A socio-cultural group, Yoruba Stakeholders Assembly, has reacted to the recent misinformation surrounding the pricing of Premium Motor Spirit (PMS) in the country, commending the efforts of the Nigerian National Petroluem Company at stabilizing the price. The Group, which is committed to transparency, accountability and fostering an informed citizenry in Nigeria, noted that it is…
Concerns are beginning to mount in Nigeria’s energy sector as Dangote Refinery, the highly-anticipated facility touted as a game-changer for the country’s fuel production, has failed to meet its 25m fuel supply obligations to the Nigerian National Petroleum Company Limited (NNPC Ltd). This newspaper recalls that Dangote Refinery and Petrochemicals finally commenced lifting of its…
By Olufemi Soneye In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become fashionable to blame the national oil company, the Nigerian National Petroleum Company Ltd (NNPC Ltd), for everything. Last week, it was Prof. Pat Utomi who railed and fumed at the…
The Justice Action Alliance (JAA) has called out the Dangote Refinery to be transparent about its dealings, especially on petrol, saying that Nigerians are tired of the confusion trailing the availability and pricing of the product from the private refinery. Dangote Refinery had, on Tuesday, revealed that the Federal Executive Council would be the one…
The Chief Executive Officer of Cowry Assets Management Ltd, Jonhson Chukwu has said that the dividend and taxes paid by the Nigerian National Petroleum Company Ltd will reduce the financial burden of the federal government. Chukwu said this in response to the record performance of the state-owned company after it released its financial accounts for…
For many Nigerians watching the unfolding drama around the dissolution of the Special Investigative Committee set to probe the face-off between billionaire businessman, Alhaji Aliko Dangote and his refinery on one side, and the Nigerian National Petroleum Company Limited (NNPCL) and the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA ) on the other, the involvement…
A Pressure Group in the South East, Ohaneze Think Tank, has called on the House of Representatives to investigate the activities of the disbanded Ugochinyere led committee investigating the NNPCL under Engr Mele Kyari. The Think Tank Group described the 15-man committee as scandalous, which must be investigated forthwith, adding that Ugochinyere and his cohorts…
With exactly a week to go in his presidency, President Muhammadu Buhari on May 22, 2023, inaugurated the Dangote Refinery, a 650,000 barrels per day facility reputed to be the largest Single-Train petroleum refinery in the world. There was pomp and circumstance as the refinery reportedly came on board, but as it would later turn…
In what appears a major shift from previous clam by the Dangote Refinery company, the Group Chief Strategy Officer, Dangote Refinery and Petrochemicals Company, Aliyu Suleiman on Wednesday, stated that 60 per cent of the crude supplied to the refinery was done by the Nigerian National Petroleum Company Limited. Aliyu made the submission during an…
Dr. Rueben Abati, a veteran journalist and former Senior Adviser on Media and Publicity to former President Goodluck Jonathan, on Monday, dismissed call by a fragment of the House of Representatives to sack the Chief Executive Officer of the Nigerian National Petroleum Company (NNPC), Mallam Mele Kyari. Abati, the lead anchor in the popular Arise…
Following a comprehensive analysis of data sourced from certified laboratory results and delivery records, Abuja based Newspaoer, Politics Nigeria, reports that the diesel fuel from Dangote Refinery contains high sulphur content at least 400 percent higher than European Union (EU) standards. Recall that Aliko Dangote, the CEO of Dangote Refinery, had, last month, claimed that…
The President of the Petroleum Products Retail Outlets Owners Association, (PETROAN), Billy Gillis-Harry, has called on the current administration of President Bola Ahmed Tinubu and other stakeholders to be wary of Dangote Refinery and its fuel price regime in the coming months, with a view to avoiding cannibalization of small businesses in the oil and…
In the realm of technology, artificial intelligence (AI) and machine learning (ML) are often used interchangeably, leading to confusion. While both are intricately linked, they represent distinct concepts within the broader field of computer science. This comprehensive guide unravels the differences between AI and machine learning, empowering you to navigate these fascinating fields with clarity….
In the ever-evolving realm of artificial intelligence (AI), large language models (LLMs) like ChatGPT are rapidly transforming how we interact with computers. These sophisticated models possess the remarkable ability to generate human-quality text, translate languages, write different kinds of creative content, and answer your questions in an informative way. This comprehensive guide delves into the…
In today’s fast-paced world, convenience reigns supreme. Amazon Prime membership has become synonymous with just that, offering a plethora of benefits that enhance the online shopping experience and unlock a world of entertainment options. Whether you’re a seasoned online shopper or just starting to explore the digital marketplace, understanding the various perks of Prime membership…