Category: Energy

Heirs Energies Strengthens Africa’s Energy Voice at Major Int’l Fora

GBENGA ADEOTI ADEOTI

Heirs Energies, Africa’s leading indigenous-owned integrated energy company, continued to amplify its commitment to energy sufficiency for Africa with a strong presence at two landmark events: the U.S.–Africa Energy Forum and the Namibia International Oil & Gas Conference 2025. At both forums, Heirs Energies showcased its strategy of responsibly harnessing Africa’s vast natural resources to deliver energy security, drive industrialization, and create long-term shared prosperity. At the USAEF in Houston, Texas, Osa Igiehon, CEO of Heirs Energies, joined global energy leaders and policymakers in high-level sessions examining the future of…

Read More

Abdullahi Garba Ramat: Meet Man Who’ll Lead Your Next Electricity Tariff Review

Abibat Babalola

‘A year shy of 40, Local govt Chairman, PhD in strategic management, others,’ Here are 8 things to know about the new Chairman for Nigerian Electricity Regulatory Commission (NERC)   President Bola Tinubu has nominated Abdullahi Garba Ramat as the new Chairman and Chief Executive Officer of the Nigerian Electricity Regulatory Commission, NERC. In a statement issued by the presidential spokesperson on Thursday, Ramat, aged 39, is described as an electrical engineer and administrator, holding a PhD in strategic management, among other qualifications. President Tinubu also nominated two individuals to…

Read More

‘False, Malicious Attempt At Self-Help,’ Ikeja Electric, Egbin Power, FFIPL Deny Takeover

ADEOLA YUSUF

    What the companies want general public, customers, financial partners, regulators, and all stakeholders to know, believe about court judgement on Receivership   Ikeja Electric Plc (IE), Egbin Power Plc, and First Independent Power Limited (FIPL), have refuted the media reports sourced from what they described as misleading advertorials published in This Day Newspapers on August 6, 2025, alleging the appointment of “Kunle Ogunba Esq. SAN” as Receiver/Manager over the entities. The Management of the power companies said in a statement to Platforms Africa that the publications, contrary to…

Read More

‘Debt Recovery,’ Banks Takeover Ikeja Electric, Egbin Power, First Independent Power

ADEOLA YUSUF

    . ‘Kunle Ogunba (SAN) is now Receiver/Manager,’ Details of Federal High Court that placed three firms hitherto owned by Sahara Group under receivership + Names of Creditors Banks now in charge  . ‘We are not in receivership,’ Ikeja Electric, Egbin Power, First Independent Power react   A consortium of creditor banks has received the nod to takeover multi-million dollars assets belonging to Ikeja Electric, Egbin Power, and First Independent Power. Platforms Africa reports that a Federal High Court in Lagos, which declared this in a judgement, confirmed the…

Read More

‘The Challenges Before Us,’ Ojulari Speaks 1st Time After Resignation Rumour

ADEOLA YUSUF

    ‘Ojulari Unedited,’ Platforms Africa publishes word-for-word the rousing speech the embattled Group Chief Executive Officer (GCEO) of the NNPC delivered to excited participants at the Society of Petroleum Engineers (SPE) annual conference in Lagos     Tonight, I won’t do so, but thank you very much for giving me the opportunity to have this lecture. It is an honor and a privilege to address you today at the defining moments in the global energy landscape. We find ourselves at a critical inflection point where the imperatives of energy…

Read More

NNPCL Controversy: AEF Raises Alarm As EFCC, DSS Refute Claims

Ganiyu Amodu

The Arewa Economic Forum (AEF) has called on the Federal Government to provide an official clarification regarding reports that the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bashir Bayo Ojulari, was pressured to resign. This comes as the Economic and Financial Crimes Commission (EFCC) and Department of State Services (DSS) refuted allegations of involvement in the matter. The controversy stems from recent media reports suggesting that operatives from the EFCC and DSS allegedly abducted and coerced Ojulari into signing a resignation letter late on Friday.…

Read More

Ojulari: Inside The Extravagant Lifestyle That Landed The NNPC Boss In Trouble

ADEOLA YUSUF

    “Ojulari flew to Vienna, Austria aboard another private jet to attend OPEC Seminar in a trip that cost NNPC about $1 million. While Nigeria’s Minister of State for Petroleum flew to same event on British Airways.” Blow-by-blow account of hot petro-political fire threatening to consume the SNEPCo’s ex-MD as NNPC GCEO   The over five kilometers distance between Aso rock – the Nigeria’s seat of power – and the Towers – the global headquaters of the Nigerian National Petroleum Company Limited (NNPCL) – figuratively betrayed the law of…

Read More

‘2nd-Generation Mgt Team,’ Caritas Announces Leadership Transition

ADEOLA YUSUF

    . ‘Effective August 1,’ What to know about new roles for Chief Adedayo Ojo, Favour Akintan, Adedayo David Odulaja, Fisayo Ayodele, and Kazeem Afolabi at Africa’s pioneer energy, oil and gas-focused reputation consulting company     Caritas Communications Limited, Africa’s pioneer energy, oil and gas-focused reputation consulting company and a leader in strategic corporate communications consulting, is pleased to announce the appointment of a Chief Operating Officer and second-generation management team. Platforms Africa reports that the move coincides with the transition of Chief Adedayo Ojo from Chief Executive…

Read More

Tinubu Seeks Africa-led Energy Market, Demands Fair Pricing

Ganiyu Amodu

President Bola Tinubu, on Tuesday, stated that Africa must take ownership of its energy resources by creating credible and transparent benchmarks that reflect the continent’s realities and safeguard its economies. Speaking ahead of the Global Commodity Insights Conference on West African Refined Fuel Markets scheduled to hold in Abuja this week, the President said Nigeria would work with regional partners to build an integrated energy market that ensures value for Africa. The conference, hosted by the Nigerian Midstream and Downstream Petroleum Regulatory Authority in collaboration with S&P Global Insights, will…

Read More

Dapo Segun and the Refinery Probe: A Name Omitted, a Process in Question, By Tajudeen Bukar

ADEOLA YUSUF

The Economic and Financial Crimes Commission’s ongoing investigation into Nigeria’s refinery rehabilitation projects has generated more confusion than clarity. Having closely followed the Port Harcourt and Warri refinery overhauls from the outset, I find it both perplexing and concerning that Mr. Dapo Segun—now Chief Financial Officer of the Nigerian National Petroleum Company Limited (NNPCL)—is absent from the EFCC’s list of individuals under scrutiny. In a letter dated April 28, 2025, the EFCC announced its probe into alleged abuse of office and misappropriation of funds related to the refineries’ rehabilitation. The…

Read More