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BPE DG On Post Privatization Visit Says ‘SAHCOL Is a Good Story’

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(L-r): Rizwan Kadri, managing director of SAHCOL, showing Alex Okoh, director general of the Bureau of Public Enterprises (BPE), round SAHCOL facilities.

Alex Okoh, director general of the Bureau of Public Enterprises (BPE), has visited the Skyway Aviation Handling Company Limited (SAHCOL), as part of the bureau post privatization monitoring programme.

After the physical inspection of SAHCOL facilities, Alex Okoh could not hide his admiration for SAHCOL, when he revealed that the initial briefing he had was that the SAHCOL facilities were ‘world class’, and that he was not expecting much as the term was usually used loosely, but what he saw after the inspection truly matches the description of “world class”, hence, quite pleased.

Alex Okoh, who was accompanied on the visit by Baba Mohammed, the BPE director of Capital Market,  and received by Rizwan Kadri, the managing director of SAHCOL, and the Management staff at the company headquarters, divulged that the purpose of the visit was to applaud SAHCOL for a job well done so far, and to seek whether it is ripe to give SAHCOL a clean bill of health, in order to present a discharge certificate to the company, so as to be completely off the monitoring of BPE.

The Director General, revealed that SAHCOL is one of their success story so far, and hence will want to understand the dynamics behind the success, and perhaps be able to replicate it in BPE’s future privatization and transactions. He stated, “essentially we want you to know that we are quite pleased with the progress SAHCOL has made so far, which goes to justify the principles of privatization.”

Going down memory lane, the Director General  uncover the reason behind Federal Government privatization exercise, stressing that the Federal Government, as part of the effort to put action to the general notion that the government has no business in business, enacted a law in 1999, known as the Public Enterprise Act, to identify certain government enterprises which needed to be privatized and handed over to the private sector.

This, according to him is to ensure that the efficiency of the services rendered by these enterprises are improved upon, and also to stop the bleeding in terms of the pressure that these enterprise that were not fully efficient were putting on the treasury of the federation.

He said, Nigerian Airways was one of the enterprise that was identified to be privatized, while others cuts across various sectors. Incidentally, SAHCOL was one of the subsidiaries of Nigeria Airways that was slated for privatization, and this was because of the realization that Ground Handling as an aviation services will be best managed by private sector led initiative.

In addition, he said the transaction method observed and chosen for the particular privatization of SAHCOL was full privatization, so as to heighten the level of services rendered, given the international benchmark, but in some of the other enterprise sold, government has held some stake essentially in order to direct the strategic services that is provided to the public space.

Reinforcing the essence of his visit to SAHCOL, Alex Okoh emphasized that, what BPE tries to do, especially for the fully privatized companies like SAHCOL “is to keep monitoring the performances of the level of services rendered, given the international best practices that have to be met, to ensure that they meet the critical objectives of privatization in the first place.”

The BPE Director General reiterated that SAHCOL is “a good story”, as all the privatized companies have not been successful, “because in some of the fully privatized entity, what you find is that some of the services that they were supposed to render are not being rendered, essentially running fowl of the objectives of the whole exercise”, but glad to say that for what he has seen so far the Bureau is so impressed.

He congratulated SAHCOL for a job well done so far, while disclosing that BPE will also be looking at possibility of SAHCOL listing some of its shares in the stock market in the future.

SAHCOL was handed over to the Sifax Group in December 2009, after its successful privatization by the Federal Government of Nigeria. Within this period, SAHCOL has invested in personnel development, purchase of modern equipment, infrastructural development and good customer services, which has helped reposition the company to meet the expectations and needs of its growing list of clientele.

SAHCOL, which is an excellent example of a very successful government privatization, is an Aviation Ground Handling company, offering services in Passenger Handling, Ramp Handling, Cargo Handling and Warehousing, Aviation security, Baggage Reconciliation, Crew Bus and Executive Lounge services and other related Ground Handling services; while ensuring that Ground Handling assignment is carried out in an efficient, speedy and safe manner, by deploying appropriate tools.

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FG to Partner Boeing to Launch National Carrier

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Sen. Hadi Sirika, Minister of State for Aviation, has said that the Federal Government is set to sign a Memorandum of Understanding (MoU) with Boeing on the establishment of a national carrier for Nigeria.

