Category: Business

23 Days: Channels TV, Others Join Port Harcourt Refinery’s Countdown

ADEOLA YUSUF

Platforms Africa, in this Report Until Something Happens (RUSH), shows how more media are joining the countdown – an “eye On Port Harcourt Refinery’s Repair that gulped $1.5 billion”   More media organisations in Nigeria, including Channels Televion, have begun to key into the countdown for the delivery of Port Harcourt refinery. Team Lead of Platforms Africa, Adeola Yusuf, had, in separate interviews on TVC News Nigeria and News Central TV on Wednesday, November 29, flagged off the countdown by Platforms Africa under its Report Until Something Happens (RUSH) series.…

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Who Is Felix Omatsola Ogbe? 6 Things To Know About NCDMB’s New Boss

ADEOLA YUSUF

“No pictures or profile.(I’ve) checked on LinkedIn as well… Now I’m curious about this person,” oil industry stakeholders heightened search for profile of the man that replaces Simbi Wabote. This is what Platforms Africa found out.   President Bola Ahmed Tinubu, on Thursday, appointed Engineer Felix Omatsola Ogbe as the new Executive Secretary for the Nigerian Content Development and Monitoring Board (NCDMB). Ogbe is to replace Engineer Simbi Wabote, whose meritorious tenure was truncated less than 10 months to its expiration. With Ogbe’s appointment as the head of the key…

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26 Days: How Minister Vowed Port Harcourt Refinery’ll Be Ready Dec

ADEOLA YUSUF

Report Until Something Happens (RUSH) by Platforms Africa on 26 days to December deadline promised by Lokpobiri Heineken, minister in charge of Nigerian oil for the completion of the Port Harcourt Refinery     In continuation of the countdown flagged off by Platforms Africa on the promised December date to complete and deliver the Port Harcourt refinery, which remained 26 days today (December 6), the focus is on how tje minister of state, Petroleum Resources (oil), Heineken Lokpobiri, promised that the Port Harcourt Refinery (PHRC) will be ready by December…

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Nigeria Probes Beneficial Ownership, Says Act Albatross For Oil Contracting Circle

ADEOLA YUSUF

. At NCDMB Practical Nigerian Content, stakeholders reveal reasons investment drought persisted after one year of PIA + PHOTOS   Nigeria has begun to take a deeper look at beneficial ownership of oil contract bidders, declaring that veiling the real owners of companies is an albatross for achievements in industry’s contracting circle. Platforms Africa reports that Oritsemeyiwa A. Eyesan, Executive Vice President – Upstream, Nigerian National Petroleum Company Limited (NNPCL), said this in Yenagoa during the panel session at the Practical Nigerian Content Conference (PNC). At the conference organised by…

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27 Days To Go: Why $1.5bn Not On New Refinery, Why PH Refinery’s Repair?

ADEOLA YUSUF

Platforms Africa, in this Report Until Something Happens (RUSH) series Recalls What GCEO, NNPCL, Mele Kyari said on why the company preferred to spend $1.5 billion on Port Harcourt refinery’s repair, instead of constructing a new refinery with the money   African Export-Import Bank (Afreximbank), as a reliable lender, agreed on April 24, 2021, to raise $1billion out of the $1.5 billion for the rehabilitation of the Port Harcourt refinery. In continuation of Platforms Africa’s countdown on the refinery’s repair and delivery by December as promised by officials, the poser…

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28 Days To Go: This Is What Tinubu Said On PH Refinery

ADEOLA YUSUF

Report Until Something Happens (RUSH) by Platforms Africa on 28 days to December deadline promised by Nigerian officials to complete the repair and deliver the Port Harcourt Refinery   In continuation of the countdown flagged off by Platforms Africa on the promised December date to complete and deliver the Port Harcourt refinery, which remained 28 days today (December 4), the focus is on what President Bola Ahmed Tinubu said on the deadline. The president declared that the Port Harcourt Refinery is to Resume Work By December in a chat with…

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29 Days To Go: Who Built Port Harcourt Refinery?

ADEOLA YUSUF

▪️ Clock Is ticking, World Is watching, Platforms Africa, in its Report Until Something Happens (RUSH) series tails promised December deadline by Tinubu, Lokpobiri, Kyari, and others to deliver Port Harcourt Refinery’s repair   In continuation of the countdown flagged off by Platforms Africa on the promised December date to complete and deliver the Port Harcourt refinery, which remained 29 days today (December 3), the focus is on who built the refinery. Port Harcourt Refinery, Platforms Africa reports, was built in 1965 under the then Prime Minister, Alhaji Abubakar Tafawa…

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TotalEnergies Confirms Leaks On 2.3m Barrels Capacity Egina FPSO

ADEOLA YUSUF

How, When the leak occurred, contained; full statement Charles Ebereonwu, Country Communication Manager at TotalEnergies, sent to Platforms Africa   TotalEnergies has confirmed the oil leak at its 2.3 million storage capacity Egina Floating Production Storage and Offloading (FPSO) vessel, maintaining that thr incident has been contained. Platforms Africa gathered that the leak had occurred while crude was being loaded from the Egina FPSO to a vessel on 15 November. Country Communication Manager at TotalEnergies, Dr. Charles Ebereonwu, confirmed the leak in a terse statement sent to Platforms Africa on…

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Metering And New Gold As Power Privatisation Clocks 10 Years – Kola Balogun

ADEOLA YUSUF

  In this no-holds-barred interview with PLATFORMS AFRICA, Chairman MOMASS Electricity Meters Manufacturing Company ( MEMMCOL), Engineer (Dr.) Kola Balogun, FNSE, opens up on 10 years of Nigeria’s power privatisation, metering value chain and the new gold. Excerpts;   What are the achievements of MEMMCOL within the last 10 years of post-privatization of the power sector? Momas Electricity Meter Manufacturing Company Limited (MEMMCOL) is the leading manufacturer in the downstream of the Power sector. We are duly recognized and certified as an Original Equipment Manufacturer (OEM) in the power sector…

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Nigeria’s Power System Debts To NDPHC Hits N180 Billion

ADEOLA YUSUF

  . Why Process For 10 NIPPS’ Sale Is Stalled   The debts profile of Nigeria’s power system to the Niger Delta Power Holding Company (NDPHC) is now between N150 billion and N180 billion. Platforms Africa reports that the Managing Director of the company, Mr. Chiedu Ugbo, who said this during a roundtable with journalists in Lagos, maintained that those who are owing the company include Nigeria Bulk Electricity Trading Company (NBET), while some debts are in the name of Central Bank of Nigeria (CBN),  maintaining that the debts did…

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