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Home » SIFAX Group Consortium to Collaborate with FG, LASG on Aviation Development

SIFAX Group Consortium to Collaborate with FG, LASG on Aviation Development

Peter Oluka by Peter Oluka
February 5, 2024
in Travel
0
SIFAX Group Consortium meets LASG
SIFAX Group Consortium Meets LASG: L-R: Front row: L-R: Mrs. Yi Ling Tan, Senior Manager, International projects, Changi Airports International Singapore; Dr. Taiwo Afolabi, Chairman, SIFAX Group Consortium; His Excellency, Governor Babajide Sanwo-Olu, Governor, Lagos State; Roy Toh, Director, International Projects, Changi Airports International, Singapore and Mr. Minn Sett Soe, Deputy Technical Director, Changi Airports, International Singapore. Behind is Abayomi Oluyomi, Commissioner for Finance, Lagos State and Ope George, Commissioner for Economic Planning & Budget, Lagos State during a meeting between SIFAX Group and its aviation partner, Changi Airport International and the Lagos State Government on collaborations to develop the country's aviation sector.

SIFAX Group Consortium Meets LASG: L-R: Front row: L-R: Mrs. Yi Ling Tan, Senior Manager, International projects, Changi Airports International Singapore; Dr. Taiwo Afolabi, Chairman, SIFAX Group Consortium; His Excellency, Governor Babajide Sanwo-Olu, Governor, Lagos State; Roy Toh, Director, International Projects, Changi Airports International, Singapore and Mr. Minn Sett Soe, Deputy Technical Director, Changi Airports, International Singapore. Behind is Abayomi Oluyomi, Commissioner for Finance, Lagos State and Ope George, Commissioner for Economic Planning & Budget, Lagos State during a meeting between SIFAX Group and its aviation partner, Changi Airport International and the Lagos State Government on collaborations to develop the country's aviation sector.

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SIFAX Group and its aviation partner, Changi Airports International from Singapore have opened discussions on strategic collaboration with the Federal Government and Lagos State government to develop the country’s aviation sector.

SIFAX Group, through one of its subsidiaries, SAHCO Plc, is already a major player in the aviation ground handling space.

SIFAX Group Consortium Meets LASG 2
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SIFAX Group Consortium Meets LASG: Middle: Dr. Taiwo Afolabi, Chairman, SIFAX Group and His Excellency, Governor Babajide Sanwo-Olu during a meeting between the SIFAX Group Consortium and its partners from Changi Airport International, Singapore and the Lagos State Government held at the Government House, Marina, Lagos to discuss collaborations on the development of the country’s aviation sector.

However, the consortium is looking to explore more business prospects in the sector such as aviation terminal management, airline management and development and other ancillary services.

In various meetings recently with Kasim Shettima, the vice president, Babajide Sanwo-Olu, Lagos State Governor, and Festus Keyamo, the minister of Aviation, the Group reiterated its commitment to the development of Nigeria’s aviation sector, explaining that the company has the capacity to contribute substantially to the growth of the sector, which will positively impact the nation in terms of job creation, tourism development and economic growth.

SIFAX Group Consortium Meets LASG
Governor Babajide Sanwo-Olu, explaining a point to Dr. Taiwo Afolabi, Charman, SIFAX Group Consortium during a meeting between the SIFAX Group Consortium and the Lagos State Government to discuss collaborations on the development of the country’s aviation sector held at the Government House, Marina, Lagos.

Dr. Taiwo Afolabi, Chairman of the Consortium noted that SIFAX Group has a track record of turning around enterprises for profitability in Nigeria and beyond.

Citing the example of SAHCO Plc which was carved out of the defunct Nigeria Airways and was concession to the Group in 2009, Afolabi noted that SIFAX Group has invested heavily in growing it to become the number one cargo handling company in West Africa, as well as being listed on the Nigeria Stock Exchange.

He said:

“SAHCO is a very good example of the Group’s capacity and expertise in turning around enterprises for growth and profitability. Our port terminal, at Tin Can Island Port, Lagos is also another example we can reference to solidify our claims. It was in a bad shape when we won the concessioning in 2006 but years down the line, we are proud of the innovations we have introduced that has transformed the terminal to the leading indigenous terminal in the Lagos port.

“We are also turning around the fortune of Warri Terminal B, in Warri Delta State which was abandoned for years. All of these experiences and expertise alongside our technical partnership with Changi Airports International can be put at the disposal of the Federal Government and Lagos State government in their quests to float their respective airlines and the development and management of airport terminals across the country.”

SIFAX Group Consortium Meets LASG
Dr. Taiwo Afolabi, Chairman, in a chat with Abayomi Oluyomi, Commissioner for Finance, Lagos State and Ope George, Commissioner for Economic Planning & Budget, Lagos State during a meeting between SIFAX Group and its aviation partner, Changi Airport International and the Lagos State Government on collaborations to develop the country’s aviation sector held at the Government House, Marina, Lagos

Roy Toh, Director, International Projects, Changi Airports International, said its partnership with SIFAX Group would enable the consortium to replicate what Changi Airports had done across the globe.

He said:

“The Singapore Airport is a global reference of how aviation terminal management can be done successfully, we hope to replicate our success here in Nigeria. This is why we have partnered a company with credible track record, SIFAX Group and we are open to collaboration with the government”.

Governor Babajide Sanwo-Olu lauded the Group for its various investments in the state that have contributed greatly to its economic growth, assuring that the state is open to partner with the company.

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  • Peter Oluka
    Peter Oluka

    Peter Oluka (@peterolukai), editor of Techeconomy, is a multi-award winner practicing Journalist. Peter’s media practice cuts across Media Relations | Marketing| Advertising, other Communications interests. Contact: peter.oluka@techeconomy.ng

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Tags: Changi Airports InternationalFestus Keyamominister of AviationSAHCOSIFAX GroupWarri Terminal B
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Peter Oluka

Peter Oluka

Peter Oluka (@peterolukai), editor of Techeconomy, is a multi-award winner practicing Journalist. Peter’s media practice cuts across Media Relations | Marketing| Advertising, other Communications interests. Contact: peter.oluka@techeconomy.ng

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