PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY. (PHOTO).

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 PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY   President Bola Tinubu has congratulated the Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, on his birthday.    A statement by Bayo Onanuga, Special Adviser to the President, Information and Strategy, indicates that the President describes Ambassador Enikanolaiye as a distinguished diplomat, accomplished administrator and dedicated public servant whose career reflects professionalism, patriotism and a deep commitment to Nigeria.   Ambassador Enikanolaiye served in the Ministry of Foreign Affairs from August 1982 to August 2017, rising through the ranks to become Permanent Secretary. He later served as Senior Special Assistant to the President on Foreign Affairs and International Relations before he was appointed Minister of State for Foreign Affairs.   President Tinubu commends the celebrant’s significant contributions to Nige...
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NNPCL RECORDS OVER N18B PROFIT IN 4 MONTHS- KYARI.(PHOTO).

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NNPCL Records Over N18B Profit In 4 Months -  Kyari


The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited NNPCL Mr Mele Kyari, says the company retail has made a profit of 18.4 billion naira in the first quarter of 2023.


Mr Kyari made this known at the resumed investigative hearing of the house of Representatives Ad-hoc Committee on the Acquisition of OVH Energy by the NNPCL.


This he said was as a result of acquisition of the company OVH energy, which has also resulted in the corporation controlling 30 percent of the downstream sector.


According to him, the corporation has been operating at a loss for a long time. 


"We were struggling to reach fifteen percent of market share in the past, but with this acquisition, we are now hitting up to thirty percent in less than a year.


"This is the dramatic that has happened to the NNPCL as a result of this acquisition and nothing wrong was done in the process as due process was followed. 


The chairman of the committee Mr Hassan Nalaraba, stated that the committee would conduct an oversight visit to the OVH facilities to ascertain what is on ground.


The Speaker Dr Tajudeen Abbas, represented by the house leader Professor Julius Ihonbvere, said the tenth house would work with other arms of government to reposition the energy sector.


According to the Speaker, the Investigative hearing is not a conflict,  but shared understand and exchange of ideas and mutual respect, saying there is nothing the NNPCL will do that would not attract public interest.

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