NAHCO Bags Industry  Award


Nigeria’s leading ground handling company, the Nigerian Aviation Handling Company Plc, (nahco aviance) has emerged as the overall winner in the Public /Technology/Healthcare/Transportation and Aviation Industry category of the 2015/2016 edition of the Nigerian Risk Awards.

The award is a testimony to the company’s spirit of resilience and hard work. Having emerged the runner-up in the last edition, it took creative efforts on the part of the  ompany to clinch the award, just a year after.

 Nahco aviance was scored by  the judges as the winner in a field that parades top brands.

In the words of Head, Enterprise Risk Management of the company, Adewale Akinwale,  “Nahco aviance earned this through our hard work and commitment to safety, efficiency and dedication towards improving our bottom-line revenue in the interest of our shareholders.”

 According to him, the company recorded a 99.6 percent reduction in cargo claims in the year under review, from N53 Million in 2014 to less than N200, 000 in 2015.

“We had zero aircraft damages. We cut our cargo claims payment down from N53, 434,096.03 in 2014 to just N177356.78 in 2015. We achieved all these despite the threat of economic collapse due to 2015 general election fears, highly volatile foreign exchange rates which led to reductions in cargo volumes and passenger numbers, crippling fuel scarcity situations which grounded many organizations to a halt and in the face of an unethical industry competition”, Akinwale  said.

In another development, the  NAHCO Free Trade Zone (NFZ), a subsidiary of the company,has announced the appointment of  Usman Arabi Bello as Chairman.

Bello, who was before now the Vice Chairman of the company, took over from Mr. Bolaji Balogun who retired in March, 2016.

A widely-travelled property expert, Bello is also an administrator of repute. His directional managerial responsibilities cover the consultancy consortium Ericon Bello & Associates and its subsidiary, Arabi Bello & Associates, where he is principal partner.

 The company said Bello sits on the boards of quite a number of companies including HNB Security and Protection Company Limited as Chairman; Bello Group of Companies and Zycom Surveillance Inc.