Sirika, in his tweet on his handle,@hadisirika on Thursday, said the MoU would be signed during the forthcoming Third ICAO World Aviation Forum (IWAF) in Abuja.

The minister also disclosed that Airbus of France had indicated interest in partnering with the government on the proposed carrier and establishment of Maintenance, Repair and Overhaul facility in the country.

He said that the government and Airbus would also discuss further during the IWAF 3 that would hold from Nov. 20 to Nov. 22.

“Airbus signified interest in our National Carrier and our MRO, we will discuss further during the upcoming ICAO forum,’’ he said.

It would be recalled that the minister had expressed President Muhammadu Buhari’s administration determination to establish a national carrier and MRO in a bid to reposition the nation’s aviation sector.

He had since announced the appointment of transaction advisers for the national carrier and MRO.

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NIPOST at Retreat, Rejigs to Remain Afloat

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Nigerian Postal Service (NIPOST) is repositioning the post office as a critical national infrastructure to utilize its extensive network penetration for social and financial growth, Bisi Adegbuyi, postmaster general of the Federation has said.

 

Adegbuyi at the NIPOST zonal strategic management retreat in Kaduna, said that the retrest, will help determine the true position of NIPOST strategic milestones in the journey towards actualization of the set objective.

 

He said, “The retreat will provide us with the opportunity to x-ray our position as we analyze our performance so far against set objectives with a view to taking remedial measures in the area of sharp deviations and as well re-invest a new wheel where necessary in our march to the promise land.

 

“In the last five months of uninterrupted strategy implementation, a lot has happened, the corporate restructuring is taking shape, the business units are reshaping their products, the zones are now on ground supported by their districts while the Chief Operating Officer has taken full control of the operations for efficiency.

 

He observed that the greatest challenge to the relevance of NIPOST is in the area of product offering adding that, “For a long time NIPOST has remained a mono-product organization focusing mainly on mail and even that too is challenging.”

 

Malam Abdulrahim Baba, director, Strategy and Business Development, said the post office can help farmers and small businesses scale up their production by repackaging their products so that they can acquire market instead of letting their products rot away.

 

He added, “NIPOST will put internet facilities and computers in our rural post offices so that the children living in the rural areas can learn how to use the computer and the internet because presently, the computer and internet is used in all sectors.”

 

He informed that the NIPOST presently has seven different business from the one that was available in the past adding that, “We have cut down from 36 territories to seven zones to conserve resources and provide good services to our customers in a bid to create a new playing field.”

 

Malam Nasir El-Rufai, governor of Kaduna state, represented by Engineer Mahmud Hassan, commissioner, Kaduna state Ministry of Works and Transport, urged participants to live up to expectation and the sky is their limit.

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Taxify Set to Launch Services in Abuja

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By peter oluka

Taxify, the fastest-growing ride-sharing platform in Europe and Africa, launches in Abuja with hundreds of driver-partners signed up to the platform and ready to accept rides all across the city.

To celebrate, Taxify is offering a 40% discount to riders during the month of November.

Uche Okafor, the operations manager, comments:  “Abuja is an exciting and thriving market with an outgoing population for private urban transport. We’re very excited to launch here and have a solid team on ground.

“We are confident that Taxify can effectively contribute to healthy competition by improving the quality of service and lowering the prices for the end customer.”

Taxify takes only 15% commission from its drivers, compared to the 25% that competitors take.

The lower commission allows Taxify to offer lower prices for riders and ensure that drivers still keep more money in their pockets.

Taxify treats our drivers better so that they can in turn treat our riders better. Taxify does this by ensuring that drivers are able to earn more driving on our platform than on any other platform.

This combined with our end to end support ensures that our drivers are happier driving on Taxify and are ultimately able to provide better quality service for riders. Taxify also believes in providing exemplary customer service to riders, with a local customer support team that offers real time over the phone support.

Taxify is an international urban ride-sharing platform founded and headquartered in Tallinn, Estonia.

Taxify is operating in 20 countries in Europe, the Middle East, Africa and Central America. Taxify has a global team of over 300 employees, and is considered one of the fastest-growing ride-sharing platforms in Europe and Africa.

In August 2017, Taxify announced a strategic partnership with Didi Chuxing, the world’s leading mobile transportation platform. The Taxify app is available on iOS and Android.

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