Category: Energy

Petroleum Products Supply:MURIC hails NNPC-Dangote rapport

Lukman Laleye Babalola

A faith-based human rights organization, the Muslim Rights Concern (MURIC), has applauded the cooperation and mutual understanding between the Nigerian National Petroleum Corporation Limited (NNPCL) and Dangote Refinery.   In a statement issued on Monday, 25th November, 2024, the Executive Director of MURIC, Professor Ishaq Akintola, described the recent development as positive, progressive and commendable.   The full statement reads:   *“The Nigerian National Petroleum Corporation Limited (NNPCL) yesterday instructed independent marketers to halt the importation of petroleum products from outside Nigeria citing the capacity of Dangote Refinery to supply…

NNPC’s failure to fix refineries might encourage Dangote to be monopolistic -Nigerians in Diaspora …. say Govt spent N17tr on P/Harcourt, Warri, Kaduna refineries in 20 years

Lukman Laleye Babalola

Despite bickering between the Dangote Petrochemical Industry and the Nigerian National Petroleum Corporation Limited (NNPCL), a group of Nigerians in Diaspora has entertained fears that the leading regulatory agency might be secretly encouraging Dangote Refinery to be monopolistic in oil distribution in the country.   Dr. Donald Illiya, Global President of Nigerians in Diaspora Movement (NDM), in a statement signed Monday morning from London, United Kingdom, said the public faceoffs between the NNPCL and Dangote refinery is confusing, and might be to distract Nigerians, while the regulatory body encourages Dangote…

JUST IN: Dangote refinery reduces price of petrol to N970 per litre

Emporium Reporters

The Dangote Petroleum Refinery has announced a reduction in its ex-depot price of premium motor spirit (PMS), also known as petrol, to N970 per litre for oil marketers.   The group’s Chief Branding and Communications Officer, Anthony Chiejina, made the revelation known on Sunday.   He said the price was slashed from N990/litre to N970/litre “to appreciate the good people of Nigeria”   “As the year comes to an end, this is our way of appreciating the good people of Nigeria for their unwavering support in making the Refinery a…

Tinubu to Commission University of Abuja’s 3-MegaWatts Capacity Solar Hybrid Power Plant ….As REA energizes Nigerian Universities

Emporium Reporters

By Enyi Ejike-Umunnabuike Jr     All is set for the official commissioning ceremony of a 3-Mega Watts capacity Solar Hybrid Power Plant, programmed and directly supervised by the Rural Electrification Agency {REA}.   The event is expected to hold within the early weeks of December, 2024.   The power plant, specifically designed to fully energize the entire University of Abuja community, is located in Nigeria’s Federal Capital Territory.. Other Nigerian federal universities are already benefitting from the same strategic project implementation drive, courtesy of Nigeria’s flagship agency, solely responsible…

Tompolo accuses Nigerian Navy of aiding, abetting Crude Oil Theft … Says Navy collaborates, encourages oil thieves ….. NBA hails Tantita over attainment of 1.8mbpd, promises collaboration

Emporium Reporters

By Abdul Baiye     Prominent Oil Security Maintenance expert and ex-militant leader in the Niger Delta, Chief Government Ekpemupolo, alias Tompolo, has accused the Nigerian Navy efforts was frustrating the war against crude oil theft in the region.   He also accused the Navy of aiding and abetting crude oil theft and other sharp practices associated with petrol products in the oil-rich belt.   While pointing accusing fingers at the Nigerian Navy of collaborating and encouraging illegal oil barons to sabotage the nation’s economy.   Receiving the national executive…

Energy group condemns High importation of fuel amidst NNPCL decision to patronize local refineries …. says removal of Eyesan, Ajiya, face-saving for Kyari, others

Lukman Laleye Babalola

Despite the decision of the Nigerian National Petroleum Corporation Limited (NNPCL), to end Importation of Petroleum Products and patronize Dangote and other local refineries, there has been a rise in petrol importation by marketers in Nigeria over the last few days.   This was contained in a statement signed by Dr. Robinson Onuh, the Executive Director of Energy Reforms Advocates of Nigeria (ERAN), on Monday.   Dr. Onuh’s outcry was also coming on the heels of the sack of some board and top management team of the NNPCL, wherein, Umar…

We remain committed to attainment of over 2 Million Bpd – Tantita

Abubakar Yusuf

Ecomiums have been pouring in for Nigerian National Petroleum Company Limited (NNPCL) and a private security outfit, Tantita Security Services Nigeria Limited (TSSNL) as the nation’s crude oil production hit 1.8 millions barrels per day (1.8m bpd)   The board and management of NNPCL, which announced the feat on Thursday, also disclosed that gas production has also risen to 7.4 billion standard cubic feet per day (7.4bscfd).   Stakeholders have hailed NNPCL and private security agencies hired to safeguard the nation’s economic assets, especially Tantita, for achieving the feat.  …

N’Delta, Industry Stakeholders welcome Eyesan, Ajiya’s sack

Emporium Reporters

By Mohammad Yau   The Spokesman of Niger Delta Consultative Assembly (NDCA), Sylvester Utuedon, described the sack of Eyesan and Ajiya as “bold and courageous.” A press release issued on Friday reacting to the new development, the various Niger Delta Stakeholders and groups commended the removal of the two duos , further describing them as “good riddance to bad rubbish ‘. There was unusual jubilation at the headquarters of Nigeria National Petroleum Company limited ( NNPCL), on Thursday, over the sack of the Executive Vice President(Upstream ) Oritsemeyiwa Eyesan and…

NNPCL Board makes Key Appointment ….. Sacks Umar Ajiya, Oritsemeyiwa Eyesan

Abubakar Yusuf

The Board of Directors of NNPC Limited has announced a series of strategic leadership appointments. These changed according to a release signed by Olufemi Soneye,Chief Corporate Communication Officer,NNPCL reflected the Corporation continued dedication to enhancing corporate governance, improving operational efficiency, and ensuring long-term success in Nigeria’s energy sector.   According to the statement, the following new appointment were made with immediate effect;   1. Mr. Adedapo A. Segun has been appointed as the Chief Financial Officer (CFO). Mr. Segun previously served as the Executive Vice President, Downstream, where he made…

APC Group lauds NNPCL, Marketers over plan to distribute Dangote fuel across Nigeria …… Charges Kyari to fix ailing local refineries, not only MoUs with Dangote

Lukman Laleye Babalola

Foremost youth group within the ruling All Progressive Congress (APC), has hailed the Nigerian National Petroleum Corporation Limited (NNPCL) and major oil marketers for deciding to lift and distribute fuel from the Dangote refinery to end users across the country. The group, APC Vanguard for Optimum Transparency and Accountability (APC-VOTA), also called on the Group Chief Executive Officer (GCEO) of the NNPCL, Malam Mele Kyari, to live up to his promises by making the Port Harcourt, Warri and Kaduna refineries operational. In a statement issued on Wednesday morning by the…