SAHCOL invests N3bn in equipment acquisition

By AYIBEMA NWOSU
Posted: Tuesday, February 15, 2011

As part of measures to meet the growing challenges in the aviation industry especially in grand handling operations, Skyway Aviation Handling Company Limited (SAHCOL), has invested over 3 billion naira in equipment procurement.
Managing Director, SAHCOL, Isaac Orolugbagbe, disclosed while briefing journalist on the achievement of the company recently.
He stated that the reason for the huge investment in new equipment was due to the fact that the organisation was poised to change the face of grand handling business in the industry adding that it would be an ongoing concern of the company.
He said: “There are a few tangible things you would have seen in terms of equipment. I think so far we have spent over 3 billion to acquire new equipment. Most of the time we borrow money from banks to finance the purchase of new equipment.”
The SAHCOL boss further disclosed that the company has also completed its ultra modern new warehouse which is fully computerized to meet the needs of its customers and facilitate seamless operations in the company.
Orolugbagbe pointed out that the company has also signed a contract Lufthansa subsidiary to install cargo software in its cargo warehouse.
“We have also completed the warehouse, which is adjacent, the old one, it is 5000 square meter. We have also acquired software, you the enterprise, so whether you are in procurement, purchasing, you are human resource, you are finance, there is one software that everybody use to run the company now. If you have a requisition for biro you go to your computer, you put your requisition, there is a manager that will authorize, as soon as he authorizes, the system passes it to somebody, checks are made and if don’t attend to it on time and you are the authorizer, the e-mail will trigger and it will escalate to your superior that you haven’t done your job. In that way the entire company is integrated in a seamless manner.
“We have also signed contract with Lufthansa subsidiary for cargo and warehouse management software, they call it cargo soft. It is one of the most popular software for managing cargo business in aviation. I am sure within the next 2, 3 months the team will come and install it because we have paid and we are waiting for implementation,” he said.