Skip to main content

Aviation Bevelopment: SIFAX Group Consortium To Partner FG, LASG

By Anne Ejuka


In a bid to develop the aviation sector in the Nigeria, the SIFAX Group and its aviation partners, Changi Airports International from Singapore have opened discussions on strategic collaboration with the Federal Government and Lagos State government.

SIFAX Group, through one of its subsidiaries, SAHCO Plc that is already a major player in the aviation ground handling space. However, the consortium is looking to explore more business prospects in the sector such as aviation terminal management, airline management and development and other ancillary services.

In various meetings held recently with the Vice President, Kassiem  Shettima, Lagos State Governor, Babajide Sanwo-Olu and the Minister of Aviation, Festus Keyamo, the Group reiterated its commitment to the development of Nigeria’s aviation sector, explaining that the company has the capacity to contribute substantially to the growth of the sector, which will positively impact the nation in terms of job creation, tourism development and economic growth.

Chairman of the Consortium, Dr. Taiwo Afolabi, noted that SIFAX Group has a track record of turning around enterprises for profitability in Nigeria and beyond. Citing the example of SAHCO Plc which he said was carved out of the defunct Nigeria Airways and was Concessioned to the Group in 2009. Afolabi noted that SIFAX Group has invested heavily in growing it to become the number one cargo handling company in West Africa, as well as being listed on the Nigeria Stock Exchange.

He said: “SAHCO is a very good example of the Group’s capacity and expertise in turning around enterprises for growth and profitability. Our port terminal, at Tin Can Island Port, Lagos is also another example we can reference to solidify our claims. It was in a bad shape when we won the concession in 2006 but years down the line, we are proud of the innovations we have introduced that has transformed the terminal to the leading indigenous terminal in the Lagos port.

“We are also turning around the fortune of Warri Terminal B, in Warri Delta State which was abandoned for years. All of these experiences and expertise alongside our technical partnership with Changi Airports International can be put at the disposal of the Federal Government and Lagos State government in their quests to float their respective airlines and the development and management of airport terminals across the country".

Speaking at the meeting, Roy Toh, Director, International Projects, Changi Airports International, said its partnership with SIFAX Group would enable the consortium to replicate what Changi Airports had done across the globe.

He said: “The Singapore Airport is a global reference of how aviation terminal management can be done successfully, we hope to replicate our success here in Nigeria. This is why we have partnered a company with credible track record, SIFAX Group and we are open to collaborations with the government”.

The Governor of Lagos state, Mr  Babajide Sanwo-Olu lauded SIFAX Group for its various investments in the state, which according to him, have contributed greatly to its economic growth, assuring that the state is open to partner with the company.

Comments

Post a Comment

Popular posts from this blog

Eze Uchendu Applauds Compt. Olomu's Outstanding Performance In Apapa

By Anne Ejuka
  ...Berates APMT For Lack  of Capacity & Technicality ...Calls FG to Set Up Committee To Access APMT Operations In Nigeria The remarkable performance of the Customs Area Controller of the Apapa Customs command, Comptroller Babatunde Olomu fsi has been commended by a renowned freight forwarder, the Chairman of National Association of Government Approved Freight Forwarder( NAGAFF), Apapa Chapter, Fowdr. Prince Eze Uchendu. Accessing the Apapa Command under the control of Compt. Olomu,  the  chairman applauded the resilience and doggedness of the area controller in all areas of operation, in his words, "I think for now we have a good controller, the person of controller, Babatunde Olomu, since his inception as the CAC Apapa, I can say Apapa Command has never had it so good, so I can score the Nigeria customs high In all fields of endeavour, the controller has been a moving controller,  he's not a controller that stays in office. He comes to the terminals ...
Post a Comment
Read more

KNIGHTS OF ST. JOHN (KSJI) TAKES A SWIPE AT BAD LEADERSHIPS IN NIGERIA

By Anne Ejuka
  Maj. Gen. (Prof) Remy Uche,  KSJI Supreme Subordinate President, Nigeria. As Christians all over the world marked  the feast of the Passion of St. John the Baptist on August 29 commemoration of his beheading by King Herod for speaking up to the truth, the Knights of St. John International (KSJI) of the Roman Catholic Church has taken a swipe against which it described as obnoxious and draconian leaderships in many spheres of life in Nigeria. The Knights of St. John International (KSJI), a sodality organisation of men and women looked up to in the Roman Catholic Church as people of integrity, is not happy with the current situation in the country where leaders in some places are not serving expectedly. According to a press statement made by the KSJI leader in Nigeria (Supreme Subordinate President), Maj Gen. Remy Uche (Prof), and signed on his behalf, by his Chief of Staff, Sir Abuchi Anueyiagu, to mark the feast of the Passion of St. John the Baptist, the patron saint...
Post a Comment
Read more

Breaking News: CBN Ordered To Immediately Suspend Enforcement Of Cuber-Security Levy

By Anne Ejuka
Hon. Tajudeen Abbass Speaker of the House of Representatives   The House of Representatives has ordered the Central Bank of Nigeria (CBN) to immediately suspend the enforcement of the controversial cybersecurity levy. The House took this decision following a motion raised by Minority Leader Kingsley Chinda on behalf of all members. The House had expressed concern that the circular issued by the CBN could be misunderstood by Nigerians, it however, noted that the directive does not align with the principles outlined in section 44(2a) of the cybercrime Act regarding the recipients responsible for paying the levy. The House urged the CBN to promptly retract its previous circular regarding the levy’s enforcement and instead publish a new circular aligned with the Act’s provisions. The cybersecurity levy was introduced by CBN through a circular to all banks on May 6, 2024, in accordance with the stipulations of the cybercrime Act.
Post a Comment
Read more