Nahcoaviance, FAAN set up machinery to defray debts

…To pay N100m monthly

Chukwuemeke Iwelunmo

Management of Nahcoaviance and the Federal Airports Authority of Nigeria (FAAN) have agreed that a mutually beneficial relationship will help both organizations grow leaps and bounds and improve airports operations especially with regards cargo handling around the nation’s airports This is just as the Group Managing Director of Nahcoaviance, Mrs Olatokunbo Fagbemi has said that the handling company has set modalities in place to defray its debts as it intends to keep its books current. The nahcoaviance boss who made this known while speaking to the Managing Director of FAAN, Engineer Saleh Dunoma, said that plans are already underway to pay FAAN N100million monthly to ensure that the debt is defrayed in the shortest time possible. She said,”Our journey from Lagos is a very simple journey, our story is simple but essentially first is to say thank you, we have received substantial support from FAAN in the last few weeks on an issue that has been pending for a while and I believe we’d be able to find common grounds it has to do with safety and security around the air cargo complex. ‘ The other thing is before I got in we were owing a lot of money but I said we need to know that we can’t ask for things if we are not paying because so we are saying thank you for that support. We have been able to work out something with the director of finance so we pay N100 million every month, hopefully, we believe that by the end of this year we will not owe, we will keep our books current. we have to say thank you because unto who much is given much is expected. ” “We are going to clear the backlog so that doesn’t continue because if you want a lot of things from FAAN, you should also pay She, however, highlighted some key areas of mutual development to the FAAN boss seeking his assistance to correct certain trend that could hamper both their businesses including crowd control and others both at Lagos and Abuja Airports. “We need to safeguard our business and we need to operate at an international standard.” She also commended the FAAN management for the rapid changes ongoing at the nation’s airports stating, ”A lot of things have been done at the airport and no one can go around any of the airports and walk away from the airports without noticing any positive difference.” Reacting, FAAN MD, congratulated the new GMD and went down memory lane stating that the airport authority would do all in its power to support nahco especially since nahco used to be a part of FAAN before privatisation. He also said FAAN would look at Nacho’s requests on the Lagos and Abuja cargo areas critically stating that the ground handlers were critical to safety and security around the airport. Dunoma said, “Nahco and FAAN used to be one and so whatever nahco brings to the table nahco is an attachment of FAAN, FAAN created nahco and in the wisdom of government, they decided nahco be privatized. Privatization is done, nahco is a success story till date so whatever nahco request, we have little reason to say no because you started with one statement, our success is your success and your success is our success, so it has to be a win-win situation, so we continue to support you and do everything possible to assist you to improve your business because if you look at your operations of nahco it is critical to the operations of FAAN.