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Nigerian Aviation Handlers Seek Tax Waivers Amid Revenue Surge

Daily Trust··1 min read

The Nigerian aviation ground handling sector, represented by Skyway Aviation Handling Company Plc (NGX: SKYAVN) (SAHCO), is advocating for tax incentives to alleviate financial pressures. SAHCO's Managing Director, Adenike Aboderin, revealed a significant 57% revenue growth despite economic challenges.

The company's success is attributed to strategic investments in technology, infrastructure, and cost-saving measures. However, Aboderin emphasized the broader sector's need for tax waivers and regulatory support to sustain operations amidst rising costs and foreign exchange volatility.

Plus234Feed summary based on reporting from Daily Trust.

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