NAHCO Targets N300 Billion Revenue with Ambitious 5-Year Growth Plan
✈️ NAHCO Targets N300 Billion Revenue with Ambitious 5-Year Growth Plan
Nigerian Aviation Handling Company (NAHCO) Plc has unveiled a bold five-year transformational growth plan aimed at strengthening its existing operations, expanding into new markets, and hitting a revenue milestone of N300 billion by 2029.
Key Highlights from NAHCO’s Growth Strategy:
Revenue Targets:
The company projects steady revenue growth across its various business segments:
• 2024: N38.49 billion
• 2025: N71.12 billion
• 2026: N101.93 billion
• 2027: N146.07 billion
• 2028: N209.34 billion
• 2029: N300 billion
The breakdown includes contributions from:
• Ground Handling: N120 billion
• Cargo Handling: N40 billion
• NAHCO Logistics Services: N36 billion
• Free Zone Operations: N15 billion
• Commodities: N80 billion
• Travel & Hospitality: N7 billion
• Aviation Academy: N2 billion
Investment and Innovation:
• NAHCO is heavily investing in manpower and ground support equipment (GSE) to enhance service delivery.
• Plans to replace ageing equipment by 2026 are already underway.
Nigerian Aviation Handling Company (NAHCO) Plc has unveiled a bold five-year transformational growth plan aimed at strengthening its existing operations, expanding into new markets, and hitting a revenue milestone of N300 billion by 2029.
Key Highlights from NAHCO’s Growth Strategy:
Revenue Targets:
The company projects steady revenue growth across its various business segments:
• 2024: N38.49 billion
• 2025: N71.12 billion
• 2026: N101.93 billion
• 2027: N146.07 billion
• 2028: N209.34 billion
• 2029: N300 billion
The breakdown includes contributions from:
• Ground Handling: N120 billion
• Cargo Handling: N40 billion
• NAHCO Logistics Services: N36 billion
• Free Zone Operations: N15 billion
• Commodities: N80 billion
• Travel & Hospitality: N7 billion
• Aviation Academy: N2 billion
Investment and Innovation:
• NAHCO is heavily investing in manpower and ground support equipment (GSE) to enhance service delivery.
• Plans to replace ageing equipment by 2026 are already underway.
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