Author: Ifetayo Adeniyi

Marketers disagree with Dangote’s fuel distribution plan, fear business shutdown National President, Petroleum Products Retail Outlets Owners Association of Nigeria, Billy Gillis-Harry Marketers disagree with Dangote’s fuel distribution plan, fear business shutdown * … says competition should always be allowed to protect consumers and promote economic efficiency. * Refinery gives assurance offering credit facility to those purchasing a minimum of 500,000 litres. * Pump price reduction could be experienced with improved efficiency. Oil marketers under the aegis of the Petroleum Products Retail Outlets Owners Association of Nigeria have raised concerns over the Dangote Petroleum Refinery’s plan to distribute fuel directly…

EU, Germany introduced energy networks to enhance economy of  Kano European Union EU, Germany introduced energy networks to enhance economy of  Kano * Kano is in need of about 1,000MW of electricity. The European Union, in partnership with the German Federal Ministry for Economic Cooperation and Development, Monday, launched two Energy Efficiency Networks in Kano State. These initiatives, which seek to support the commercial and industrial hub of the North in addressing the energy challenges impacting the state’s economic growth and social development, will promote inclusive growth and strengthen the energy transition efforts of the government. Speaking during the official…

MFM spiritual daughter, Devendra to start second term as Amesbury Mayor Dr Monica Devendran MFM spiritual daughter, Devendra to start second term as Amesbury Mayor A member of Mountain of Fire and Miracles Ministries, Reading, United Kingdom, Dr Monica Devendran, has taken the oath of office for the second term as the Worshipful Mayor of Amesbury. The mayor is a spiritual daughter of the wife of the General Overseer of MFM, Dr Folashade Olukoya. The celebration service to mark the event was held at the Amesbury church and followed by a grand reception at Antrobus House. Dignitaries from across the…

Fidelity Bank Funds Construction of Nigeria’s First Privately Built Onshore Oil Export Facility in 50 Years Fidelity Bank Funds Construction of Nigeria’s First Privately Built Onshore Oil Export Facility in 50 Years In a significant boost to Nigeria’s crude oil production and export capabilities, leading financial institution Fidelity Bank Plc has facilitated the construction of the country’s first privately built and operated onshore crude export terminal in over 50 years. The terminal, located at the Otakikpo Marginal Field in Rivers State and operated by Green Energy International Limited (GEIL), successfully exported its first crude oil cargo at 2pm on Sunday,…

Debt Management Office issues N50 bn Green Bond for FG FGN Savings Bonds Debt Management Office issues N50 bn Green Bond for FG • Proceeds to address projects that would cushion climate change impact. The Debt Management Office (DMO) has put on offer a N50 billion Green Bond, on behalf of the Federal Government (FG). The Director-General (D-G) of the DMO, Ms. Patience Oniha, told investors at a stakeholders’ meeting in Lagos, yesterday, that the proceeds would be used to fund several climate-friendly projects such as renewable energy, afforestation, dams and the Compressed Natural Gas, across the country. The instrument…

Former aide Aliyu Audu declares reason for resignation; tackle present administration Aliyu Audu / Credit: Channels TV Former aide Aliyu Audu declares reason for resignation; tackle present administration * Questions Nyesom Wike’s loyalty while still in PDP. A former Senior Special Adviser to President Bola Tinubu on Public Affairs, Aliyu Audu, has revealed that he resigned from the administration in order to actively campaign against Tinubu’s re-election bid in 2027. Speaking on Monday during an interview on Channels Television’s Sunrise Daily, Audu said his decision was driven by a matter of “principle and conscience,” as he accused the ruling All…

Ooni welcomes Chess icon Onakoya, gives out ₦1.6m to students, teachers Ooni with Onakoya Ooni welcomes Chess icon Onakoya, gives out ₦1.6m to students, teachers The Ooni of Ife, His Imperial Majesty Oba Adeyeye Enitan Ogunwusi, on Monday welcomed celebrated chess champion and founder of Chess in Slums Africa, Tunde Onakoya, to the Ile-Oodua Palace, Ile-Ife, for a remarkable inter-school chess initiative titled “The King’s Move.” Organised in collaboration with the Hopes Alive Initiative, a foundation championed by Queen Temitope Morenike Ogunwusi, the event brought together 14 secondary school students across Ile-Ife in a spirited chess contest with Onakoya.…

Oniru at 5th year, promises to transform Iruland into a City Oba Lawal and his wife with former Minister and Governor, Babatunde Fashola Oniru at 5th year, promises to transform Iruland into a City The Oniru of Iruland, Oba Abdulwasiu Omogbolahan Lawal, has reaffirmed his commitment to the sustained development and cultural renaissance of Iruland as he marked his fifth coronation anniversary in grand style. Speaking at a colourful ceremony attended by traditional rulers, government officials, community leaders, and well-wishers, the monarch reflected on his five-year reign, which he described as a journey of transformation, cultural preservation, and inclusive leadership.…

PENGASSAN insists, accuses marketers of exploitation, Petrol should be N700-N750/litre PENGASSAN PENGASSAN insists, accuses marketers of exploitation, Petrol should be N700-N750/litre The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, Festus Osifo, has claimed that the recurring shutdowns of Nigeria’s state-owned refineries are driven more by political motives than operational challenges. PENGASSAN also accused petroleum marketers of exploiting Nigerians through inflated petrol prices, insisting that the current pump price of Premium Motor Spirit should range between N700 and N750 per litre. Speaking at a world press conference on Nigeria’s Oil and Gas industry and state of…

Our New Footwear Manufacturing Facility Will Guarantee The Safety Of Nigerian Oil Workers – Yikodeen Yikodeen, an indigenous footwear manufacturer, has said that it is set to officially unveil its newly expanded manufacturing facility on June 24. This is coming following its recent investment from Aruwa Capital Management and its participation at the Nigerian Oil & Gas Opportunity Fair in Bayelsa. Yikodeen believes the launch represents an applaudable achievement in Nigeria’s local content promotion, saying it will position it as home to the most technologically advanced safety footwear production facility in West Africa. Speaking via a press statement, the company…