Month: November 2021

Top Pastors, Banks’ CEOs Affected as Nigeria Grounds 91 Private Jets

Tade Salako

The N30bn duty violations and flight ban directive that dragged Nigeria’s  Aviation ministry, Customs on warpath   The Nigerian Government has directed the Nigeria Customs Service to ground 91 private jets belonging to some wealthy Nigerians over their alleged refusal to pay import duties running to over N30bn, documents obtained by The PUNCH have revealed. As such, the Comptroller-General of Customs, Col Hameed Ali, (retd.) following a directive from the Presidency, has written a letter to the Nigerian Civil Aviation Authority, the Federal Airports Authority of Nigeria, and the Nigerian…

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Exxonmobil Finalises Exit From Nigeria’s Shallow Water Oilfields

Damilola Olonade

Exxon has sold an 80 per cent interest in a Ghanaian offshore block and proposing to offload its stake in the Doba oilfield in Chad.   The United States oil supermajor, ExxonMobil, has finalised plan to totally exit the Nigeria’s shallow water oil acreages. Platforms  Africa reports that indigenous energy firm,  Seplat, who gave this hint on Monday, declared that it had commenced discussion with the oil major to secure purchase of its shallow-water oilfields. READ ALSO: Billionaire, Dahiru Mangal’s 15.83% Interest in Oando Acquired Embattled A.B.C Orjiako Resigns As…

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Olowola Wins Women’s Role Model in Mining, Geosciences

Efe Wellington

Renowned sustainability and communications entrepreneur, and Chief Executive of CSR-in-Action Group, Bekeme Masade-Olowola, has won the award of ‘Women’s Role Model in Mining and Geosciences’ – a recognition for the most exceptional, inspirational women with significant contributions to the mining and geoscience industry. The group said this in a statement sent to Platforms Africa, adding that Masade-Olowola’s non-profit organisation, CSR-in-Action Advocacy, received the award of the ‘Best Performing NGO in Mining and Geosciences’, which honours any Non-Governmental Organisation (NGO) that has committed its activities to soliciting for, educating, and creating…

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Billionaire, Dahiru Mangal’s 15.83% Interest in Oando Acquired

ADEOLA YUSUF

Oando Plc has officially notified the Nigerian Exchange Ltd. (NGX) of the acquisition of Alhaji Dahiru Mangal’s interest in the company by Leaf Investment & Realtors Ltd. Platforms Africa reports that this was contained in a statement signed by Oando Chief Compliance Officer & Company Secretary, Ayotola Jagun, posted on the NGX on Monday. “In accordance with Rule 17:13 (a) of the Nigerian Exchange Ltd. Issuers’ Rules, we, hereby, announce the acquisition of Alhaji Dahiru Mangal’s interest of 1,968,452,614, shares in Oando PLC by Leaf Investment & Realtors Ltd. READ…

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China May Take Over Uganda’s 39 Yr-Old Entebbe Int’l Airport Over Loan

Aoko Benjamin

Built in 1972, Entebbe International Airport handles over 1,9 million passengers per year.   The Ugandan government is on the verge of losing its major airport, Entebbe Airport, which is also the country’s only International airport, to China for failing to repay a loan. This is baring unforeseen circumstances. Platforms  Africa reports that the Entebbe International Airport, which was built in 1972, handles over 1,9 million passengers per year. The government has failed to reverse a loan agreement with the Chinese which had repayment conditions of attaching its only airport.…

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70 Yr-Old Woman, Granddaughter Perish In Abeokuta Petrol Tanker Explosion

Gbenga Adeoti

Tanker driver was manoeuvring through bad portions of the road when the vehicle fell on its side, spill content and exploded – FRSC   A Septugenarian woman and her granddaughter were reportedly burnt beyond recognition after a 33,000 litre petrol laden tanker fell and exploded in Lafenwa, Abeokuta, Southwest Nigeria. The fire from the tanker, Platforms Africa reports, also destroyed shops and other properries worth millions of Naira. Sector Commander of the Federal Road Safety Corps (FRSC) in Ogun State, Mr Ahmed Umar, who confirmed the explosion, said the tanker…

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Same Old Cruel Lies to Justify Fuel Price Hike, By Farooq A. Kperogi

Farooq A. Kperogi

Group Managing Director and Chief Executive Officer of Nigerian National Petroleum Company Limited, Malam Mele Kyari, said on November 23 that the Buhari regime will inflict yet another pain at the pump by jacking up petrol prices to N340 per liter in February 2022. If this materializes, it would be the fourth time the regime has increased petrol prices in a five-year period. Every indication points to an irreversible resolve on the part of the regime to go through with the increase. The perennially predictable propaganda against “subsidy” has already…

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Nigerian Billionaire Coscharis President’s Wife, Charity, Dies of Stroke

Precious Ibekwe

How she went with her husband to attend a function in Nnewi but never returned, family reveals the end of woman believed by her family to be insane when she, years ago, insisted on getting married to Cosmas Maduka.   Charity, wife of Nigerian businessman, President and Chairman of the Coscharis Group, Cosmas Maduka, has died Platforms Africa gathered that the Vice President of Coscharis group died on Sunday afternoon after suffering a stroke. She died in Nnewi, where she went with her husband to attend a function. Her family…

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Stakeholders Offer Success Template For Nigeria’s Fuel Deregulation

Ayobami Adedinni

Team Lead, Platforms Africa, Adeola Yusuf, opens up on real reasons fuel deregulation remains unpopular among Nigerians   Critical stakeholders in the Nigeria’s oil downstream subsector have suggested a template on how Nigeria can achieve full deregulation in the course of the current global energy transition. The stakeholders including the Chief Strategy Officer, Axxela Limited, Olufisayo Duduyemi, and Chief Executive Officer, All On, Dr. Wiebe Boer, spoke alongside Team Lead of Platforms Africa, Adeola Yusuf, and other analysts during a panel session at the 2021 NAEC Strategic International Annual Conference…

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FUTA Student Condemned to Wheelchair By Accident, Finishes BSc 14 Yrs After

ADEOLA YUSUF

How I was broken, almost submerged by tears and pity, picked up my pieces and rose again, ghastly road accident and Wheelchair couldn’t stop me, Omoerijesu Temilade   A Student of Federal University of Technology Akure (FUTA), Omoerijesu Temilade, who, during her final year in 2012, was condemned to a Wheelchair by a ghastly motor accident, has completed her BSc in Biology 14 years after. Platforms Africa reports that Temilade was involved in a debilitating road accident that changed the course of her life and made her wheelchair bound. Sharing…

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