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Firm Opens in-flight Catering Service at Lagos Airport



World's most expensive flight
  • Firm Opens in-flight Catering Service at Lagos Airport

A catering firm, LSG Sky Chefs, in partnership with an indigenous firm, Things Remembered, has opened an in-flight catering service facility at the Murtala Muhammed International Airport, Lagos.

The firm, in a statement on Tuesday, said the facility was designed to produce up to 10,000 meals a day as it was equipped with modern facilities, mostly imported from Europe.

The Minister of State for Aviation, Hadi Sirika, while speaking at the launch, said that the facility would distinguish the Lagos airport as the airport of choice among airlines and passengers in the sub-region.

Sirika, who was represented by the Chief Executive Officer, Sky Catering Service, Paul Obla, said the quality of the in-flight catering service would provide added incentives to air travellers emanating from the country.

He said, “What we see today is a fulfilment of the desire of the LSG Group to pursue targeted partnership that will make its portfolio even robust, which is what we see coming to fruition today.

“The global in-flight catering services market has reached $15.54bn in 2017 and is expected to grow at a compound annual rate of 5.06 per cent and a market size of $18bn by 2021.”

The Chairman, Board of Directors, Things Remembered, Mrs Adeola Omikunle, in her welcome address, said the project was in partnership with Lufthansa Airline, while other foreign carriers and indigenous airlines had moved their services to the catering service company.

She explained that the company, which commenced in 1985, did not start as a catering service, but dealt in household materials.

According to her, no fewer than 400 employees are already engaged directly by the company, while thousands of people will also benefit indirectly from the organisation.

Omikunle explained that in March 1985, Things Remembered got its first letter of award to operate a snack bar at the then Terminal 1 of Murtala Muhammed Airport Lagos, which is now known as Murtala Muhammed Airport 2.

She described Things Remembered as a brand name in the industry, setting the pace in hospitality and adding value to the nation’s economy through job creation.

She said, “Our first airline customer was Arik Air, courtesy of the Director General, Nigerian Tourism Development Corporation, Folorunsho Coker. A couple of months later, Things Remembered took over all Arik Air’s catering covering all its local, regional and international flights from Lagos, until 2015 when the airline decided to open its own kitchen.”

She added that the Minister of Information and Culture, Alhaji Lai Mohammed, lauded the company for its vision to create jobs for teeming Nigerians.

Omikunle quoted Mohammed as saying, “The company can create jobs for at least 400 Nigerians with prospect for expansion; the Federal Government will continue to support indigenous companies in its drive for expansion.”

The Chief Operating Officer, LSG Sky Chefs, Alfred Rigler, said the company had over 200 partners worldwide, adding that Nigeria was the right place for investment on the continent.

He maintained that the company would consistently create avenues for Nigerians to work and excel.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.


FG Reopens Osubi Airport Warri for Daylight Operations




FG Reopens Osubi Airport Warri for Daylight Operations

The Federal Government on Monday said the Osubi Airport in Warri has been reopened for daylight operations.

The Minister of Aviation, Hadi Siriki, disclosed this in a tweet.

The airport was closed in February 2020 over mismanagement and debt allegation involving aviation service providers and airport management.

However, Oberuakpefe Afe, a lawmaker representing Okpe/Sapeie/vaie federal constituency, recently moved a motion for the Federal Government through the ministry of aviation and relevant authorities to reopen the airport for flight operations.

On Monday, Hadi Siriki said “I have just approved the reopening of Osubi Airport Warri, for daylight operations in VFR conditions, subject to all procedures, practices and protocols, including COVID-19, strictly being observed. There will not be need for local approvals henceforth.

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Nigerian Brand, JR Farms Acquires 11% Stake in Rwandan Firm




Nigerian Brand, JR Farms Acquires 11% Stake in Rwandan Firm

JR Firms, an agribusiness firm with headquarters in Nigeria, has announced partnership with Sanit Wing Rwanda through the acquisition of 11 per cent stake in the company.

The CEO of the company, Mr Rotimi Olawale, explained in a statement that the partnership was in furtherance of its goals to ensure food security, create decent jobs and raise the next generation of agrarian leaders in Africa.

The stake was acquired through Green Agribusiness Fund, an initiative of JR Farms designed to invest in youth-led agribusinesses across Africa.

Sanit Wing Rwanda is an agro-processing company that processes avocado oil and cosmetics that are natural, quality, affordable, reliable and viable.

The vision of the company is to become the leading producers of best quality avocado and avocado by-products in Africa by creating value across the avocado value chain.

With focus on bringing together over 20,000 professional Avocado farmers on board and planting of three million avocado trees by 2025 through contract farming, the company currently works with One Acre Fund in supply of avocado to its processing facility.

The products of the company which include avocado oil, skin care (SANTAVO), hair cream and soap are being sold locally and exported to regional market in Kenya.

With the new partnership with JR Farms- the products of the company will enjoy more access to markets focusing on Africa and the European Union by leveraging on partnerships and trade windows available.

Aside funding, the partnership comes with project support in areas of market exposure, capacity building, exposure and other thematic support to grow the business over the next four years.

JR Farms has agribusiness operations in Nigeria, Rwanda, United States and Zambia respectively.

In Nigeria, the company deals in cassava value chain processing cassava to national staple “garri” which is consumed by over 80 million Nigerians on daily basis, while in Rwanda, it works in the coffee value chain with over 4,000 coffee farmers spread across the East Central African country.

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Shut Down Depots Selling Petrol Above Approved Price – Marketers




Shut Down Depots Selling Petrol Above Approved Price – Marketers

The Federal Government should close down depots that are selling petrol above the approved price, oil marketers said on Thursday.

National President, Independent Petroleum Marketers Association of Nigeria, Sanusi Fari, said the sale of petrol above government approved price by depot owners would soon lead to a hike in the commodity’s pump price.

Fari told journalists in Abuja that the government through its agencies such as the Department of State Services and the Department of Petroleum Resources should curb the development to avoid crisis in the downstream oil sector.

He said some private depot owners were selling at N165 per litre to independent marketers, way above the government stipulated price of N148 per litre.

Fari said, “Our challenge is the inconsistency in the pricing of petrol. Up till a week ago, government was still insisting that the February price for petrol remained unchanged.

“And most of the private depot owners are selling above the government stipulated price. As at today ( February 25, 2021) private depot owners are selling at N165 per litre to independent marketers.”

He added, “In the last six years, only NNPC imports refined products into this country and these tank farms buy their products from NNPC under a controlled price.

“This has affected our businesses seriously because government is insisting that we sell at the rate of N165, which is not going to work.”

The IPMAN president said filling station owners buy the product at N165 per litre from the private depots and incur other expenses such as transportation, rent, etc.

“So government cannot expect us to sell less than what we buy,” he said.

Fari added, “This is why we are calling on government and agencies that are saddled with the responsibility to control petrol pricing to urgently clamp down on depots that are selling above the stipulated price.”

The Nigerian National Petroleum Corporation, the country’s sole importer of patrol, recently stated that it never hiked the cost of petrol to depots.

It also enjoined the depot owners to sell the product at the approved rate and called on the DPR to enforce the stipulated price across the depots.

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