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Baru reiterates commitment to local investors



The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru, has restated the corporation’s commitment to support indigenous companies operating in the oil and gas industry to grow to their fullest potential.


The GMD, who stated this in a statement, maintained that the Federal Government is doing so much to stabilize the economy. NNPC, he said, would continue to encourage investors like Caverton Group in the keeping with the provisions of the Nigerian Content Act.


He expressed confidence that the company would deliver on its new contract to provide aviation services for the NNPC/Chevron Nigeria Limited (CNL) Joint Venture project based in Escravos.


“The award of a new contract by the NNPC/Chevron JV and the capacity of the Caverton Group to respond and mobilize with the introduction of 11 brand new helicopters exhibit the quality of character and tenacity of purpose of the company’s management,” he said. “The development also represents true commitment towards ensuring seamless running of the nation’s oil and gas industry and by extension the Nigerian economy.”


The firm was last year awarded a five-year logistics support contract by CNL, operator of the NNPC/CNL JV, for provision of aviation services with a two-year renewable option. He urged the company to continue to raise the bar in its business in order to position itself as company of choice in its chosen area of operation.

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