SAHCO was picked from three nominees in the Transport
Related category because of the recognition of SAHCO’s stellar performance in
creating value on the Nigerian Stock Exchange on the basis of the following
criteria which are share price, dividend payments, sustainability, brand value,
market leadership and business strategy in 2021.
At the event, Ogho Okiti, the Managing Director of
BusinessDay Media Limited said in his opening speech that the award ceremony
which was formerly known as Top 25 Awards was created to recognize leaders of
public and private companies who have created sustainable alpha-generating
value for their shareholders through their strategic priorities, operating
efficiencies, organizational values and market engagement activities.
He went on to say that though there has been a backdrop of
slow economy growth and a volatile national economy in the past 12 months,
following the Covid-19 pandemic in 2020, the capital markets have maintained a
positive growth trend showing a testament of the resilience and agility of
businesses within the bourse.
Basil Agboarumi, the Managing Director/ CEO of SAHCO, who
received the award said that though the company is fairly new to the Nigerian
Stock Exchange market having joined on the 23rd of April, 2019, SAHCO has done
very well as a Public Listed company by delivering Aviation Ground Handling
Service in line with internationally accepted best practices. He also went on
to say that SAHCO will continue to deliver safe, speedy and efficient service
thereby making Nigeria proud.
The Skyway Aviation Handling Company PLC was prior to
December 2009 a struggling establishment of the Federal Government of Nigeria,
having been rescued from the ashes of the liquidated Nigerian Airways then the
SIFAX Group led by its Executive Chairman, Dr Taiwo Afolabi, bought over SAHCO
as a preferred bidder from the Federal Government of Nigeria, in a keenly
contested privatization exercise by the Nigerian Government Privatization
Agency- Bureau of Public Enterprises (BPE) and then it was listed on the
Nigerian Stock Exchange Market in 2019.
Today, SAHCO is a great brand that has won its way to the
heart of the Aviation Community, having undergone and received the highest
available International and local certifications, providing equipment and
facilities that matches with the very best anywhere in the world.
SAHCO is a Public Listed enterprise involved in the
activities which includes Passenger Handling, Ramp Handling, Cargo Handling and
Warehousing, Aviation security, Baggage Reconciliation, Crew bus and Executive
Lounge services and other related Ground Handling services for World best
Airlines, originating within Nigeria and from various parts of the Continent.
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