Category: Energy

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…

NNPC increases price of petrol to N1,030 per litre

Emporium Reporters

The Nigerian National Petroleum Company Limited (NNPC Ltd) has increased petrol price to N1,030 per litre at various outlets across the country. The recent development comes after the NNPC decided to terminate its exclusive purchase agreement with Dangote Refinery. Recall it was reported that the NNPCL is ending its exclusive purchase agreement with Dangote Refinery, opening up the market for other marketers to buy petrol directly from the refinery. This means the NNPC will no longer be the sole off-taker, and marketers can now negotiate prices directly with Dangote Refinery.…

FHA establishes Energy Distribution Company ….. Promises more Power Generation for FHA Estates, other Nigerians

Abubakar Yusuf

The Managing Director, Federal Housing Authority FHA, Hon Oladimeji Oyetunde Ojo has promised to improve on provision of electricity to Nigerians geared towards bridging energy crises across the country and it’s Estates .   The Managing Director, Federal Housing Authority FHA, Hon Oladimeji Oyetunde Ojo gave this assurance on Wednesday during the commissioning of the newly established FHA Energy Distribution Company Limited Head office, a subsidiary of the agency located in Abuja.   While commending President Bola Ahmed Tinubu under the Renewed Hope Agenda of the present administration for providing…

FHA to commission Energy Distribution Company Sept., 25

Abubakar Yusuf

The Federal Housing Authority newly established Energy Distribution Company Limited Head office, a subsidiary of FHA will be commission on Wednesday, September, 25. A statement released by the Managing Director, FHA Energy Distribution Limited, Engr Umar K.M. Umar said the new Head office is located along 24B Osaigbovo Ogbemudia crescent , Apo Legislative Quarters , Abuja. The event scheduled to hold at 10 am will be presided by the Managing Director, Federal Housing Authority FHA, Hon. Oladimeji Oyetunde Ojo. The FHA aside construction of housing is diversifying to energy distribution…

NNPC announces prices of Dangote petrol for different states in Nigeria (Full List)

Emporium Reporters

The Nigerian National Petroleum Company (NNPC) Limited has announced prices of Dangote petrol for its retail stations across different states in Nigeria In a social media post on Monday, the NNPC said the estimated pump price is based on prices set by the Dangote refinery for its petroleum products.   According to the price map shared by the NNPC, residents in the northern part of Nigeria will pay more for the product while those in Lagos will pay less.   – The company reassured Nigerians that in the event of…