Business
SAHCOL Acquires More Equipment For Service Delivery
As part of its
determination to improve the face of ground handling in Nigeria, in line with international best practices, the Skyway Aviation Handling Company Limited (SAHCOL), has taken delivery of additional Groups Support Equipment (GSE).
The equipment, manufactured in the US and United Kingdom include Conveyor Belt Leader and Baggage Tractor, Baggage Carts, Pallet and Container Dollics, respectively which are already being deployed to further improve services to clients across the network.
Meanwhile, as part of the growing profile of the company, SAHCOL, was awarded the contracts to provide ground handling services to Max Air, Kabo Air, West Link Air, Medview Airline and Skypower Ariline for the outbound and inbound of the last Hajj Operations.
SAHCOL handled 75 outbound flights from Nigeria to Saudi Arabia operated by airlines from Lagos, llorin, Kano, Bauchi, Gombe, Kebbi Dutse and Port Harcourt.
The company said in transformation of ground handling services in Nigeria, it would soon open to the public a cargo warehouse complex that would rank with the best in the world’s aviation community and by implication a pride to Nigeria especially the country’s aviation cargo warehousing services as it promises modern/automated warehousing facilities.
Spokesman of SAHCOL, Mr Basil Agborumi said the company is spareheading a change that would make available the best of facilities and equipment to bring the desired satisfaction to total aviation ground handling services to all customers.
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Business
Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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