Month: February 2022

Enugu LG Polls: Three feared dead as gunmen attack polling units

ADEOLA YUSUF

Unknown gunmen, Wednesday, disrupted voting exercise at two polling units, as residents of Enugu State filed out to participate in the local government election. The poll was conducted in the 17 local government areas of the State. Platforms Africa reports that the exercise progressed peacefully across the State until news filtered in that unknown gunmen, who were against the conduct of any form of election, were wrecking havoc in Obeagu area of the State. It was learnt that the gunmen invaded the polling units at Obeagu ward III and another…

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Oil Spikes, Hits $97.70 Per Barrels

ADEOLA YUSUF

Oil spiked following a televised address by Russian President Vladimir Putin, which revealed the Russian leader’s next move regarding Ukraine. In the speech, Putin recognized the self-proclaimed separatist republics that Russia backs in eastern Ukraine, Bloomberg highlighted, adding that this action intensified a standoff with the West. Following the address, the price of Brent Crude oil was up more than four percent to $97.70 per barrel and the price of West Texas Intermediate (WTI) was up almost four percent to $94.67 per barrel, at the time of writing. This time…

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TotalEnergies Makes New Significant Oil Discovery

ADEOLA YUSUF

TotalEnergies has announced that it and APA Corporation have made a “significant” new oil and associated gas discovery at the Krabdagu-1 well in the central area of Block 58, offshore Suriname. Krabdagu-1, a report by Rigzone read, was drilled at a water depth of 2,559 feet and encountered approximately 295 feet of net oil pay in good quality Maastrichtian and Campanian reservoirs, TotalEnergies revealed. Further operations will be carried out on Krabdagu-1 to appraise the resources and productivity, according to TotalEnergies, which noted that at least three further exploration and…

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Meet Olalekan Ogunleye, NLNG New Deputy MD, Mai-Bornu’s Successor

ADEOLA YUSUF

Mr Ogunleye, who is concluding his tenure as Managing Director and Chief Executive Officer of Gas Aggregation Company Nigeria Limited (GACN), will take over from Engr. Mai-Bornu on 14th April 2022. The Board of Directors of Nigeria LNG Limited (NLNG) has approved the appointment of Mr Olalekan Olufemi Ogunleye as successor to Engr. Sadeeq Mai-Bornu as Deputy Managing Director of the Company. Engr. Mai-Bornu, appointed by the NLNG Board in April 2016, will return to his parent company, Nigerian National Petroleum Company Limited (NNPC), at the expiration of his tenure.…

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Nigeria’s Oil Royalty, Taxes From Shell Crumble by $3.7bn in One Year

ADEOLA YUSUF

Shell: No plan to exit Nigeria, and real reason we paid $4.6bn royalty in 2019 but $900m in 2020 Nigeria, Africa’s biggest crude oil exporter, has suffered a crash of $3.7 billion on taxes and royalties it received from Shell Companies in Nigeria (SCiN) in just one year. Platforms Africa reports that the figures of transactions and operations expressly published by the oil major in its Briefing notes, also showed a bearish business between 2019 and 2020. In 2019, a whooping $4.6 billion was, according to the Briefing Notes, paid…

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100 Youths Begin NCDMB/ITF Vocational Training

ADEOLA YUSUF

Hundred Nigerian youths have commenced training in the vocational skills programme sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) and facilitated by the Industrial Training Fund (ITF). The training covers eight skills areas, and they include Information and Communication Technology; Electrical/Electronic Technology; Industrial Automation and Mechatronics; Instrumentation and Process Control; Mechanical Services and Maintenance; Mobile Phone Repairs and Troubleshooting; Residential Air-Conditioning and Refrigeration Maintenance and Building Technology. The programme would last for six months, and it is the second time the Board is collaborating with the ITF for…

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Nedogas, NCDMB commissions 300 MMscfd Kwale Gas Gathering Facility

ADEOLA YUSUF

Nedogas Development Company Limited (NDCL), a joint venture company between Xenergi Limited and NCDMB Capacity Development Intervention Company, has, in collaborative partnership with the Nigerian Gas Company Limited (NGC), a subsidiary of the Nigerian National Petroleum Company (NNPC), successfully completed the construction and technical commissioning of a 300 MMscfd Capacity Kwale Gas Gathering (KGG) and injection Facility located in the Umusam Community, near Kwale in Delta State, Niger-Delta, Nigeria. The KGG Facility was designed to handle stranded gas resources in Nigeria’s OML56 oil province by providing the opportunity for independent…

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Ex-President Jonathan’s Minister, Sarah Ochekpe, Jailed Over N450m Scam

ADEOLA YUSUF

How N450m Diezani Bribe landed former Minister of Water Resources and two others, Evan Leo Sunday Jitong and Raymond Dabo, deputy director for Goodluck/Sambo 2015 election campaign and former Acting Chairman of PDP, Plateau State respectively, in Jail for 18 Years The Economic and Financial Crimes Commission, EFCC, Gombe Zonal Command, on Tuesday, February 22, 2022, secured the conviction of a former Minister of Water Resources in the administration former President Goodluck Jonathan, Sarah Ochekpe. Ochekpe was convicted along with two others, Evan Leo Sunday Jitong and Raymond Dabo, deputy…

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Ghana Arrests, Detains 11 Nigerians for Cyber Fraud + NAMES

ADEOLA YUSUF

Eleven Nigerians have been arrested in two raids in Ghana on the allegations of committing cyber fraud. Platforms  Africa, which reported this quoted Accra-based Joy Online to have maintained that the nine people were picked up by Bole Police Command in the Savannah Region in one operation in Bole township. Those arrested were Kelechi Chukwudoluwe, 30; Ibeneme Precious, 20; Nelson Chinedu and Emmanuel Ifeanyi Chukwu, 23. READ ALSO: Nigeria Arrests 9 Ghanaians For $400,000 Cannabis Trafficking + NAMES Ghana Spends $200m On Infection Majorly caused by Homosexuals in 1 Year…

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Petrol to Hit N190/L As Depot Owners Hike Price by N20/L

ADEOLA YUSUF

We are not aware, report them first, Industry Regulator, NMDPRA, says as IPMAN Speaks Out on alleged profiteering, sabotage by private depot owners   The cost of Premium Motor Spirit, popularly called petrol, may hit N190/litre in most filling stations in coming weeks if nothing is done about a recent hike in its ex-depot price by private depot owners. A report by Punch showed that most private depot owners recently raised the cost of petrol by N20 per litre from the approved N142-N145/litre price to between N162-N170/litre. This, oil marketers…

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