Nigerian Aviation Handlers Seek Tax Waivers Amid Revenue Surge
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.
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