Lukman Abolade

1 month ago | africaoilgasreport.com | Lukman Abolade

By Lukman AboladeNigerian President Bola Tinubu has appointed Bashir Bayo Ojulari as the new Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL), replacing Mele Kyari after over five-year tenure. This announcement was made in a statement released early Wednesday by the President’s Special Adviser on Information & Strategy, Bayo Onanuga.

Oct 25, 2024 | africaoilgasreport.com | Lukman Abolade

By Lukman Abolade, Senior CorrespondentNigeria’s Minister of Power, Adebayo Adelabu, has managed to survive a cabinet reshuffle by President Bola Tinubu despite evident underperformance. In a press statement on October 23, 2024, Tinubu dismissed five ministers, originally appointed 17 months ago to advance his “Renewed Hope” agenda.

Sep 24, 2024 | africaoilgasreport.com | Lukman Abolade |in Lagos

By Lukman Abolade, Senior Correspondent, in LagosAliko Dangote, the chairman and CEO of the Dangote Group, has admitted to what has been a lingering suspicion among the technical elite of the Nigerian hydrocarbon industry: he is a super businessman who has built a monstrously large midstream facility, but his heart is not in the E&P segment of the sector.

Aug 28, 2024 | africaoilgasreport.com | Lukman Abolade

By Lukman Abolade, Senior CorrespondentNigeria’s state hydrocarbon company NNPC Limited released its annual report and financial statement for the year 2023 in mid August 2024, exactly three years to the date it released its 2020  report, which it had cited as its  first audited financial statement in 47 years.

May 21, 2024 | africaoilgasreport.com | Lukman Abolade

By Lukman Abolade, Senior CorrespondentMele Kolo Kyari, Group Chief Executive Officer of the NNPC Limited, the Nigerian state hydrocarbon company, has fingered security issues, ‘briefcase companies’ and the fiscal environment, as parts of a cohort of challenges responsible for the declining investment in Nigeria’s oil and gas sector.