Business
Kaduna refinery to start production by December
The Nigerian National Petroleum Corporation, NNPC, disclosed yesterday that Kaduna Refinery will resume the production of Premium Motor Spirit, PMS (petrol), within the next three months.
This was even as NNPC stated that it had lifted the embargo earlier placed on 113 vessels, banning them from engaging in crude oil and gas loading activities in any of the terminals within Nigerian territorial waters.
In a statement by NNPC in Abuja, Group Managing Director of the corporation, Mr. Ibe Kachikwu, stated that the Fluid Catalytic Cracking Unit, FCCU, and the fuel section of the refinery would be brought back to life within this period to ensure that Nigerians continue to enjoy uninterrupted supply of petroleum products.
Kachikwu, who stated this during a facility tour of the Kaduna Refining Petrochemical Company, KRPC, said the refinery will get a turn around that will make it commercially sustainable.
He said: “All the component units of the refinery, including the FCCU and the fuel section, will be fully rehabilitated for resumption of crude supply to the plant.
“You will soon have a different company; we must do all it takes to make this company a success.”
Need for more refineries
He stressed the need for the establishment of more refineries, especially in view of the low refining capacity of the country, adding that NNPC is planning to build additional refineries.
He said: “I am pushing to build new refineries next to our existing plants to boost the nation’s refining capacity for the common good.
“The new refineries will be developed by private investors and NNPC’s role will be just to provide them with space close to the existing refineries to enable them share key facilities such as pipelines and storage facilities.”
Also speaking, Group Executive Director, Refining & Technology, Mr. Dennis Ajulu, expressed optimism in the ability of NNPC to rise above its challenges and reposition itself on the path of profitability.
Managing Director of KRPC, Engr. Saidu Mohammed, said staff of the company were fully aligned to the vision of commercialization and that they would support Kachikwu in that drive.
Conditional embargo lifting
On the embargo on the 113 oil vessels, NNPC stated that the lifting of the ban is subject to the receipt of Letters of Comfort from all terminal operators, oil companies and off-takers of Nigerian oil and gas as guarantee that nominated vessels, pending the outcome of investigation, are unencumbered and would not be utilized for any illegal activity.
The corporation noted that in view of the above, Federal Government had approved the establishment of an inter-agency committee comprising Department of State Services, DSS; Nigerian Maritime Administration and Safety Agency, NIMASA; Nigerian Navy, Department of Petroleum Resources, DPR and NNPC with the mandate to collect data and investigate the activities of the banned vessels within Nigerian territorial waters.
vanguard
Business
Valentine Season: Adron Homes Encourages Nigerians to Build Lasting Love Through Real Estate
Valentine Season: Adron Homes Encourages Nigerians to Build Lasting Love Through Real Estate
Adron Homes and Properties has continued its ongoing “Love for Love Promo” as part of its Valentine season initiatives, encouraging couples, families, and investors to move beyond traditional gifts by embracing shared property ownership as a lasting expression of commitment and financial stability.
The company stated that the promo, which has been running throughout the Valentine period, was designed to inspire Nigerians to build long-term value and legacy through real estate investments. It noted that the initiative offers attractive discounts, flexible payment options, and a variety of exclusive gift items across its estates and housing projects nationwide.
Under the promo structure, clients who pay ₦100,000 receive cake, chocolates, and a bottle of wine, while those who pay ₦200,000 receive a Love Hamper. Subscribers who commit ₦500,000 receive a Love Hamper with cake, and those who pay ₦1,000,000 enjoy a choice of a Samsung phone or a Love Hamper with cake.
The incentives increase with higher commitments. Clients who pay ₦5,000,000 receive either an iPad or a romantic couple’s getaway at a top Nigerian hotel, while payments of ₦10,000,000 come with options including a Samsung Z Fold 7, a three-night stay at a premium resort, or a full solar power installation.
High-value investors are also rewarded, as clients who pay ₦30,000,000 on land receive a three-night couple’s trip to Doha or South Africa. At the same time, purchasers of houses valued at ₦50,000,000 are presented with a double-door refrigerator, further reflecting the company’s focus on combining lifestyle experiences with strategic investments.
The company added that the promo covers estates located in Lagos, Shimawa, Sagamu, Atan–Ota, Papalanto, Abeokuta, Ibadan, Osun, Ekiti, Abuja, Nasarawa, and Niger states. It reiterated its commitment to secure land titles, affordable pricing, and prime locations, urging Nigerians at home and in the diaspora to take advantage of the ongoing Valentine campaign to build a future rooted in love, security, and prosperity.
