Home Aviation Vice President Lauds GACL Management Over Maiden Dividend Payment

Vice President Lauds GACL Management Over Maiden Dividend Payment

Vice President Lauds GACL Management Over Maiden Dividend Payment | By Joojo MAAPA

Vice President Professor Naana Jane Opoku-Agyemang has commended the management of Ghana Airports Company Limited (GACL) for its financial performance and prudent management, following the company’s announcement of its maiden dividend payment to the Government of Ghana.

The Vice President described the dividend declaration as a welcome development, recognising the company’s efforts to diversify its revenue base and strengthen its financial contribution to the state.

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Speaking at GACL’s 20th Anniversary Lectures and Awards in Accra, Prof. Opoku-Agyemang said the company’s achievement reflected the importance of building on sound management practices while pursuing sustainable growth.

“I also welcome its efforts to diversify revenue, as well as the announcement of GACL’s first dividend payment to Government,” she said.

GACL has earmarked GH¢30 million for payment to the Government, its sole shareholder, marking the first dividend since the company was established in 2007.

Managing Director, Mrs Yvonne Afriyie Opare, announced the decision at the company’s 11th Annual General Meeting, where she presented its operational and financial performance for the 2025 financial year.

The dividend declaration comes amid the company’s responsibility to finance airport infrastructure development and operations across the country, including regional facilities that are yet to become commercially profitable.

Despite these financial pressures, GACL recorded an improvement in its financial performance in 2025. Its profit increased to GH¢354.6 million from approximately GH¢336 million in 2024, while passenger traffic grew by six per cent to 3.6 million.

Aircraft movements also increased by 2.2 per cent to 47,270, with cargo volumes rising by 4.8 per cent to 44,826 tonnes.

Prof. Opoku-Agyemang congratulated GACL’s board, past and present management, staff and stakeholders for their contributions over the past two decades.

She urged the company’s leadership and workforce to consolidate the gains made and sustain the momentum as GACL enters its next phase of growth.

The Vice President also stressed the importance of operational efficiency, proper maintenance and sustainability in strengthening Ghana’s aviation sector.

Vice President Lauds GACL Management Over Maiden Dividend Payment | send all enquiries and press releases to AviationGhana.info@gmail.com

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