Month: August 2024

NNPC Shares Update on Northern Oil Exploration Efforts

ADEOLA YUSUF

..Pledges Continued Support for Federal Government’s Ambition in Frontier Regions The Nigerian National Petroleum Company Limited (NNPC) has provided updates on its crude oil exploration activities in the Northern part of the country, reiterating its commitment to achieving the Federal Government’s aspirations in the frontier basins. “The company has been actively drilling in basins in and around Northern Nigeria, as a result of the need to increase oil exploration in the country’s frontier basins”. This was contained in a publication authored by the Chief Corporate Communications Officer, NNPC Ltd, Olufemi…

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N60bn Spent To Truncate Democracy Through EndBadGovernance Protest – Kaduna Gov

ADEOLA YUSUF

Kaduna State governor, Uba Sani, has said the recent nationwide protest in Nigeria was far from agitation against hunger, saying some politicians funded it to effect regime change. Nigerians had between August 1 and 10, embarked on what was tagged the “EndBadGovernanceinNigeria” protest, to condemn hunger and economic hardship in the country. Speaking in an exclusive interview aired on TVC and monitored by Salient Times, Governor Sani alleged that over N60 billion was spent by some politicians to undermine Nigeria’s democracy through the protest. The Governor decried the violence and…

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‘N595 To N780/Litre,’ Depots Hike Petrol Loading Price

ADEOLA YUSUF

. IPMAN speaks on 31% increment, implication for pump price       The ongoing fuel scarcity in Lagos, Ogun, and other states worsened yesterday as independent marketers began purchasing the product from private depots at N780 per litre, up from N595 per litre—a 31% increase. According to Chief Chinedu Ukadike, Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), the price hike reflects the current demand and supply dynamics in the domestic market. Despite the challenging situation, he expressed optimism that conditions could improve in the…

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Kudirat Kekere-Ekun; 10 Facts About New Chief Justice of Nigeria

ADEOLA YUSUF

“The 66 year-old iron lady was the no-nonsense Chairman of the Robbery and Firearms Tribunal, Zone II, Ikeja, Lagos from November 1996 to May 1999.” President Bola Tinubu Friday, sworn in Justice Kudirat Kekere-Ekun as the new Chief Justice of Nigeria. The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, earlier gave the hint in a statement. The swearing-in ceremony took place at the Council Chambers of the State House in Abuja, the nation’s capital. READ ALSO: Oando Exited OVH Three Years Before NNPC Retail Buy Out,…

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Oando Exited OVH Three Years Before NNPC Retail Buy Out, By Femi Awoyemi

ADEOLA YUSUF

“How a key investor (who also happens to be a business associate of a former Vice President) sought to exit its investment in the ConocoPhillips at that time when Oando was seeking to raise funds to invest in the transaction, for which it later got entangled with the SEC,” Chief Executive of Proshare Limited offers independent views on the allegation made by former VP Atiku Abubakar   There is no equivalence with evidence in the financial, business, and economic space, as it is done in the political space. Records exist…

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‘The catalyst,’ Obasanjo Speaks At PUNCH Ex-Editor’s Book Launch

ADEOLA YUSUF

▪️ “On the same day, I will also be hosting an exaugural lecture to celebrate my tenure as Editor of The PUNCH;” Everything Dayo Oketola wants the world to know about the event   The immediate past Editor of The PUNCH, Dayo Oketola, is set to launch a book he authored as his contribution to the development of the pen profession. The book: “The Catalyst: Nigerian ICT Evolution Through a Journalist’s Lens,” will be launched on September 17, 2024. This will be at an exaugural lecture to mark the end…

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“False Alarm,’ NNPC Replies Atiku, Clears Air On OVH Acquisition

ADEOLA YUSUF

“Neither Wale Tinubu nor the President has any interest in the OVH acquisition.”   The Nigerian National Petroleum Company Limited (NNPC) has declared as a false alarm, a statement credited to former Vice president Atiku Abubakar where he alleged shoddy deals in the acquisition of OVH assets. Platforms Africa reports that the company made this know in a statement by its spokesman, Olufemi Soneye. Here below is the statement. The attention of NNPC Ltd has been drawn to a press release signed by Mr. Paul Ibe, a Media Adviser to…

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Atiku Lied On OVH Acquisition – NNPCL

ADEOLA YUSUF

The Nigerian National Petroleum Company Limited (NNPCL) has faulted former Vice President Atiku Abubakar on an allegation linking President Bola Tinubu and Mr Wale Tinubu to the acquisition of the OVH. Atiku had, in a statement on Wednesday by his media aide, Paul Ibe, pointed fingers at President Tinubu in the alleged acquisition of NNPC Retail Ltd by OVH in which he claimed that Wale Tinubu held 49 per cent stake. He further alleged that the NNPC Retail Ltd—OVH acquisition deal was part of a grand scheme by President Tinubu…

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Sanwo-Olu to Declare Conference of Communication Scholars, Professionals Open

ADEOLA YUSUF

“Why the 11th Conference was brought to the Southwest, especially Lagos,” Chairman of the Local Organising Committee (LOC), Prof Rotimi Williams Olatunji, gives details     Governor Babajide Sanwo-Olu of Lagos State is to declare the 11th Association of Communication Scholars and Professionals (ACSPN) open on September 4, 2024. A statement by the Chairman of the Local Organising Committee (LOC), Prof Rotimi Williams Olatunji, which stated this, maintained that the two-day event is billed for the Airport Hotel, Ikeja. The governor who is the Special Guest of Honour and Chief…

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Adebule To Roll Out 1000 Forms For Skills Acquisition Training

ADEOLA YUSUF

“Plans are at advanced stage to lobby and attract more and bigger projects,” what-for-word of what the Senator said at the Lagos-West Senatorial district stakeholders engagement forum   The Senator representing Lagos West District, Dr Idiat Oluranti Adebule, has declared plans to roll out 1000 forms for skills acquisition training before the end of August 2024. Platforms Africa reports that the vocational skills include leather work, confessionary, fashion designing, barbing, and hairdressing. Adebule made this known on Thursday during the Lagos-West Senatorial district stakeholders engagement forum at the Lagos West…

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