The Nigeria Customs Service Technical and Hangar Services Limited (NCT&HSL) successfully held its inaugural Annual General meetimg AGM in Abuja.
The event brought together key stakeholders from the aviation, customs, and logistics industries to discuss operational development and expansion of aviation services.
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Comptroller-General of Customs Adewale Adeniyi praised the company’s achievements, noting significant progress since the inauguration of its board last year.
He expressed confidence in the company’s investments, citing a recent visit to the hangar where he observed busy operations.
The Ministry of Finance has expressed interest in further investing in the company, which could provide fresh capital, expertise, and networks to drive growth.
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As the majority shareholder, the expectation is that the company will continue to grow as a profit-yielding entity, providing value to stakeholders and shareholders.
NCT&HSL Managing Director Capt. Kuhi Mbaya emphasized the company’s role in modernizing customs operations and its commitment to balancing workforce competence with financial prudence.
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The company is adopting smarter financial strategies for maintaining equipment, exploring cost-effective alternatives such as leasing or collaborating with other organizations.
The AGM concluded with the appointment of new auditors and reappointment of directors.
The meeting set the stage for long-term planning, including upgrading aircraft maintenance facilities, improving ground handling services, and expanding the NCS fleet to support customs enforcement operations.