Shareholders, NUATE seek support for NAHCO’S Board, Management

 Citing sustained growth and development, shareholders of Nigerian Aviation Handling Company Plc (NAHCO)have urged all stakeholders to support the board and management of the company.

 According to the shareholders, the company in less than ten years successfully raised its equity from N2 Billion to over N15 Billion.

 National Coordinator, Proactive Shareholders Association of Nigeria, Taiwo Oderinde, in a statement forwarded to  www.citybusinessnews.com  on Monday advised shareholders to support the company’s growth, noting that “some people are not happy with the progress made by the company as disclosed at the Annual General Meeting (AGM) held last month”,

 Meanwhile, the National Union of Air Transport Employees (NUATE) has passed a vote of confidence on the current board and management of NAHCO led by its chairman, Malam Suleiman Yahyah.

A statement explained that NUATE delivered the message signed by its National President, Comrade D.M. Safiyanu at the Company’s AGM in Abuja.

The union acknowledged  the significant investment the board and management has made especially in human capital development.

 NUATE urged the company to “invest more in training and retraining and encourage your employees and the management to key into the vision and mission of those airlines that you service to enhance safety culture.”

   Explaining further, Oderinde described recent allegations against the company as baseless.

 He said: “On pages 35 and 73 of the audited Annual report and accounts of the Company for 2015 accounting year,  there are disclosure on the shareholding structure of the Company and the insider related activities were well reported in the report”.