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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OANDO SECURES LEASE FOR GUARACARA REFINERY IN TRINIDAD. (PHOTO).

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 Oando Secures Lease for Guaracara Refinery in Trinidad


Oando Plc has emerged as the preferred bidder for leasing the Guaracara Refinery in Trinidad and Tobago, outcompeting CRO Consortium and INCA Energy.


Trinidad’s Minister of Energy, Stuart Young, attributed the decision to Oando’s strong financial track record, citing its $1.5 billion acquisition of ConocoPhillips’ assets in Nigeria in 2014.


Young highlighted the financial struggles of Petrotrin, the country’s energy firm, which faced escalating losses from $361.5 million in 2014 to $1.2 billion in 2016, alongside a decline in oil production.


The Cabinet-approved Evaluation Committee, comprising industry experts, shortlisted three companies before selecting Oando Trading DMCC as the preferred bidder.


The government reaffirmed its commitment to protecting Paria Fuel Trading Company’s assets, ensuring fuel supply stability and securing resources during the refinery’s restart.


In January, Oando also secured operatorship of Block KON 13 in Angola, a resource-rich area, further expanding its global energy portfolio.

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