Angry Itsekiri protesters, on Wednesday, shut down a 28,000 barrels-per-day oil facility in Ugborodo Community, Warri South-West Local Government Area. The action was in protest against what the youths described as a biased ward delineation report released by the Independent National Electoral Commission. The protesters accused INEC and its “collaborators” of orchestrating an ethnic cleansing agenda aimed at marginalising the Itsekiri people. They also warned that any attempt to use the pipeline surveillance contract awarded to High Chief Government Ekpemupolo, popularly known as Tompolo, would be resisted if perceived to…
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‘Naira-for-Crude Still In Effect,’ Govt Says After Meeting With Dangote Officials
The Nigerian government has declared that the naira-for-crude sale deal with Dangote Refinery and other local refineries, facilitated through the Nigerian National Petroleum Company Limited, NNPCL, remains effective. The Technical Sub-Committee on the Crude and Refined Product Sales in Naira Initiative gave this update in a statement on Wednesday after meeting with stakeholders on Tuesday. The committee clarified that the naira-for-crude deal is not a temporary or time-bound intervention but a key policy directive designed to support sustainable local refining, bolster energy security and reduce reliance on foreign exchange in…
Read More‘Get Ready,’ NNPC Staff Unions Threaten Strike, Warn Ojulari Over Appointment Into Top Positions
‘A Slap On Our Faces,’ Why Appointing External Person’s Into NNPC’s Top Positions Won’t Stand- NUPENG, PENGASSAN Spit Fire Workers of the Nigerian National Petroleum Company Limited have warned the new Group Chief Executive Officer of the NNPC, Bayo Ojulari, against appointing external persons into top management positions. The staff who are members of the NNPC Group Executive Council of the National Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Senior Staff Association of Nigeria threatened to shut down operations if the GCEO brings…
Read MoreNCDMB’s Ezeobi Authors Nigeria’s First Book on Local Content Strategic Communication
As stakeholders in the Nigerian oil and gas industry gear up to mark 15 years of the enactment and implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, a new book that captures some of the thrills and highlights of the local content policy has just been unveiled to the reading public. Platforms Africa reports that this book, which pioneers documented scholarly work on local content strategic communication is titled; “Nigeria’s Local Content: A Journey of Strategic Communication and Economic Transformation,” Written by Dr. Obinna Ezeobi, a…
Read More‘Nigerians To Pay Less For Petrol,’ Oil Price Drops To $65/Barrel
There are indications that Nigerians would pay less for the Premium Motor Spirit, PMS, also known as petrol, as the price of Brent dropped to $65 per barrel from $69.90 per barrel in the global market. The price of Brent is used globally to benchmark the prices of other crudes – major feedstocks – and by extension petroleum products prices. Based on checks conducted by Sunday Vanguard, the development was partly fueled by the U.S. President Donald Trump’s announcement of sweeping new tariffs. ‘He Died Weeks After Supporting Late Journalists’…
Read MoreEkpo Performs Ibesikpo CNG Plant Groundbreaking, Hails Economic Growth Prospects
Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo today performed the groundbreaking ceremony for Guelph Gas Limited’s Compressed Natural Gas (CNG) Mother Station in Ibesikpo, Akwa Ibom State, noting that as the world shifts towards cleaner energy sources, Nigeria is poised to leverage its vast natural gas reserves to drive a just and equitable energy transition. Platforms Africa reports that Ekpo’s spokesperson, Louis Ibah, quoted him in a statement as describing CNG a cleaner alternative to traditional fuels, which will play a crucial role in reducing carbon emissions…
Read More‘Their Names, Their Roles,’ NNPC Ltd Appoints Eight Senior Mgt Officers
Following the appointment of the Group Chief Executive Officer and Board of Directors, the Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the appointment of a new 8-man Senior Management Team on Friday. Platforms Africa reports that this was contained in a statement by Olufemi O. Soneye, Chief Corporate Communication Officer. The team which would be headed by the GCEO, Mr Bashir Bayo Ojulari, has Rowland Ewubare as Group Chief Operating Officer; Adedapo Segun as Group Chief Financial Officer; and Olalekan Ogunleye as Executive Vice President Gas, Power &…
Read More‘N950/Litre In Abuja, N925/Litre In Lagos,’ NNPC Unveils Petrol New Prices
The Nigerian National Petroleum Company (NNPC) Limited has increased the price of premium motor spirit, also known as petrol, to N950 per litre in Abuja. Platforms Africa reports that the national oil firm raised the price of the product from the previous price of N880 per litre. At the NNPC retail outlet in Federal Housing, Kubwa, Salient Times observed that the price of the product rose by N70. In Lagos, the price of the product increased to N925 per litre — from N860 — at the Ago Palace Way and…
Read More20/48: Marinho To Ojulari, Tale of 20 Managing Directors In NNPC 48 Years’ History
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.…
Read MoreBayo Ojulari; 10 Quick Facts About NNPC Ltd New GCEO
+ 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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