SAHCO Not Responsible For SAHCOL Ex-Staff Benefits, Says SAHCO

Skyway Aviation Handling Company Plc (SAHCO) says SAHCO Plc is not responsible for the payment of benefits of ex-staff of now privatized Skyway Aviation Handling Company Limited (SAHCOL).
A statement signed by Mrs Adetola Vanessa Uansohia, Manager, Corporate Communications
SAHCO states that “in a meeting which had in attendance, the Director General of the Bureau of Public Enterprises(BPE) and the Chairman of SAHCO, BPE resolved that the benefits of the ex- staff of SAHCOL is to be borne by the Government, through the BPE and not SAHCO. The DG however promised to meet with the Union for further negotiations.
It should be noted that SAHCO was officially listed as a PLC in 2018, and while BPE was handing over SAHCO to the Stock Exchange, these benefits were not part of the liabilities handed over. Hence, SAHCO is not responsible for the payment.
The fortress of SAHCO has grown since Dr Taiwo Afolabi bought SAHCOL from the Federal Government with a huge influx of ultra modern equipment, building of the best warehouses in West Africa, massive employment of manpower and intense trainings which has made SAHCO a pride amongst one of the best organisation in Nigeria to work with.”