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    Friday, July 5, 2024

    Avolta Invests More Than $5 Million in Nigeria’s Duty-Free Airport Stores Since 2015

    Avolta has made a significant investment of over $5 million in Nigeria’s duty-free airport stores since 2015.

    Avolta, a Swiss-based travel retail corporation specializing in duty-free and duty-paid shops and convenience stores in global airports, has announced an investment exceeding $5 million in Nigeria’s aviation industry since 2015.

    During the official inauguration of Avolta’s duty-free stores at the new terminal of the Murtala Muhammed International Airport (MMIA) in Lagos, Abdeslam Agzoul, CEO for Avolta, Middle East and Africa, revealed that the investments encompass duty-free stores, innovations, infrastructure, and products.

    Mr. Agzoul stated that the company, which has been operating in Nigeria since 2015, currently has stores at the Lagos and Abuja airports.

    Additionally, he revealed that the company has made significant investments in training its personnel and has introduced internationally renowned brands in the perfume, cosmetics, alcohol, food, fashion, and other categories to the Nigerian market.

    He conveyed his enthusiasm regarding the recently launched stores, emphasizing that the new generation store incorporates cutting-edge technology, such as self-checkout tools, which enhance the sales and purchasing experience for customers.

    During his address, Agzoul expressed gratitude to the company’s local partner, Olivier Meyer, representing Marport Services Nigeria Ltd.

    Regarding the company’s Destination 2027 strategy, it is centered around a customer-centric approach, with a specific focus on the travel retail customer.

    “Our Nigerian staff count exceeds 50, and they are predominantly young. We aim to solidify our presence in Nigeria and Africa as a whole. Nigeria ranks among the top three economies in Africa, presenting an opportunity for us to expand our airport business in collaboration with the Federal Airports Authority of Nigeria (FAAN) to maximize benefits for Nigeria,” Agzoul elaborated.

    In Nigeria, there is a notable increase in air passenger traffic. Avolta aims to actively participate in this growth and adapt to the evolving customer preferences.

    He further explained that this is the reason the company is introducing new brands and products that satisfy the expectations of air travelers.

    Agzoul stated that Avolta has a presence in more than 73 countries with 5,100 outlets globally.

    At the event, Olubunmi Oluwaseun Kuku, the managing director of FAAN, expressed her delight in witnessing the significant growth and investments at the airport. She highlighted the opening of the duty-free store, which adheres to international standards, and encouraged the company to maintain this high level of quality.

    She praised Avolta for utilizing technology and innovation to enhance the passenger experience.

    She further affirmed FAAN’s dedication to fostering an investment-friendly and business-conducive environment at the airports.

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