Category: Energy

PUNCH Pulls Report On National Grid Collapse From Website

ADEOLA YUSUF

‘The newspaper, which earlier reported the collapse to be the 13th grid failure in 13 months gives no reason for deleting the story’   Nigeria’s top newspaper, The PUNCH, has pulled the report it earlier published on its website about a purported national power grid collapse. Platforms Africa reports that the most widely read newspaper earlier reported that the grid recorded its first major collapse for the first time in 2025 barely ten days into the new year. The collapse, according to the newspaper, has resulted in a nationwide blackout…

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US Inks Deal to Return $52.88 Million Recovered From Diezani

ADEOLA YUSUF

In a bid to end the cycle of corruption which has hampered development in Nigeria, diplomatic efforts are being made by the federal government, to initiate recovery of looted funds stashed in foreign lands. This is yielding results, as the United States of America signed an agreement in Abuja to return 52.88 million dollars illicit funds recovered from Diezani Allison -Madueke, former petroleum resources minister and her associates. ‘Iku Baba Yeye!’ Seven Things To Know About New Alaafin, Oba Abimbola Owoade ‘It’s Akeem Owoade,’ Makinde Appoints Canada-Based Prince as New…

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‘Involve Army’ What President Tinubu Should Do After Refineries’ Revamp – Activist

ADEOLA YUSUF

‘My personal confirmation of the veracity of the stories about Port Harcourt and Warri Refineries’ rehabilitation,’ Read-for-yourself open letter Deji Adeyanju penned for Bola Tinubu     A right activist and constitutional lawyer, Deji Adeyanju, has tasked President Bola Ahmed Tinubu to block all illegal exploitation of the nation’s oil resources by non-state actors as he next phase after he had successfully revamping refineries in Port Harcourt and Warri. Adeyanju, who, in an open letter to the President sent to Platforms Africa, declared that he had personally confirmed the veracity…

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How Dangote’s $750m Offer To Manage Nigeria’s Refineries Was Rejected — Obasanjo

ADEOLA YUSUF

Former President Olusegun Obasanjo has revealed new details about Nigeria’s refinery woes, recounting failed efforts to privatise the country’s refineries and the subsequent financial losses under government management. In an exclusive interview with Channels TV on Thursday, Obasanjo discussed the Port Harcourt, Warri, and Kaduna refineries during his presidency. He explained how he sought external help to rehabilitate and manage the facilities but faced resistance. He recalled, “I asked Shell to come and run it for us and Shell said they wouldn’t I said, Please come and take equity they…

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Warri Refinery’s Revamp Strengthens Nigerians’ Hope in Our Govt – Tinubu

ADEOLA YUSUF

‘60% operations after several years of inactivity,’ full statement by the President on the state of the 125,000 (bpd) Warri Refinery   PRESIDENT TINUBU COMMENDS NNPCL OVER THE RE-OPENING OF WARRI REFINERY President Bola Tinubu has expressed his profound joy at the re-opening of the Warri Refining and Petrochemical Company by the Nigerian National Petroleum Company Limited, describing it as another remarkable achievement in 2024 that has strengthened Nigerians’ hope in his administration. Today, the Warri Refinery returned to operation weeks after NNPC Limited restarted the 60,000 Barrels per day…

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‘Although Not 100% Complete,’ Warri Refinery Resumes Operations, Says Kyari

ADEOLA YUSUF

“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…

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Setting the Record Straight: Meritocracy and Milestones at NNPC, By Olufemi Soneye

ADEOLA YUSUF

“It is disappointing that individuals like Mr. Kperogi, who have lived and observed governance structures abroad, would overlook these accomplishments and focus on divisive narratives,” Full response to Farooq Kperogi’s article, titled; “Tinubu’s Buharisation of the NNPC”   It is important to address the concerns raised in Farooq Kperogi’s recent article, “Tinubu’s Buharisation of the NNPC”, and to clarify some of the misconceptions about the operations and leadership structure of the Nigerian National Petroleum Company (NNPC) Limited. First, employment, promotions, appointments, and movements of business leaders at the NNPC are…

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‘Drill Or Drop,’ NUPRC Begins Idle Oil Blocks’ Recovery, Announces 2025 Licensing Round

ADEOLA YUSUF

. ‘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…

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Labour, Oil Workers on Fact-Finding Mission Affirm PH Refinery Operational Status

ADEOLA YUSUF

‘Like a pack of cards,’ after visit, NLC, NUPENG speak on the earlier rumours that the refinery was not operating A recent fact-finding visit by labour leaders has dispelled the uncertainties surrounding the operational status of the newly revived old Port Harcourt Refinery, with a capacity of 60,000 barrels per day. The unions have confirmed that the refinery is running efficiently and have called on the Federal Government to ensure the facility remains operational and does not fall into disuse again. If there was any significant take-away from the facility…

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‘$800m Last Tranche Paid,’ Seplat Now Nigeria’s Largest Independent Energy Firm

ADEOLA YUSUF

How Mobil Producing Nigeria Unlimited (MPNU) acquisition from ExxonMobil more-than doubled production and positioning of company + The rough journey to largest: Platforms Africa chronicles how Seplat scales the hurdle Detailed guidance for the enlarged group to be published in 2025     Seplat Energy PLC has completed its acquisition of Mobil Producing Nigeria Unlimited from ExxonMobil (MPNU) with payment of $800 million. The transaction is transformative for Seplat Energy, more than doubling production and positioning the company to drive growth and profitability, whilst contributing significantly to Nigeria’s future prosperity. Platforms…

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