Month: August 2021

DPR Says LPG Importation Will Erode Nigeria’s Gas Master Plan

ADEOLA YUSUF

The Department of Petroleum Resources, DPR, has cautioned that granting import license for Liquified Petroleum Gas, LPG, also called Cooking Gas, will slow down anticipate growth in the gas sector. Director of the DPR, Sariki Auwalu, said Nigeria has abundant and sweet gas waiting to be explored and the policy direction of the Minister of State for Petroleum Resources, Timipre Sylva, on gas is expected to attract humongous investment that will help in transforming the economy. Auwalu, said said today Nigeria produces about 8 billion standard cubic feet of gas…

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NCC, NESG Mull Ties to Boost Telecoms Impact on Nigeria’s Economy

ADEOLA YUSUF

L-R: Dr. Ikechukwu Adinde, Director, Public Affairs, Nigerian Communication Commission (NCC) and Nnanna Ude, Leader, National Assembly Business Environment RoundTable (NASSBER), Nigeria Economic Summit Group (NESG), during the NESG courtesy visit. The Nigerian Communications Commission (NCC) and the Nigeria Economic Summit Group (NESG) are considering possible areas of increasing collaboration to enhance the impact and contribution of telecommunications sector on Nigeria’s socio-economic development. This was the crux of deliberations during a courtesy visit by a delegation of the National Assembly Business Environment Round Table (NASSBER), a policy unit at NESG…

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Cryptocurrency for a layman, understanding threats, trend of financial revolution

ADEOLA YUSUF

Here, according to Mrs. ‘Dedoyin Hassan-Hamzat, a Nigerian registered Fund /Portfolio Manager, are reasons for the current revolution in financial services system, and why cryptocurrency is the beginning of a subtle end of Central Banking System around the world. She spoke during the Platforms Africa e-Discourse. Excerpts:   What is cryptocurrency and why is it gradually turning the elementary definitions we were given about money into lies? Cryptocurrency can be said to be a digital currency so we can call it a form of money. We can argue that crypto…

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Another Nollywood veteran actor dies weeks after begging for Hospital bill

ADEOLA YUSUF

A video of Oganiru lying on his sick bed while begging for financial assistance was shared online weeks ago     Another veteran Nollywood actor, Rich Oganiru, has died. His death comes a few weeks after that of another Nollywood household name, Rachael Oniga, in Lagos. Oganiru reportedly died on August 10, 2021 after being sick for months. READ ALSO:How Nollywood actor Ernest Asuzu slumped, died in wife’s presence + PHOTOS  How Two Nollywood Actors died within 5 days How Nigerian popular Filmmaker, Chico Ejiro, died on Christmas Day Nollywood…

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Food Poison: How Nigerian Family of 24 Died in One Day

ADEOLA YUSUF

  Deadly, costly mistakes they made, lessons others should learn – Health commissioner   A family of 24 in Nigeria has died for mistaking a fertiliser type of chemical, popularly called “Gishirin Lalle in Hausa” as seasoning in domestic family food they cooked and ate. Commissioner for Health, Sokoto state, Northwest Nigeria, Dr Ali Inname, who confirmed the deaths of the 24 family members, said in a statement sighted by Platforms Africa that the incident occurred on Monday in Danzanke village of Bargaja ward, Isa Local Government Area of Sokoto…

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Okunbo extremely pivotal to IBEDC establishment, firm mourns pioneer Director

ADEOLA YUSUF

The Board, Management and Staff of Ibadan Electricity Distribution Company (IBEDC) Plc with a heavy heart announce the untimely passing of our esteemed investor and pioneer Director, Captain Dr. Idahosa Wells Okunbo which sad event occurred on the 8th of August 2021 in the United Kingdom at the age of 63. A statement signed by the Chairman of the Board of Directors of IBEDC, Dr. Olatunde Ayeni noted that, late Captain Okunbo with his sagacious business acumen was extremely pivotal to the establishment of IBEDC and was very involved in…

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Billionaire Oil mogul Okunbo’s death shocks Nigeria’s Business Community

ADEOLA YUSUF

He Died of Pancreatic Cancer – Family.  Businessman Larry Otu says Oil and Gas Industry Has Lost A Major Player     The family of Nigeria’s oil mogul, Captain Nosa Okunbo, has revealed that its billionaire son died in a London hospital after battling pancreatic cancer. This came as the Nigeria’s business community has been hit by the shock of the bullionaire’s death. Head of the family, Dr Tinyan Okunbo, of Orhua town in Uhunmwonde Local Government Area, Edo State in a statement, described late Capt Okunbo as a “crowned…

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BREAKING: 7 Senior Mgt. Staff Affected as Shakeup rocks NNPC + FULL LIST

ADEOLA YUSUF

Engr. Yusuf Usman, formerly Chief Operating Officer, Gas & Power, disengaged, Garba Deen Muhammad takes over from Dr. Kennie Obateru   In a bid to strengthen and reposition the Nigerian National Petroleum Corporation (NNPC) towards attaining global excellence and profitability, the Management of the Corporation has announced the promotion and redeployment of some staff to fill key vacant positions. Platforms Africa reports that this was contained in a statement released by the Corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru on Monday. Mr. Billy Okoye has been…

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Why I will not resign as Nigeria’s Opposition PDP chairman — Secondus

ADEOLA YUSUF

The National Chairman of the Nigeria’s opposition party, Peoples Democratic Party, PDP, Prince Uche Secondus, has rejected calls for his resignation. He said in a terse press statement by his Special Assistant on Media, Ike Abonyi. The statement read, “The National Chairman of the Peoples Democratic Party, PDP, Prince Uche Secondus has said that he will not resign his position. “Prince Secondus said that nothing so far warrants his resignation from the party position and those tiny minority calling for his resignation should come clean and tell party members across…

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US court Shifts trial of Ogun Gov’s suspended Aide, Abidemi Rufai, to 2022

ADEOLA YUSUF

The fraud trial of suspended aide to Ogun Governor Abidemi Rufai, who was indicted for alleged conspiracy, wire fraud and aggravated identity theft, has been postponed to 2022. A fresh ruling of the court has postponed the commencement of Rufai’s trial by five months. Rufai was arrested at the JFK airport in New York on May 14 over alleged $350,000 COVID-19 unemployment fraud in the United States. The Nation had reported the prosecutor submitted 97,000-page materials at the US District for the Western District of Washington at Tacoma, on July…

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