Category: Energy

20/48: Marinho To Ojulari, Tale of 20 Managing Directors In NNPC 48 Years’ History

Ganiyu Amodu

With the appointment of Engineer Bayo Ojulari as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), the number of helmsmen at the multi-billion dollars oil company hit 20. Bayo Ojulari; 10 Quick Facts About NNPC Ltd New GCEO Mele Kyari Sacked, Ojulari In As Tinubu Stirs Major Shakeup At NNPC Platforms Africa presents the full name and tenure of the twenty oil men that have sat at the most coveted seat at the NNPC. 1. Remilekun Marinho (1977-1980) 2. Odoliyi Lolomari (1980-1981) 3.…

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Bayo Ojulari; 10 Quick Facts About NNPC Ltd New GCEO

Ganiyu Amodu

  + Targets For Bayo, Immediate goals Tinubu set for the man that replaced Mele Kyari    President Bola Ahmed Tinubu on Wednesday announced the appointment of Bashir Bayo Ojulari as the new Group Chief Executive Officer for the Nigerian National Petroleum Company Limited (NNPC Ltd). The appointment, which took effect immediately led to the sack of Mallam Mele Kolo Kyari. Platforms Africa presents 10 quick facts to know about Engineer Bayo Ojulari 1. Ojulari, the new NNPC Limited Group CEO, hails from Kwara State. 2. Until his new appointment,…

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Mele Kyari Sacked, Ojulari In As Tinubu Stirs Major Shakeup At NNPC

Ganiyu Amodu

  President Bola Tinubu has sacked the board of the Nigerian National Petroleum Company (NNPC) including its Group Chief Executive Officer, Mele Kyari and board chairman Pius Akinyelure. Platforms Africa reports that the sack was announced by presidential spokesperson Bayo Onanuga in an early Wednesday morning statement posted on X. “President Tinubu removed all other board members appointed with Akinyelure and Kyari in November 2023,” Mr Onanuga wrote. Mr Kyari was first appointed NNPC chief by former President Muhammadu Buhari but was reappointed in 2023 by President Tinubu. A Child…

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60% Manufacturers Forced Off-Grid By Unreliable Power Supply – Adelabu

Ganiyu Amodu

Nigeria’s power crisis has reached a critical point, with over 60% of manufacturing companies in the country forced to disconnect from the national grid. These businesses have turned to self-generation to meet their energy needs, driving up production costs and making Nigerian goods increasingly uncompetitive on the global market. This alarming revelation was made by the Minister of Power, Adebayo Adelabu, during the unveiling of the National Integrated Electricity Policy (NIEP) and the Integrated Resource Plan (IRP), in collaboration with the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF). Adelabu warned…

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Tinubu Make Four Fresh Appointments Into NCDMB Governing Council

Ganiyu Amodu

President Bola Ahmed Tinubu has approved the nomination of four new members to the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB), reinforcing the board’s capacity to drive local content growth in Nigeria’s oil and gas industry. This was contained in a statement on Thursday by Special Adviser to the President on Information and Strategy, Bayo Onanuga. The new members include Mr. Olusegun Omosehin from the National Insurance Commission (NAICOM) and Engr. Wole Ogunsanya of the Petroleum Technology Association of Nigeria (PETAN). Also appointed are Mazi Sam…

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How Nigeria Can Fully Realise Post-Fuel Subsidy Benefits – MEMAN

Ganiyu Amodu

‘Amid Industry Challenges,’ Everything Clement Isong said at a Press Engagement on ‘Refining Basics, Gasoline Pricing And Trade Flows In Nigeria.’   The Major Energies Marketers Association of Nigeria (MEMAN) has reaffirmed that, despite ongoing debates and challenges, the implementation of the Petroleum Industry Act (PIA) remains on track. Platforms Africa reports that MEMAN stressed that these discussions are a normal aspect of the shift toward a deregulated, market-driven energy sector. The group made this known during its Q1 2025 Press Training & Engagement, held in Lagos on Wednesday, March…

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‘In Three Months,’ DisCos Rake In ₦509.84 Billion From Customers

Damilola Olonade

‘Eko (90.00%), Ikeja (82.63%), Others,’ who-collected-what details NERC gives about the 2024 Q4 fiscal The eleven electricity distribution companies in Nigeria raked in N509.84 billion in the last quarter of the year 2024. Platforms Africa reports that the Nigerian Electricity Regulatory Commission (NERC), which declared this in its “Quarterly Report 2024,″ maintained that the development translated to a collection efficiency of 77.44%. The revenue on token and post-paid billing in the three months of October, November and December 2024 is out of the N658.40 billion that was billed to customers…

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Firm Deepens CSR Investment With Solar Lights, Others In Host Community

Ganiyu Amodu

Multisub Energy Limited, an indigenous Oil and Gas exploration and production company, in partnership with the Olure Host Communities’ Development Trust (OHCDT) has commissioned a school furnishing project in Eghoro Community and the installation of 70 street lights in Safa/Ogbin bloc of communities, in Warri North LGA, Delta State. The Abokunwa Primary School in Eghoro was equipped with 50 students’ desks, teachers’ tables and chairs, magic boards and a 120-meter walkway to improve access to quality education in the area. Speaking at the event Chairman and Managing Director of Multisub,…

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Axxela Reaffirms Commitment to Energy Security, Industrialisation, Sustainability

Ganiyu Amodu

Axxela Limited, a gas and power solutions provider in sub-Saharan Africa, has reiterated its commitment to enhancing energy security, driving industrialisation, and promoting environmental sustainability in Lagos State. Axxela made this pledge during a visit to Lagos State Governor, Babatunde Sanwo-Olu, at the Lagos House, Marina. Through one of its subsidiaries, Gaslink Nigeria Limited, Axxela has pioneered private-sector natural gas distribution, significantly expanding gas infrastructure in Lagos by over 170m spanning key industrial hubs, including Ikeja, Ilupeju, Isolo, Ijora, Apapa, Tin Can, Victoria Island, and Eko Atlantic. With ongoing expansion…

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Another Explosion Hits Gas Facility In Rivers

Ganiyu Amodu

Just days after a major explosion rocked the Trans Niger Pipeline in Bodo, Gokana Local Government Area of Rivers State, another blast has been reported at the Soku oil facility in Akuku Toru Local Government Area. The Youths and Environmental Advocacy Centre (YEAC-Nigeria), a grassroots organization active in the Niger Delta region, confirmed the incident on Sunday. In a statement signed by its Executive Director, Dr. Fyneface Dumnamene Fyneface, the group said the explosion occurred early in the morning and was reported by its network of youth volunteers. According to…

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