Thick black smoke was seen billowing into the atmosphere, with a raging fire spreading fast into the mangrove from a video that emerged on Tuesday morning.
According to a statement by the association's executive Secretary, Mr. Olufemi Adewole, the reductions were often strategically timed when other importers had active cargoes at sea or in tank, creating price shocks that undermined competition and imposed financial strain on fellow market participants, including the refinery’s own domestic customers.
The Minister of Power, Adebayo Adelabu; former Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company Limited (NNPCL), Mele Kolo Kyari; Ekiti State...
At an official presentation ceremony held at the company's headquarters in Lagos, the Great Place to Work Institute presented the certification to Axxela's Executive Management Team, led by Timothy Ononiwu, Group Chief Executive Officer.
Speaking at this year’s National Association of Energy Correspondents (NAEC) Energy Conference in Lagos, Adighije described the President’s approval as a landmark decision that would go a long way in restoring the financial health of the sector.
The Authority’s Managing Director, Dr. Olufemi Ogunyemi, stated this in Abuja following reports of escalating industrial tensions and “frequent and excessive external union infiltrations” that have disrupted operations at the Dangote Refinery, the country’s largest private industrial complex.
The initiative forms part of NUPRC’s broader strategy to unlock over 55 trillion cubic feet (TCF) of uncommitted gas reserves and attract multi-billion-dollar investments across Nigeria’s gas value chain.
Africa’s Global Bank, United Bank for Africa (UBA) Plc demonstrated its commitment to fostering peace and stability across Africa with a landmark donation of...
