NAHCO’s director acquires N11.44 million worth of extra shares

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NAHCO's director acquires N11.44 million worth of extra shares
NAHCO's director acquires N11.44 million worth of extra shares

Tajudeen Shobayo, a Non-Executive Director at Nigerian Aviation Handling Company Plc (NAHCO), has expanded his stake in the company by acquiring an additional 540,730 shares valued at N11.44 million.

This update was provided through a notification of Directors’ Dealings, officially signed by the Company Secretary, Bello A. Abdullahi, and submitted to the Nigerian Exchange Limited.

The notice, also signed by Company Secretary Bello A. Abdullahi, specifies that the transaction took place on September 12, 2023.

These 540,730 units of NAHCO shares were purchased at an average rate of N21.15 per share.

Tajudeen Shobayo: A distinguished professional with a rich career

Tajudeen Shobayo, a distinguished professional, holds a degree from the University of Liverpool, UK, and is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).

Throughout his esteemed career, he has completed various professional programs both in Nigeria and internationally, covering areas such as Economics and Valuation, Opportunity/Project Management, Contract Management, Capital Budgeting, Fraud and Risk Management, and Strategic Cost Leadership.

With 38 years of work experience, Mr. Shobayo has contributed his expertise to both the public and private sectors, spanning industries such as oil & gas, education, real estate, and agriculture.

His roles have extended to management and board positions, showcasing his diverse skill set and extensive background.