Kunle Awosika

In a heartwarming celebration of life, love, and achievements, renowned entrepreneur and philanthropist Ezinne Nwazulu and her husband Kelechi Nwazulu marked their 10-year wedding anniversary, surrounded by well-wishers and admirers.

Renowned businessman and philanthropist, Dr. Kola Adesina, has joined the esteemed league of sexagenarians, marking a significant milestone in his illustrious life.

His tenure marked by unprecedented challenges, Bayo Adelabu, Minister of Power, has emerged as a beacon of hope for Nigeria's ailing power sector. Despite the odds, he has consistently demonstrated a mastery of the magic of power, leaving critics and admirers alike in awe.

In a world where kindness is a currency, Alhaji AbdulSamad Rabiu is a billionaire of benevolence with a difference. As the world grapples with the challenges of inequality and social injustice, his heart beats with a compassion that defies the boundaries of time and space, resonating with the rhythms of humanity.

Prophets are highly revered personalities because of their spiritual prowess to foretell what would happen at a particular point in the future. Their divine inspiration, interpretation and revelation of events to come are considered sacred because of the potent propensity for undiluted manifestation.

Management of Dangote Petroleum Refinery has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), to enforce the domestic crude supply obligation as specified in the Petroleum Industry Act (PIA), insisting that refineries in Nigeria should be allowed to buy crude directly from the companies that produce it in Nigeria rather than from international middlemen, as enshrined in the PIA act.

 Spokesperson of the Dangote Group, Anthony Chiejina said last night: “We are in receipt of NUPRC's statement that they have facilitated the allocation of 29 million barrels of crude oil to the Dangote Petroleum Refinery and Petrochemicals, we would like to thank them for this allocation but at the same time we wish to let them know that we are yet to receive these cargoes.  

“Aside from the term supply we bilaterally negotiated with NNPCL, so far NUPRC has only facilitated the purchase of one crude cargo from a domestic producer. The rest of the cargoes we have processed were purchased from international traders.” 

Chiejina said that: “All we are asking for, is for refineries in Nigeria to buy crude directly from the companies that produce it in Nigeria rather than from international middlemen. This is specified in the PIA. Unfortunately, the NUPRC has effectively admitted in their statement, that they will be unable to enforce the domestic crude supply obligation as specified in the PIA citing "sanctity of contracts" as an excuse. 

It would be recalled that Dangote Petroleum Refinery management had insisted that it was not yet getting enough crude required for the effective optimization of its refinery from the Nigerian National Petroleum Corporation Limited (NNPCL).  

The Refinery Management, in a release signed by, Group Chief, Branding and Communications Officer, Anthony Chiejina revealed that, “we therefore still insist that we are unable to secure our full crude requirement from domestic production and urge the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), to fully enforce the domestic crude supply obligation as mandated by the PIA.” 

Chiejina clarified that his company has never accused NNPC of not supplying “…us with crude. Our concern has always been NUPRC's reluctance to enforce the domestic crude supply obligation and ensure that we receive our full crude requirement from NNPC and the IOCs.” 

He further explained that “For September, our requirement is 15 cargoes, of which NNPC allocated six. Despite appealing to NUPRC, we've been unable to secure the remaining cargoes. When we approached IOCs producing in Nigeria, they redirected us to their international trading arms or responded that their cargoes were committed.

 Consequently, we often purchase the same Nigerian crude from international traders at an additional $3-$4 premium per barrel which translates to $3-$4 million per cargo”

The Pastor of New Reservation Area Baptist Church, Iyaganku, Ibadan, Oyo State, Rev. Kayode Oyedemi, on Friday disclosed that late Justice Adegboye Ayinla Gbolagunte of the Oyo State Judiciary knew he would die and so had planned his funeral by choosing the cemetery his remains would be buried, and had paid for his vault.

The people of Ado/Ogbadibo/Okpokwu Federal Constituency have been urged to correct their "biggest mistake" in electing a representative accused of being a blackmailer and errand boy for corporate interests.

A former House of Representatives member from Ogun State, Hon. Kayode Jelili Amusan has pleaded with the organizers of the planned nationwide protest tagged ‘End Bad Governance’ slated for August 1, 2024 to reconsider their stance and rather show more understanding and patience towards the many initiatives and programs the Federal Government is deploying towards alleviating the present harsh economic realities the nation is presently facing.

One of Nigeria’s fastest growing hospital groups and renowned fertility experts, St. Ives hospital has opened a new, ultra-modern branch at FESTAC, Lagos.