Business
14 Reasons Nigerians Should Own Property with the Trusted Real Estate Brand
14 Reasons Nigerians Should Own Property with the Trusted Real Estate Brand
As part of activities marking its 14 years of transforming Nigeria’s real estate landscape, Adron Homes and Properties has unveiled 14 compelling reasons why individuals and families should consider owning property with the company reinforcing its commitment to accessible, stylish, and sustainable homeownership.
In a statement released by the company, Adron Homes described property ownership not just as an investment but as a strategic lifestyle decision rooted in long-term security, wealth creation, and community development. The company noted that over the past 14 years, it has remained consistent in providing affordable housing solutions while delivering well-planned estates that cater to diverse income levels.
According to the statement, Adron Homes’ success is anchored in its strong value proposition, which ranges from affordable pricing and flexible payment structures to prime estate locations nationwide. The company emphasized that its gated communities are designed with security, modern architectural standards, and structured infrastructure that ensure comfort and functionality for residents.
Adron Homes further highlighted its transparent documentation process and verified property titles, which have continued to boost investor confidence and encourage long-term property ownership among Nigerians at home and in the diaspora. The company added that its developments are intentionally designed to promote thriving communities, environmental sustainability, and long-term urban planning.
With a proven track record of helping thousands of customers achieve their property dreams, Adron Homes reaffirmed its commitment to delivering high-value investments that appreciate over time while maintaining strong customer service support from initial inquiry to allocation and beyond.
The organisation also noted its culture of appreciation for clients, partners, and staff through consistent reward programmes and promotional incentives. This strategy has strengthened loyalty and deepened engagement across its growing customer base.
Reflecting on its 14-year journey, Adron Homes reiterated that its mission goes beyond selling land and houses; it focuses on building vibrant communities where families thrive, investments grow, and futures are secured. The company encouraged Nigerians to take advantage of its flexible ownership opportunities, stressing that the best time to invest in property is now.
As it continues to expand its footprint across Nigeria, Adron Homes remains committed to innovation, excellence, and redefining the real estate experience through sustainable developments that stand the test of time.
Business
Ogun Unveils Plan for ₦1bn AI-Driven Digital Classroom at Remo Secondary School
Ogun Unveils Plan for ₦1bn AI-Driven Digital Classroom at Remo Secondary School
The Ogun State Government has announced plans to deliver a 900-capacity, Artificial Intelligence-enabled digital learning complex at Remo Secondary School, Sagamu, in a move aimed at strengthening technology-based education across the state.
Governor Dapo Abiodun disclosed activities marking the institution’s 80th anniversary, noting that the proposed facility represents a deliberate investment in modern learning infrastructure designed to prepare students for a rapidly evolving, knowledge-driven global economy.
He explained that the digital classroom project complements ongoing smart-education initiatives within the school, which already features a functional resource centre and a state-of-the-art robotics laboratory established to nurture innovation, problem-solving skills, and digital competence among learners.
Reaffirming his commitment to the school’s growth, the governor announced a financial pledge of ₦100m, stating that ₦50m representing half of the amount would be released immediately to kick-start development efforts. He also assured stakeholders that at least one of the outlined projects would be fully executed before the end of his administration.
Abiodun further disclosed that the state government had upgraded the school’s science laboratories, equipping them with modern facilities and teaching tools to ensure safer and more effective practical learning experiences for students.
He added that renovation works had also been completed on both the male and female hostels to improve accommodation standards, enhance security, and promote the overall well-being of boarding students.
Describing Remo Secondary School as a symbol of enduring heritage, the governor said the anniversary celebration went beyond mere commemoration of years of existence, emphasising the institution’s long-standing role in shaping generations of leaders and professionals.
He praised members of the old students’ association for their unwavering support and contributions to the school’s development, stressing that their collective efforts demonstrate a shared commitment to sustaining its legacy of excellence.
According to him, the projects and improvements carried out at the school reflect a strong belief in education as a foundation for future growth, as well as the power of collaboration between government, alumni, and the wider community.
Abiodun also revealed that the institution had been recognised as one of Ogun State’s model schools, urging students to remain focused on their academic pursuits, uphold strong moral values, and continue the tradition of excellence for which the school is known.
-
celebrity radar - gossips6 months agoWhy Babangida’s Hilltop Home Became Nigeria’s Political “Mecca”
-
society6 months agoPower is a Loan, Not a Possession: The Sacred Duty of Planting People
-
news6 months agoTHE APPOINTMENT OF WASIU AYINDE BY THE FEDERAL GOVERNMENT AS AN AMBASSADOR SOUNDS EMBARRASSING
-
Business6 months agoBatsumi Travel CEO Lisa Sebogodi Wins Prestigious Africa Travel 100 Women Award



You must be logged in to post a comment Login