The National Aviation Company NAHCO announced a “strategic” partnership with the Nigerian Airforce that will improve safety at the airports and the country. Well, if you are looking to find exactly what this partnership is for I have no clues. NAHCO is an aviation handling company providing cargo services, aviation handling, crew transportation amongst others.
Considering that NAHCO is quoted and the only Aviation company listed on the NSE it will be of immense help to actually know what this partnership is all about. Will it help with NACHO’s operations thereby improving efficiency? Will it improve revenues and bottom line? NAHCO share price did not move an inch following this announcement.