aimed at increasing revenue beyond N300 billion through new ventures and collaborations.

He further revealed that NAHCO acquired over 271 new ground support equipment units within the last three years as part of efforts to modernize operations with fuel-efficient and environmentally friendly assets.

Financial figures presented at the AGM showed that the company’s revenue increased by 22.93 per cent from N53.54 billion in 2024 to N65.82 billion in 2025.

Profit before tax rose by 29.83 per cent from N18.70 billion to N24.28 billion, while profit after tax grew by 36.02 per cent from N12.87 billion in 2024 to N17.5 billion in 2025.

Earnings per share also increased by 36.14 per cent from N6.60 in 2024 to N8.99 in 2025.

Another shareholder, Mr. Patrick Ajudua, praised the company’s management for delivering improved returns and sustaining strong growth despite economic challenges.

During the meeting, shareholders approved the appointment of PwC as the company’s external auditor in place of EY, while Abdulhamid Aliyu, Reverend Victor Abimbola Olaiya and Mrs. Adebisi Oluwayemisi Bakare were re-elected as non-executive directors.

The Federal Airports Authority of Nigeria (FAAN) has intensified efforts to reposition the country’s air cargo sector with a strategic engagement involving cargo agents and freight forwarders at the Murtala Muhammed International Airport (MMIA), Lagos.

The meeting, organised by FAAN’s Directorate of Cargo Development and Services (DCDS), focused on plans for the proposed Cargo Village and the operational framework expected to drive a more efficient and globally competitive cargo system in Nigeria.

Held on May 12, 2026, the session brought together recognised agents’ associations operating across the cargo value chain under the theme: “Strategic Engagement Session on Cargo Village Development and Operational Framework.”

Representing the Director of Cargo Development and Services, Mr. Lekan Thomas, the General Manager, Cargo, Mrs. Alao Mamman, said stronger collaboration among stakeholders remained critical to the successful delivery of the Cargo Village project.

According to her, the initiative is designed to improve operational efficiency, simplify cargo handling procedures, and align airport cargo operations with international best practices and global standards.

Also speaking during the engagement, the General Manager, Cargo Partnerships and Registration, Engr. Jay Etim, outlined major components of the project, including the development of the Aviacargo Village, creation of an integrated cargo logistics hub, and co-location of cargo stakeholders within a coordinated operational environment.

He added that the framework would also strengthen operational standards, improve access control systems, and ensure strict compliance with regulatory requirements while reinforcing the role of licensed cargo agents in the evolving aviation logistics ecosystem.

Stakeholders at the meeting were given the opportunity to contribute recommendations and operational insights aimed at ensuring the project reflects industry realities and promotes inclusiveness across the cargo sector.

FAAN said the engagement forms part of ongoing efforts to create a more structured, secure, and efficient cargo environment capable of supporting trade growth and boosting Nigeria’s aviation logistics capacity.