Plc has set strategies to maintain the strong business performance
displayed in the recently released 2018 year-end results. The company
articulated its robust growth projections for the year 2019 at its Facts
Behind the Figures presentation which held on Tuesday, March 26, at the
Nigerian Stock Exchange.
The presentation which comes on the heels of the recently released
financial results for Transcorp Plc and Transcorp Hotels in the year 2018,
was anchored by the CEO of the Nigerian Stock Exchange, Oscar N. Onyema,
OON. He commended the Transcorp Board of Directors for taking giant
Corporate Governance strides by meeting up with its post–listing
requirements of filing its financials and for being the first to present
its Facts Behind the Figures to the Capital Market community in 2019.
Emphasising the importance of an enabling environment as the engine that
drives private sector growth, President/Chief Executive Officer, Transcorp
Plc, Mr. Valentine Ozigbo, reiterated the importance of boosting the
investment landscape and projecting Africa as an investment destination to
the world.
Speaking on the social impact milestones of the Group, Mr. Ozigbo stated
“Today, we own and manage Transcorp Hilton Abuja, the best business hotel
in Africa, as well as Transcorp Hotels Calabar, and are intent on
improving tourism in Nigeria and beyond. We own and manage Transcorp Power
Limited, one of the most strategic power assets in Nigeria and aim to meet
the power needs of 1 out of every 4 Nigerian, and through this, help in
poverty eradication and improving Nigeria’s competitiveness. We are
positioning to be that Conglomerate Nigerian’s will be most proud of.”
The Managing Director/Chief Executive Officer, Transcorp Hotels, Mrs. Owen
Omogiafo, spoke on the expansion focus of Transcorp Hotels Plc, touching
on the Hotel’s most recent asset acquisition and its efforts to cement the
brand as the preferred hospitality choice across Africa.
“With Africa’s rich cultural landscape, tourism can easily become a key
economic prospect, and Transcorp is playing its part in the hospitality
value chain to ensure Nigeria, and indeed Africa, is seen as the preferred
destination for tourism and hospitality,” she said. “Already, we are doing
evidently well, considering the number of awards and nominations we have
received in last year. We will continue to deepen our play within the
tourism industry and put Nigeria on the map through the provision of
exceptional service at our hotels’. She concluded.