EXCLUSIVE: How Dangote’s N977 Per Litre Price Stirred NNPCL Price Adjustment

ADEOLA YUSUF

City-by-city Template of how much a litre of petrol will now be sold at NNPCL outlets A litre of premium motor spirit (PMS) popularly called petrol has hit N977 at the Dangote Refinery, major supplier of the product to the Nigerian National Petroleum Company Limited (NNPCL), Platforms Africa can report authoritatively. Findings exclusively conducted by this reputable media group showed that this has led to the adjustment in pump price by the NNPCL as full deregulation of the product takes immediate effect. After Platforms Africa Report, Oil Ministry Director Queried,…

Read More

France Bans Osama Bin Laden’s Son From Entering The Country

ADEOLA YUSUF

French authorities have ordered Omar bin Laden, a painter and the son of slain Al Qaeda leader Osama bin Laden, to leave the country over his terror-inciting posts on social media, France’s interior minister announced on Tuesday., October 8. Born in Saudi Arabia, Omar bin Laden, 43, has also lived in Sudan and Afghanistan. He left his father at the age of 19 and eventually settled in Normandy, France in 2016, taking up the skill of painting. France’s new interior minister, Bruno Retailleau, said on X on Tuesday that Omar…

Read More

‘N1,030 In Abuja, N998/Litre In Lagos: NNPCL Hikes Petrol Price Again

ADEOLA YUSUF

. ‘N113 more per litre,’ Details of the 12.7 per cent hike, the second price adjustment in the last 24 days, which happened 72 hours after Platforms Africa’s report   About 72 hours after Platforms Africa’s report on looming hike in the price of Premium Motor Spirit (PMS) also known as petrol, the Nigerian National Petroleum Company Limited (NNPCL) has increased the price of the product, from N855 per litre to N998 per litre in Lagos and over N1,000 per litre in Abuja. Platforms Africa reports that this is the…

Read More

Lawyer Picks Holes in SAN Selection Process Review

ADEOLA YUSUF

Before you apply for the SAN title, Paul Chukwuma Obi SAN shares professional advice for lawyers on what to know, do A civil litigation and commercial lawyer, Paul Chukwuma Obi SAN, has defended the current selection process in the Senior Advocate of Nigeria (SAN) rank by the Legal Practitioners Privileges Committee. Platforms Africa reports that Obi who is the managing partner P.C .OBI & CO said that although the SAN rank entails a rigorous process to acquire, he wouldn’t suggest a reform. After Platforms Africa Report, Oil Ministry Director Queried,…

Read More

Axe Dangles On Starlink, NCC Speaks On infraction Firm Committed

ADEOLA YUSUF

In a recent development, the Nigerian Communications Commission (NCC) has revealed that Starlink, the satellite internet service provider, did not obtain the necessary approval before increasing its subscription tariffs. Platforms Africa reports that this information was disclosed in an official statement issued on October 8, 2024, by Reuben Muoka, the Director of Public Affairs at the NCC. After Platforms Africa Report, Oil Ministry Director Queried, Minister Disowns Claim Nigeria Names Dangote Refinery Sole Supplier Of Jet A1 Minister To NNPC: Shelve Running Govt Refineries, Face Equity In Dangote Refinery, Others…

Read More

After Platforms Africa Report, Oil Ministry Director Queried, Minister Disowns Claim

ADEOLA YUSUF

. ‘Director upstream lied,’ Full statement by Lokpobiri on NNPC refineries and private refineries equity participation + what-led-to-what report by Platforms Africa that got the minister to speak out   The report by Platforms Africa detailing a charge by ministry of petroleum resources for the Nigerian National Petroleum Company Limited (NNPCL) to stop running its own refineries and focus solely on equity participation in other refineries has generated ripples with the director upstream at the ministry, Engineer Kamoru Busari, been queried and the minister disowning the claim. Busari who represented…

Read More

Nigeria Names Dangote Refinery Sole Supplier Of Jet A1

ADEOLA YUSUF

The Federal Government has approved Dangote Refinery as the exclusive supplier of jet fuel for Nigeria’s airline operators. This was disclosed by the Minister of Aviation and Aerospace Development, Festus Keyamo, during an interview with Channels TV on Tuesday. Keyamo revealed that with his approval and backing, the airline operators agreed to designate the 650,000 barrels per day refinery as the sole provider of jet fuel for the aviation sector. He noted that the move comes at an opportune time, following the Federal Government’s recent implementation of a naira-for-crude agreement…

Read More

Nigeria Embargoes Hajj Subsidy Ahead 2025 Pilgrimage

ADEOLA YUSUF

Muslims intending to travel to Saudi Arabia for the 2025 Hajj may have to pay more as the federal government of Nigeria has suspended subsidies for Hajj payments. The National Hajj Commission of Nigeria (NAHCON) confirmed the development in a statement issued on Monday through the commission’s spokesperson, Fatima Sanda Usara. It is worth noting that the government subsidies typically come in the form of a concessionary exchange rate, enabling pilgrims to purchase dollars at a lower rate from the Central Bank of Nigeria (CBN). However, Usara announced, “There will…

Read More

‘Boats Collided, Capsized,’ How 21 People Drown in Lagos Lagoon Tragedy

ADEOLA YUSUF

‘Other passengers still remain unaccounted for,’ Details Lagos State Police PRO, Benjamin Hundeyin, gave on the calamity No fewer than 21 passengers are feared drowned in a boat accident that occurred on Monday at Imore town in the Amuwo-Odofin Local Government Area of Lagos State. The tragic incident occurred when two boats, ferrying 16 passengers each, collided and capsized in the middle of the lagoon. Why Alimosho LG Chair, Jelili Sulaimon, Was Suspended With Unanimous Vote – Lagos Assembly IT’S OFFICIAL: Earth Now Has Two Moons Minister To NNPC: Shelve…

Read More

Minister To NNPC: Shelve Running Govt Refineries, Face Equity In Dangote Refinery, Others

ADEOLA YUSUF

. At CORAN Summit, Lokpobiri orders modular refineries committee to give concession to local bidders . As Dangote says, he built 650,000 barrels/day refineries without a single incentive   Minister of state for Petroleum Resources (oil), Heineken Lokpobiri, on Tuesday charged the Nigerian National Petroleum Company Limited (NNPCL) to shelve running of its refineries and take equity in private refineries. Platforms Africa reports that Lokpobiri who said this at the maiden edition of Crude Oil Refiners Association of Nigeria ( COREN) Summit in Lagos, maintained that the government has also…

Read More