NAHCO Renews Qatar, Saudia, ASKY Deals, Signs FlyGabon Contract as Experts Hail Solar Export Breakthrough

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By Benjamin A. Ameh

The Nigerian Aviation Handling Company Plc (NAHCO) has reinforced its leadership in Africa’s aviation ground handling industry after securing fresh multi-year contract renewals with global airlines, signing a new partnership with FlyGabon and successfully facilitating Nigeria’s growing solar energy exports to the United States.

The latest achievements position the NGX-listed company not only as West Africa’s foremost aviation ground handling service provider but also as an emerging logistics powerhouse supporting Nigeria’s expanding non-oil export economy.

NAHCO announced that it has extended long-term ground handling agreements with Qatar Airways, Saudia Airlines and ASKY Airlines while signing a fresh three-year contract with FlyGabon, a rapidly expanding Central African carrier now operating into Nigeria.

The company also disclosed that it has commenced handling exports of solar cells manufactured by BGE (Nigeria) Solar FZE to the United States, marking another significant milestone in Nigeria’s drive to diversify exports beyond crude oil.

The solar export project, which commenced in January 2026, is being executed through NAHCO’s cargo facilities in Lagos using international carriers including Lufthansa, Ethiopian Airlines, Turkish Airlines and DHL, with consignments ranging from 20 to 50 tonnes per shipment.

According to the company, NAHCO provides end-to-end logistics solutions including cargo acceptance, warehousing, export documentation, cargo build-up and full aircraft handling services, ensuring seamless export operations.

Multi-Year Airline Confidence

Qatar Airways renewed its partnership with NAHCO for another three years, while Saudia Airlines extended its relationship for five years. Regional carrier ASKY also renewed its agreement for another three years.

FlyGabon has equally signed a three-year contract as it expands operations into Nigeria, strengthening regional connectivity across West, Central and Southern Africa.

These agreements add to earlier contracts secured this year with Air France, KLM, Virgin Atlantic, RwandAir, Sky7, Pioneer, Avia Green, Benani and the Aviation Clearing House.

Industry analysts say the growing list of international airline partnerships reflects increasing confidence in NAHCO’s operational standards after more than four decades of uninterrupted service delivery.

Management Reaffirms Growth Strategy

Group Executive Director, Commercial and Business Development, Prince Saheed Lasisi, described the renewed confidence from global airlines as evidence that NAHCO continues to set industry standards in aviation handling.

He said the company remains committed to exceeding clients’ expectations through professionalism, innovation and operational excellence.

Similarly, Group Managing Director and Chief Executive Officer, Mr. Olumuyiwa Olumekun, said continuous investments in technology and operational efficiency would ensure NAHCO remains Africa’s benchmark for safety, reliability and customer satisfaction.

He stressed that the company would continue delivering value to airlines, cargo operators, shareholders and the wider Nigerian economy.

Experts Analyse NAHCO’s Expanding Influence

Responding to questions from The Ameh News, economist Celestine Ukpong said the development highlights how aviation logistics can become a major catalyst for Nigeria’s economic diversification.

According to the economist’s analysis, securing long-term contracts with leading international airlines provides stable foreign exchange earnings while strengthening investor confidence in Nigeria’s aviation infrastructure. He further noted that the commencement of solar cell exports demonstrates that Nigeria is gradually positioning itself within emerging global clean energy supply chains, creating opportunities for increased non-oil export earnings and industrial growth.

Public relations strategist and Founder of Henryjanleens, Dr. Ejike Nduilo, observed that beyond the commercial value of the contracts, the announcement represents a significant corporate reputation milestone.

In his expert assessment, NAHCO has consistently built credibility through operational reliability, enabling global airlines to renew partnerships over several years. He added that sustaining such relationships requires not only technical competence but also effective stakeholder management, brand consistency and institutional trust, all of which strengthen Nigeria’s image as a dependable aviation hub.

Financial analyst and Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), Peter Adebayo, FCA, said the contracts could provide greater earnings visibility for the company and improve long-term shareholder value.

His analysis suggests that recurring revenue from multi-year airline agreements enhances business predictability while expanding into export logistics reduces dependence on passenger aviation alone. He noted that the diversification strategy could strengthen profitability, improve cash flow resilience and create sustainable value for investors over the medium to long term.

A Growing Aviation and Logistics Giant

Established in 1979, NAHCO has evolved from a traditional ground handling company into a diversified aviation and logistics group with investments spanning airport management, energy, logistics, hospitality, free trade zone operations and commodity exports.

Operating across all major Nigerian airports, the company continues to strengthen its regional footprint while supporting Nigeria’s ambition to become West Africa’s preferred aviation and logistics hub.

With renewed confidence from international airlines and growing participation in high-value export logistics, NAHCO appears well positioned to benefit from increasing intra-African trade, the African Continental Free Trade Area (AfCFTA) and rising global demand for efficient aviation cargo services.

For industry observers, the latest contracts and the successful movement of solar cell exports signal more than corporate expansion—they reflect the growing importance of aviation logistics in driving Nigeria’s industrialisation, export competitiveness and regional economic integration.

NAHCO has renewed long-term contracts with Qatar Airways, Saudia and ASKY, signed FlyGabon, and commenced solar cell exports to the U.S. Experts say the development strengthens Nigeria’s aviation, logistics and non-oil export economy.


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