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Dangote Refinery exports PMS to Cameroon

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General Buratai Urges Dangote Not To Succumb To Marketers Blackmail, Reveals Why

Dangote Refinery exports PMS to Cameroon

…Dangote Refinery, Neptune Oil Announce their first export transaction of Refined Products to Cameroon

 

In a landmark move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the first-ever export of Premium Motor Spirit (PMS) from Dangote Refinery, Africa’s largest oil refinery, to Cameroon.

This milestone, resulting from a strategic collaboration between the two companies, underscores their commitment to strengthening economic ties between Nigeria and Cameroon while meeting the region’s growing energy demands… Alhaji Aliko Dangote, President and CEO of the Dangote Group, stated: “This first export of PMS to Cameroon is a tangible demonstration of our vision for a united and energy-independent Africa. With this development, we are laying the foundation for a future where African resources are refined and exchanged within the continent for the benefit of our people.”

Antoine Ndzengue, Director and Owner of Neptune Oil emphasized: “This partnership with Dangote Refinery marks a turning point for Cameroon. By becoming the first importer of petroleum products from this world-class refinery, we are bolstering our country’s energy security and supporting local economic development. This initial supply, executed without international intermediaries, reflects our commitment to serving our markets independently and efficiently.”

The collaboration between Dangote Refinery and Neptune Oil does not end with this first export. Both companies are exploring new initiatives to establish a reliable supply chain that will help stabilize fuel prices and create new economic opportunities across the region.

A Major Regional Impact
For Nigeria, this export showcases Dangote Refinery’s ability to meet domestic needs and position itself as a key player in the regional energy market. It represents a significant step forward in accessing high-quality and locally sourced petroleum products for Cameroon.

About Dangote Refinery
Located in Lagos, Nigeria, Dangote Refinery is the largest single-train refinery in the world, with a processing capacity of 650,000 barrels per day. It is a flagship project of the Dangote Group, which is dedicated to transforming Africa’s energy landscape.

About Neptune Oil
Neptune Oil is a leading energy company in Cameroon, committed to providing reliable and sustainable energy solutions. Through collaborations with international partners, Neptune Oil plays a pivotal role in driving economic growth in the region.

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Elegant Fashionista, Chief (Princess) Adeyinka Adedokun 3ace bags double awards

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*Elegant Fashionista, Chief (Princess) Adeyinka Adedokun 3ace bags double awards

 

Same day same event, Chief (Princess) Adeyinka Adedokun 3ace, Otun Yeyemeso of Ilaro-Yewa, President, Faces of Yewa Indigenes Foundation and CEO of 3ace De Current International Boutique Ireland and Nigeria has had her awards cabinet boosted by two additional awards.

The latest boosts to the award cabinet of the elegant fashionista, international entrepreneur, TikTok sensation and Facebook content creator, Adeyinka Adedokun are Most Unique Woman Icon of the Year Award and Digital Women Icon of the Year.

She received the award at the 2024 Nigeria Social Media Conference and Awards organized by Celebrity Crush Television which was held at the Lagos Chamber of Commerce (LCCI) building, Ikeja, Lagos.where she was represented by the duo of Tolu Apanisile and the Director of Operations of Faces of Yewa Indigenes Foundation, Kehinde Akinlade.

Responding after the award presentations, Kehinde Akinlade said Chief (Princess) Adeyinka Adedokun considers the social media as tool for expanding commerce, the development of ideas, initiatives and also a veritable tool for a better society.

He described the award as an icing on the cake for Chief (Princess) Adeyinka Adedokun who sees the social media as blessing enough in expanding her business empire, reaching global audience and making profit from the comfort of her home, her business offices and even the streets.

The representative of the beautiful Princess added that the award is well appreciated by the recipient and it will spur her on to continue to promote positive use of the social media as a tool for business growth, upscaling of entrepreneurial skills and for enabling a better society for all.

He said Chief Princess Adeyinka Adedokun wants a better society championed by the present generation of youths through the use of the world wide web which the social media forms an important part of. He said the the award recipient wants the youths to leave the dark side of the internet for the brighter side with contents that promote positivity as against the debasement of women, promotion of crime and other vices.

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Capacious Farms and Adron Homes Celebrate World Food Day with JSS Arts & Essay Contest, Award Top 5 Schools

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Capacious Farms and Adron Homes Celebrate World Food Day with JSS Arts & Essay Contest, Award Top 5 Schools

Capacious Farms and Adron Homes Celebrate World Food Day with JSS Arts & Essay Contest, Award Top 5 Schools

 

In celebration of World Food Day, Capacious Farms & Foods Ltd hosted the 2024 Junior Secondary School (JSS) Arts & Essay Contest Award Ceremony yesterday, with sponsorship from Adron Homes & Properties. The event, which took place at the Adron training School in Simawa, aimed to engage young minds in agriculture, creative arts, and essay writing to raise awareness about food security and sustainability.

