Again, nahco shines at the Nigerian Risk Awards


Nigeria’s leading ground handling company, the Nigerian Aviation Handling Company Plc, (nahco aviance) has again confirmed its leadership position in the industry by emerging the overall winner in the Public /Technology/Healthcare/Transportation & Aviation Industry category in the 2015/2016 edition of the Nigerian Risk Awards.



Tayo Ajakaye, Nacho spokesman said 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 Company 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.



Speaking of the development, Adewale Akinwale, Head, Enterprise Risk Management of the Company, “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 N177, 356.78 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”, he added.



The Nigerian Risk Awards is unique in its processes as winners emerge through a rigorous process. It is therefore an award earned through proven effort and consistency.


By: Sade Williams

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