Daily Trust

Baru, Sirika, others laud Caverton Helicopter­s on safety

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After a rigorous tender process, Caverton Helicopter­s Limited was recently selected as the preferred air transport provider for the NNPC/Chevron Nigeria Limited Joint Venture based in Escravos, Nigeria.

To celebrate this feat, Caverton Helicopter­s Limited recently hosted a business luncheon at its Executive Flight Facility at Murtala Muhammed Internatio­nal Airport, Ikeja where the fleet of brand new helicopter­s to be used on thev contract was unveiled.

The new fleet of aircraft includes the state-of-the-art Bell 407 GXP and the industry workhorse Bell 412 EP. The Bell 407GXP incorporat­es new avionics, an upgraded engine, and new executive interior design options. Fitted with Rolls-Royce M250-C47E/4 dual channel turbine engine, the aircraft delivers exceptiona­l hot and high performanc­e, with efficient fuel economy.

In his address, Group Managing Director of NNPC, Dr. Maikanti Baru, said what Caverton did is a milestone and the power of vision of its chairman, Mr. Remi Makanjuola. “I have followed the company since inception, since Mr. Makanjuola conceived the idea of going into aviation logistics,” he said.

Commending the group for promoting indigenous content thereby helping the nation’s economy, the Minister of State for Aviation, Hon. Hadi Sirika, who was represente­d by a staff of the ministry said the new addition is like expanding the Nigerian aviation sector.

The Chairman, Caverton Offshore Support Group, Mr. Remi Makanjuola, said the unveiling of Caverton fleet of helicopter­s is a feat and a day that Nigeria and Nigerians should be proud off; a day that the aviation industry should be proud off that a Nigerian went to America to acquire 11 helicopter­s. The Republic of Malawi has become the second Southern African member country of Africa Finance Corporatio­n (AFC), Africa’s leading infrastruc­ture developmen­t finance institutio­n.

The accession of Malawi to AFC’s membership is a progressio­n of the corporatio­n’s existing investment footprint in the country. AFC had previously acted as Joint Mandated Lead Arranger (MLA) and Lender for a US$60 million commodity trade finance facility to Meridian Consolidat­ed Investment­s Ltd (Malawi), the integrated agricultur­al commoditie­s trading group to finance Meridian’s fertilizer importatio­n and sale in four Southern African countries.

Malawi’s accession also supports AFC’s membership expansion strategy into Southern Africa, and continued alignment of its country membership with its investment footprint.

Malawi, which signed its letter of adherence on 8th March 2018, becomes AFC’s 18th member state. Other member states include: Benin, Cape Verde; Chad; Côte d’Ivoire; Djibouti; Gabon; the Gambia; Ghana; GuineaBiss­au; Guinea-Conakry; Kenya; Liberia; Nigeria; Rwanda; Uganda; Sierra Leone and Zambia.

Andrew Alli, CEO of AFC, commented on the announceme­nt: “We are delighted to welcome Malawi as a member country of the corporatio­n.”

 ??  ?? From left: Chairman, Caverton Offshore Group, Mr. Remi Makanjuola; Group Managing Director NNPC, Dr. Maikanti Baru; Oba of Lagos Rilwan Akiolu; former Group Managing Director, NNPC, King Edmond Dakoru; and Managing Director/ CEO, Nigerian Stock...
From left: Chairman, Caverton Offshore Group, Mr. Remi Makanjuola; Group Managing Director NNPC, Dr. Maikanti Baru; Oba of Lagos Rilwan Akiolu; former Group Managing Director, NNPC, King Edmond Dakoru; and Managing Director/ CEO, Nigerian Stock...

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