. ‘Henceforth no export permits for crude oil cargoes intended for domestic refining,’ full statement the upstream regulator sent to Platforms Africa The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has bemoaned the violation of domestic crude supply law by some producers and refiners, declaring that it would “henceforth deny export permits for crude oil cargoes intended for domestic refining, if oil companies do not fulfill their domestic crude obligations.” Platforms Africa reports that this came as more than 50 critical industry players, both the refiners and producers…
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Firm Govt Re-Awards N252.89 Billion Abuja-Kaduna Highway Contract To Inactive – CAC
‘Blatant violation of procurement laws and corporate governance principles,’ CISLAC demands probe, wants culprits jailed The Civil Society Legislative Advocacy Centre (CISLAC) has expressed worries over the federal government action for re-awarding the Abuja-Kaduna highway contract to Infoquest Nigeria Limited, an inactive company according to the Corporate Affairs Commission (CAC). In a statement signed by its Executive Director, Comrade Auwal Musa Rafsanjani, CISLAC called for an immediate investigation into the procurement process and those involved, emphasizing the importance of transparency and accountability in government contracting. The N252.89 billion…
Read More‘50% Hike,’ MTN, Glo, Others Get Govt’s Nod To Increase Calls, Data Tariff For Nigerians
‘Tariff rates have remained static since 2013,’ full statement by thr NCC on the reasons the tariff hike application was approved The Nigerian Communications Commission (NCC) says it will be granting approval for tariff adjustment requests by Network Operators in response to prevailing market conditions. Platforms Africa reports that this is pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to regulate and approve tariff rates and charges by telecommunications operators. According to a statement signed on Monday by the Commission’s spokesperson, Reuben Muoka,…
Read MoreNigerians To Pay More For Calls, Data, Minister Confirms, Says Hike Not 100%
Real reason we yielded to MTN, Glo, others’ request for tariff hike, full details of what minister Bosun Tijani said The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has announced that telecom tariffs will rise soon, but the increase will not reach 100 percent. Speaking after a stakeholders’ meeting with Mobile Network Operators (MNOs) on Wednesday in Abuja, Tijani explained that discussions and consultations on the matter are still in progress. The MNOs have earlier proposed a 100 percent hike in tariffs. The minister noted…
Read More‘Time Bombs In Kitchens,’ How To Check Expiry Dates On Your Gas Cylinders
Expired cylinder can explode any time once the expiration date elapses and that makes it a time bomb. Here’s a simple explanation for you to know the status of the one in your kitchen Incidents of gas cylinder explosion have become incessant in Nigeria in recent past. While other factors contributed to these explosions that have sent many to their early graves, Platforms Africa reports that expired and weak cylinders have been generally responsible for these fatal incidents recorded in cities like Abeokuta, Portharcourt, Owerri and others. To make…
Read More‘Although Not 100% Complete,’ Warri Refinery Resumes Operations, Says Kyari
“Many people think these things are not real. They think real things are not possible in this country,” what the NNPC boss wants Nigerians to know, believe about refinery and why the asset will not produce petrol for now The much expected Warri Refining & Petrochemicals Company (WRPC) in Delta State has resumed operations. The Group Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, disclosed this during a tour of the facility today (Monday). He said: “We are taking you through our plant. This plant is…
Read MoreSaudi Hits JACKPOT, Discovers ‘White Gold’ in Its Oil Fields
Saudi Arabia, whose economy is based around its vast reserves of oil and natural gas, has found another source to diversify its oil-rich economy as the kingdom recently found lithium reserves in its oil fields near the sea. According to reports, Saudi Aramco aka Aramco, Saudi Arabia’s state-owned petroleum and natural gas company, extracted lithium under a pilot project from one of its oil fields. Khalid bin Saleh Al-Mudaifer, Saudi Arabi’s Deputy Minister of Mining Affairs, announced that the kingdom will soon launch a commercial pilot program to promote the…
Read More’25 Winners, 10 Reserve Bidders,’ Results of 2022/2023, 2024 Nigeria’s Oil Licensing Round
Platforms Africa obtains, publishes full names of winners in the Nigeria’s three-year Licensing Round announced by the NUPRC at the 2024 Commercial Bid Conference The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the final results of the 2022/ 2023 Deepoffshore Licensing Round and the 2024 Licensing Round. Platforms Africa reports that these results were announced at the 2024 Commercial Bid Conference organised by the commission on Wednesday in Lagos. After Platforms Africa Report, Oil Ministry Director Queried, Minister Disowns Claim ‘Drill Or Drop,’ NUPRC Begins Idle Oil Blocks’…
Read More‘Drill Or Drop,’ NUPRC Begins Idle Oil Blocks’ Recovery, Announces 2025 Licensing Round
. ‘5 Key Things To Know About 2025 bid round’ Komolafe gives information on fresh licensing The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has begun the recovery of Idle Oil Blocks in Nigeria as it announced a fresh oil licensing round for 2025. Platforms Africa reports that Gbenga Komolafe, Commission Chief Executive of the NUPRC, made the announcement on Wednesday at the 2024 Licensing Round Commercial Bid Conference In Lagos. According to him, the 2025 licensing round would focus on underexplored assets, fallow fields, and natural gas development as…
Read More‘How Suspended Accountant-General Diverted N109 Billion TSA, IPPIS Funds Into Personal Accounts’
. EFCC gives account on alleged mega fraud by Nigeria’s number one exchequer Hayatu Ahmed, chief superintendent of the Economic and Financial Crimes Commission (EFCC), says Ahmed Idris, suspended accountant-general of the federation, diverted public funds by compromising government account systems. He listed the account systems as the Treasury Single Account (TSA), government integrated financial management information system (GIFMIS), and the integrated payroll and personnel information system (IPPIS). Idris, Godfrey Olusegun Akindele, and Mohammed Kudu Usman are standing trial over alleged N109 billion fraud. According to a statement by…
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