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Old 25th April 2007, 09:18 PM
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Default NAHCO to extend operations to Tinapa, West Africa

More revenue, more profit and the eventual smile on investors' faces

Quote:
The Punch
NAHCO to extend operations to Tinapa, West Africa
By Rasheed Bisiriyu
Published: Wednesday, 25 Apr 2007

The Nigerian Aviation Handling Company Plc has announced plans to extend its operations to centres in the West African sub-region.

The Managing Director of the company, Mr. Bates Sarki Sule, who dropped the hint in an interview with our correspondent in Lagos on Monday, also said that NAHCO would soon hit Calabar to be part of the Tinapa project.

He said the firm would extend its operations to the new terminal building at the domestic wing of the Murtala Muhammed Airport, Lagos.

The company, he added, would diversify into courier services, travels and tours.

He recalled that the company had commenced moves to raise its capital base from N150m to N500m to meet the current and future challenges.

He said that the increase was in accordance with the directive from the Nigerian Civil Aviation Authority.

http://www.punchontheweb.com/Articl....20070425316750
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