Tag: Manager

11 Plc Positions Investments, Assets For Downstream Market Leadership

ADEOLA YUSUF

. Breaks record in ATK storage investment, other facilities less than 6 years of ExxonMobil downstream assets takeover . Nigeria’s biggest Aviation fuel storage tank, 70 trucks per day capacity loading gantries, 26,000 bbls per month, among others. Here is the list of facilities uogrades at 11 Plc   11 Plc has invested massively in the facilities to improve productivity and meet market demands barely six years after acquiring the Downstream assets of ExxonMobil in Nigeria. Platforms Africa reports that the Managing Director, 11Plc, Tunji Oyebanji, who said this during…

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NSML Gets First Sub-Saharan African Terminal Environmental Certification

Precious Ibekwe

NLNG Ship Management Limited (NSML), manager of the Nigeria LNG Limited (NLNG) Bonny Terminal, has achieved the terminal’s Ecoport Port Environmental Review System (PERS) certification, making it the first certification of its kind in any port in Sub-Saharan Africa. According to the Managing Director and Chief Executive Officer of NSML, Mr. Abdukadir Ahmed, the certification was an attestation that the facilities and operations at NLNG’s Bonny Terminal comply with leading environmental management practices. He stated that the certification shows the commitment of NSML and its parent company, NLNG, to green…

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NCDMB Crashes Nigeria Oil industry’s Capital Flight by $126bn

ADEOLA YUSUF

Simbi Wabote-led NCDMB holds Capacity Building workshop for Media Stakeholders, declares that 275 oil companies violated local content law The $300 billion oil industry capital flights suffered by Nigeria before the advent of Local Content implementation has been reduced by 42 percent. Platforms Africa reports that the General Manager, Research, Statistics & Development, Nigerian Content Development and Monitoring Board (NCDMB), Abdulmalik Halilu, said this in Lagos during a Capacity Building Workshop for Media Stakeholders. Data compiled exclusively by Platforms Africa shows that 42 per cent of $300 billion is $126…

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