BPE Explains Inability To Pay N1.8b Severance Benefits To SAHCOL Ex-workers

BPE Explains Inability To Pay N1.8b Severance Benefits To SAHCOL Ex-workers

The Bureau of Public Enterprises (BPE) says the compulsory contribution to the Treasury Single Account (TSA) is preventing it from paying N1.8 billion severance packages to the ex-staff of the Skypower Aviation Handling Company Limited (SAHCOL) since 2018.  The bureau’s...
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NSE Admits SAHCO At N4.65 Per Share

NSE Admits SAHCO At N4.65 Per Share

By Moses Ebosele, ebosele@hotmail.com –  After several months of rigorous steps, the management of Nigerian Stock Exchange (NSE) on Tuesday officially welcomed Skyway Aviation Handling Company Plc (SAHCOL) to its Main Board. Tuesday’s listing by I...
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SAHCO To Divest 406,074,000  Shares, Sets Aside 10 Per cent For Workers

SAHCO To Divest 406,074,000 Shares, Sets Aside 10 Per cent For Workers

Skyway Aviation Handling Company Plc (SAHCO) on Monday  announced plans to raise N1.9billion in an Initial Public Offering (IPO).  Speaking in Lagos, the Chairman, SAHCO, Dr Taiwo Afolabi, explained that the IPO was being undertaken based on terms of the...
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