Day: May 27, 2021

NNPC to stake $3bn for Dangote Refinery’s 20% equity buy-over

Tade Salako

  Here is the major reason, NNPC, which, few days ago, awarded $1.5 billion rehabilitation contract for Port Harcourt refinery, is all out to place over $3 billion investments on Dangote Refinery.   The Nigerian National Petroleum Corporation (NNPC) has said that it plans to acquire a 20% minority equity stake in Africa’s biggest oil refining facility, Dangote Refinery, Lagos. Checks by Platforms Africa show that this plan will cost the corporation about $3 billion to purchase 20 per cemt stakea in the $15 billion Dangots Refinery.   READ ALSO:…

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Attacks on Nigeria’s election Umpire, INEC’s facilities hit 41 in 24 months

Dawood Rabiu

  Here is the full account of how INEC suffered an average of about 2 attacks per month in last two years + implications for next transition in Africa’s biggest democracy     The Nigeria’s election umpire, Independent National Electoral Commission (INEC) said it had suffered 41 deliberate attacks on its facilities across the country within the last two years. INEC Chairman, Prof. Mahmood Yakubu, disclosed this at the commission’s emergency meeting with security agencies under the auspices of the Inter-agency Consultative Committee on Election Security (ICCES).   READ ALSO: Another INEC headquarters on…

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AfriSAFE Targets 100m Africans in ‘I Am Safety’ Campaign, 2021 Awards

Gbenga Adeoti

  Organizers of the African Safety Awards for Excellence (AfriSAFE) have announced plans to kick off a Safety and Health campaign tagged ‘I Am Safety’ as nominations open for the third edition of the prestigious Safety Awards. Rear Admiral S. A. Olukoya (rtd), Chairman of AfriSAFE Board of Governors, made it known, in a statement obtained by Platforms Africa, that the goal of the campaign is to reach 100 million Africans with effective safety awareness messages that influence them to contribute positively to the safety of workers, the workplace and…

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NNPC in historic 314% Trading surplus surge, raked in  N538.94bn in Feb

Damilola Olonade

The Nigerian National Petroleum Corporation (NNPC) has announced a ₦39.85billion trading surplus for the month of February 2021 representing a massive 314.24% leap from the ₦9.62billion surplus it recorded in January 2021. This is contained in the February 2021 edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release sent to Platforms Africa by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru.   READ ALSO: BREAKING: Buhari appoints new Chief of Army Staff +His identity, antecedent Meet Ajoke, A Consequential…

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BREAKING: Buhari appoints new Chief of Army Staff +His identity, antecedent

Aliyu Aliyu

  Nigerian President Muhammadu Buhari has appointed Major General Farouk Yahaya as the new Chief of Army Staff. Yahaya, described as a gallant soldier, replaces Lt General Ibrahim Attahiru, who died in an air crash in Kaduna last Friday.   READ ALSO: Kaduna Crash: Co-Pilot Dies 2 Months After Wedding, Pilot weeks to Marriage REVEALED: Three Times Kaduna Plane crashes Killed Top Army Chiefs, Governor Buhari’s absence at Army Chief, Others’ burial sets Twitter on fire   Attahiru who died alongside 10 other officers in the plane crash was buried…

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