The Nigerian Aviation Handling Company Plc has recorded a profit before tax of N24.28bn for the 2025 financial year, while signalling interest in the Federal Government’s planned concession of major airport terminals across the country.
The company disclosed this at its 45th Annual General Meeting held in Lagos over the weekend, where shareholders urged management to leverage its strong financial position and operational capacity to bid for airport ownership and management under the Federal Government’s privatisation programme.
The Federal Government is currently pursuing the concession of five major international airport terminals through a Public-Private Partnership arrangement supervised by the Bureau of Public Enterprises and the Ministry of Aviation and Aerospace Development. The initiative, according to shareholders, is aimed at improving infrastructure, efficiency, and service delivery in the aviation sector.
Speaking at the AGM, President of the Association for the Advancement of Rights of Nigerian Shareholders, Farouk Umar, said NAHCO has attained the financial and operational strength required to compete for airport concessions within and outside Nigeria.
Umar commended the company’s market performance, noting that shareholders have continued to enjoy strong returns on investment.