 

The competition saw participation from 40 schools nationwide, each submitting entries focused on the future of agriculture and its role in combating food insecurity. After a rigorous judging process, five schools emerged as winners, with students from these schools receiving cash prizes, generously sponsored by the foremost real estate company in Nigeria, Adron Homes & Properties.

Capacious Farms and Adron Homes Celebrate World Food Day with JSS Arts & Essay Contest, Award Top 5 Schools

The Chief Operating Officer of Capacious Farms & Foods Chi Tola Roberts, emphasized the significance of the event in her address. “Commemorating World Food Day through this contest highlights the critical role agriculture plays in our society. Our goal is to spark an early interest in agriculture and equip students with the knowledge and motivation to pursue careers in the sector,” she stated. Roberts also announced that the contest would become an annual event, with promises of broader outreach and increased opportunities for students.

The chairman, Adron Group, Aare Adetola Emmanuelking spoke passionately about Nigeria’s agricultural history and the importance of returning to its roots. “Our nation was built on agriculture. Cocoa House, one of Nigeria’s landmarks, was funded through proceeds from cocoa farming. By supporting initiatives like this, we aim to inspire the next generation to see agriculture not only as our past but as our future,” he said. Emmanuelking reiterated Adron’s commitment to supporting youth engagement in agriculture, particularly through sponsorships like those awarded at this event.

Prof. Adesegun, Chairman of the Babcock University Schools Management Board, delivered a keynote speech on the global food crisis and the importance of youth involvement. “We are facing a global challenge in food security, and the youth must be at the forefront of finding solutions. This competition is a step in the right direction, as it encourages students to think critically about the future of food and agriculture,” he remarked.

The event provided a platform for young students to showcase their artistic and literary talents, exploring themes that align with the mission of World Food Day: ending hunger and ensuring food security for all. The five winning schools were awarded cash prizes, and their students were celebrated for their exceptional creative and analytical contributions.

Capacious Farms & Foods Ltd and Adron Homes & Properties have committed to making this competition an annual event, fostering a deeper connection between Nigeria’s youth and the agricultural sector.

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Senate Orders Arrest of Julius Berger MD

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Senate Orders Arrest of Julius Berger MD Over Abandoned Projects

Senate Orders Arrest of Julius Berger MD Over Abandoned Projects

 

The Senate on Thursday issued an arrest warrant for the Managing Director of Julius Berger Nigeria Plc, Dr. Peer Lubasch, following his repeated failure to appear before the Senate Committee on Works.

The resolution came after a motion was moved by the Senate Minority Whip, Senator Osita Ngwu (PDP, Enugu West), and co-sponsored by Senators Asuquo Ekpenyong (APC, Cross River South) and Mpigi Barinada (PDP, Rivers South-East).

In his motion, Senator Ngwu highlighted that Julius Berger had persistently ignored invitations to clarify issues surrounding abandoned projects and the significant increase in the cost of contracts, from N54 billion to N195 billion.

He raised concerns over the Odukpani-Itu Highway project, noting that Julius Berger had received more than N18 billion in public funds but had failed to meet targets and honor contract terms. “Despite receiving substantial public funds, Julius Berger has refused to provide details of their role in the Odukpani-Itu Highway project,” Ngwu stated.

Ngwu further pointed to discrepancies in the performance of contractors, with Julius Berger specifically singled out for not meeting expectations. He referenced the National Assembly’s constitutional powers to investigate and summon any person or organization handling public funds, as stipulated in Sections 88 and 89 of the 1999 Constitution.

The senator also drew attention to the alleged termination of Julius Berger’s contract for the Odukpani-Itu Highway due to its failure to accept contract review terms, despite initially agreeing to a contract worth over N54 billion. Julius Berger later sought an upward review to N195 billion, which was rejected.

Ngwu called on the Senate to invoke its constitutional powers, as outlined in Section 89(1)(c) and (d) of the 1999 Constitution, to compel Dr. Lubasch’s attendance at the rescheduled investigative hearing. Senate President Godswill Akpabio confirmed that a specific date for the MD’s appearance would be included in the arrest warrant.

The motion led to a heated debate in the Senate, with some senators calling for the immediate issuance of the arrest warrant. Senators Orji Uzor Kalu (APC, Abia North), Abdul Ningi (PDP, Bauchi Central), and Joel Onowakpo Thomas (APC, Delta) supported the motion. However, Senators Seriake Dickson (PDP, Bayelsa West), Adams Oshiomhole (APC, Edo North), and Ahmad Lawan (APC, Yobe North) proposed resolving the matter at the committee level to avoid unnecessary escalation.

Despite the differing opinions, the Senate resolved to proceed with the arrest warrant, reaffirming its commitment to ensuring transparency and accountability in the use of public funds.

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