Ademola Adegbamigbe

Sep 17, 2024 | pmnewsnigeria.com | Ademola Adegbamigbe

Concerns are beginning to mount in Nigeria’s energy sector as Dangote Refinery, the highly-anticipated facility seen as a game-changer for the country’s fuel production, has not been able to meet its 25m fuel supply obligations to the Nigerian National Petroleum Company Limited (NNPC Ltd). Dangote Refinery and Petrochemicals finally commenced lifting of its Premium Motor Spirit (PMS) to the NNPC on Sunday, with the release of 16.3 million litres .

Sep 17, 2024 | pmnewsnigeria.com | Ademola Adegbamigbe

Richard AkinnolaI often get amused when l see videos or pictures of dark suited DSS details jogging by the vehicles of some public or private people. I have seen some with their special rifles guarding some private individuals and guess what? These people being guarded feel on top of the world; they see it as status symbol and l get amused. But let me tell you two stories. When the General Muhammadu Buhari coup overthrew the Shehu Shagari government on December 31, 1983, guess what?

Sep 13, 2024 | pmnewsnigeria.com | Ademola Adegbamigbe |Olufemi Soneye

By Olufemi SoneyeIn 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 NNPC Ltd calling it one of the most opaque and unreliable companies in the world.

Sep 12, 2024 | pmnewsnigeria.com | Ademola Adegbamigbe

The bid by two Lagosians, Abiodun Ariori and Tajudeen Akanbi (representatives of the family of late Chief Mojisola Cole) to obtain an interim Injunction to restrain NASCO Town Ltd from exercising possessory rights over an expanse of land located at Abule Oshun in Ojo Local Government Area of Lagos State failed on Thursday. The Vacation Judge, Hon. Justice Aishat Opesanwo, on Thursday, directed them back to the substantive Court (Hon Justice M.

Sep 12, 2024 | pmnewsnigeria.com | Ademola Adegbamigbe

…TUC President calls for the granting of a special exchange regime to the NNPCL The Trade Union Congress (TUC),  has attributed the prevailing high cost of petrol primarily to the devaluation of the naira, rather than the removal of the petrol subsidy in May 2023.