Privitilization A study of Nigeria Aviation Handling Company (NAHACo) Plc

Abstract

The issue of mismanagement, bureaucracy, and under-utilization of scarce resources in Nigeria’s aviation industry has led to huge wastage of resources and man-power potentials. To redress this situation, the government had no option but to pursue a privatization programme in the aviation industry. This paper aims to find out the impact of privatization on the aviation industry in Nigeria. The National Aviation Handling Company (NAHCo) Plc is used as a case study. The analysis was based on the data obtained from the company prospectus for sales of shares, the various annual reports and accounts, and the write-up in the newspapers and news magazines. In conclusion, it was observed that the privatization has been justified since it brings upliftment to the company in all ramifications.