- Ethiopian Airlines Still Believes in Boeing Despite Crash – CEO
The Chief Executive Officer of Ethiopian Airlines, Tewolde GebreMariam, says the airline still believes in aircraft manufacturer, Boeing, despite the recent crash of one of its B737 Max, killing 157 passengers and crew on board.
GebreMariam stated on Monday that both companies had been partners for many years and more than two-thirds of the aircraft in its fleet were made by Boeing.
He said, “Let me be clear; Ethiopian Airlines believes in Boeing. They have been a partner of ours for many years. More than two-thirds of our fleet are Boeing. We were the first African airline to fly the 767, 757, 777-200LR, and we were the second nation in the world after Japan to take delivery of the 787 Dreamliner.
“Less than a month ago, we took delivery of yet another two new 737 cargo planes, a different version from the one that crashed. The plane that crashed was less than five months old. Despite the tragedy, Boeing and Ethiopian Airlines will continue to be linked well into the future.”
He said the airline was proud of its association with the United States aviation industry, adding that Ethiopian Airlines was founded in 1945 with help from Trans World Airlines, and that in the early years, its pilots, flight crews, mechanics and managers were actually employees of TWA.
GebreMariam also stated that the investigation of the accident was well underway, and the airline would learn the truth.
“At this time, I do not want to speculate as to the cause. Many questions on the B-737 MAX airplane remain without answers, and I pledge full and transparent cooperation to discover what went wrong,” he added.
He said the airline’s pilots who fly the Boeing 737 Max 8 were fully trained on the service bulletin issued by Boeing and the Emergency Airworthiness Directive issued by the USA FAA, adding that among the airline’s seven full flight simulators, two of them were for B-737 NG and the B-737 MAX.
“We are the only airline in Africa among the very few in the world with the B-737 MAX full flight simulator. Contrary to some media reports, our pilots who flew the new model were trained on all appropriate simulators. The crews were well trained on this aircraft,” he added.
Sterling Homes Plans To Reduce Housing Deficit
Sterling Homes Limited has said it is committed to working with the government through private public partnership to reduce housing deficit in all the geo-political zones in the country.
The Managing Director, Mr Kunle Adeyemi, said this during an event on the company’s rebranding organised as part of its 10th year anniversary in Lagos on Friday.
During the event, the company while expressing commitment to excellence and customer satisfaction, unveiled its new logo with colours to define its mission and objections.
“We want to be present in all the six geo-political zones on Nigeria by providing affordable luxury homes, excellent torch. So for us, there is a need for us to rebrand and have a new direction and vision.
“We want to partner with the government on the present housing deficit; we want to embrace a public, private partnership with the government to reduce the deficit in every geo-political zone.”
The managing director said that one of its unique selling points was its after sales services which was top notch.
He said it ensured that its customers were taken through the journey of actualising their dreams of becoming home owners.
While noting that everyone deserved to have a comfortable home despite the economic situation, he said it had designed a structure payment plan with zero interest in some cases to help intending home owners.
He said it also had provisions for high breed options and developing areas to accommodate various income levels.
Before the end of the year, he said, Sterling Homes would be establishing new presence and projects in other regions.
Mutual Benefits Drives Financial Inclusion
Mutual Benefits Assurance Plc says it is committed to deepening financial inclusion and creating easy accessibility for insurance in the country.
A statement from the firm on Friday said it expressed this commitment when it inaugurated its South-West region franchise operations in Ibadan, Oyo State.
The Managing Director, Mr Femi Asenuga, said this was part of its efforts to develop the insurance business and create values.
He said, “The role we all have to play is to be ambassadors of Mutual Benefits.
“A franchise is a well-known word and the way Mutual Benefits practices franchise is in our normal style of creating and adding value; we never rest.”
Asenuga said that the firm was working with stakeholders to increase awareness and take its message to the grassroots.
In developed economies, he said, insurance firms owned banks. He regretted that this was not the situation in Nigeria.
He said the firm would provide stakeholders with the platform and support to make them excel as a member.
The Managing Director, Mutual Benefits Life Assurance Limited, Mr Ademola Ifagbayi, appreciated the stakeholders and urged them to take advantage of the franchise.
The Group Managing Director, Odua Group, Mr Adewale Raji, in his address, advised stakeholders to be committed and showcase good character and integrity.
He said, “The Odua investment is owned by the six South-West governments and it is in our interest when economic, businesses and investment spreads across the South-West states.
“This is an opportunity for us to strengthen insurance penetration within the South-West states.”
CAC Sets Three-Hour Circle For Company Registration
The Corporate Affairs Commission on Sunday stated that following the successful deployment of an end-to-end registration module, it was now prioritising the reduction of the registration circle for new companies to just three hours before the end of year 2021.
Registrar-General of the commission, Garba Ababukar, gave the indication at a dinner in honour of the Chairman, Governing Board, CAC and Nigerian Ambassador Designate to the Kingdom of Spain, Ademola Seriki.
The commission disclosed this in series of tweets posted via its Twitter handle on Sunday.
“To achieve the target, the registrar-general said the commission was making arrangements to empower over 400 approving officers with working tools to process and approve registration applications either from home or anywhere necessary,” the agency stated.
Abubakar noted that the challenges of COVID-19 pandemic had adversely hampered CAC’s delivery timeline.
He, however, said the CAC was resolutely committed to serving its customers despite being forced to operate with less than 50 per cent of its workforce.
While bidding farewell to Seriki, the registrar-general said he received the news of his appointment with mix feelings as CAC was going to miss his tremendous support and guidance.
The Minister of Industry, Trade and Investment, Niyi Adebayo, described the outgoing CAC Chairman as a man of immense pedigree and endowed with enormous potential to justify the confidence reposed in him by the president.
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