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PIA: NUPENG Alleges Marketers Capitalising on Challenges to Rip Off Nigerians

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has alleged that petroleum product marketers are taking advantage of seeming gaps and teething challenges in the implementation of the Petroleum Industry Act (PIA) to enrich themselves at the expense of the country and the people. The union in a statement, yesterday, by its President and General Secretary, Williams Akporeha ...

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Oando Appoints Adeola Ogunsemi as New CFO

Oando has appointed Adeola Ogunsemi, Chief Financial Officer, Oando to become the newest member of its board following the resignation of Olufemi Adeyemo who was close to retirement having served the company for over 16 years. Olufemi joined Oando in October 2005 and with his extensive financial expertise played major roles in the growth and success of the organization. He ...

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Shell Appoints Strategy, Sustainability and Corporate Relations Director

Shell has announced the appointment of Ed Daniels to the newly created role of Strategy, Sustainability and Corporate Relations Director. The appointment is effective from February 15. In his new role, Ed will become a member of Shell’s Executive Committee and will have accountability for the company’s existing Strategy, Sustainability and Corporate Relations organisations. “Now is the right moment to ...

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Buhari urges Senate to Confirm Directors for NMDPRA, NDIC

President Muhammadu Buhari has urged the Senate to confirm five nominees as Executive Directors of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The President’s request was contained in a letter dated 31st January, 2022, and read by the Senate President, Ahmad Lawan, during plenary. The letter reads in part, “In accordance with the provision of section 41(2) of ...

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NLNG Promotes Andy Odeh to GM External Relations and Sustainable Development as Eyono Fatayi-Williams Retires

Nigeria LNG Limited, NLNG, has promoted Andy Odeh as the General Manager External Relations and Sustainable Development following the retirement of Eyono Fatayi-Williams from January 2022. As the GM External Relations and Sustainable Development, Odeh will be responsible for the Brand/Reputation Management and Sustainable Development at NLNG, a major player in the global LNG business. Until his new assignment, Odeh ...

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EKEDC Appoints Oritsedere Otubu As Chairman, Board Of Directors

Eko Electricity Distribution Plc, EKEDC, has announced the appointment of Oritsedere Otubu, a pioneer board member, as its new Chairman. He replaces Charles Momoh who was the pioneer Chair and is stepping down after 8 years in line with international best practices. It is expected that Otubu will consolidate on the gains achieved under Momoh. This announcement was made via ...

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Oando Appoints Clean Energy Expert into Board to Drive Renewable Business

Following its recent foray into clean energy which is now one of its strategic business units (SBUs), Oando Energy Resources, has appointed an environmentalist, Mrs. Nana Mede, into its board of directors. The energy solutions provider announced Mede’s appointment in a statement issued on Sunday, adding that she would bring her expertise to ensuring the company’s clean energy ambitions were ...

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IPMAN BOT Warns Against Proposed Illegal Inauguration of Parallel NEC Members

The Board of Trustees of the Independent Petroleum Marketers Association of Nigeria (IPMAN) had a meeting and warned against a proposed illegal inauguration of parallel National Executive Committee (NEC)on 18th January, 2022 in Abuja. The IPMAN Board of Trustees Secretary, Mr Tunji Adeniji gave the warning on Monday in a statement, against the backdrop of a purported invitation to inaguration ...

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Buhari Demands Transparency and Accountability from New NNPC Board

President Muhammadu Buhari Friday in Abuja urged the Board of the newly incorporated Nigerian National Petroleum Company (NNPC) Limited to ensure strict compliance with Corporate Governance principles that place premium on doing business with the highest ethical standards, integrity, and transparency. Inaugurating the Board chaired by Senator Margery Chuba Okadigbo, the President charged them to focus on profitability and operate ...

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TotalEnergies EP Nigeria Limited Appoints Frederick Asasa as Chief Financial Officer

TotalEnergies EP Nigeria limited has announced the appointment of Mr. Frederick Asasa as Chief Financial Officer and member of the company’s Corporate Executive Committee (EXCOM) with effect from January 1st, 2022. He succeeds Mrs. Tai Oshisanya who will retire from the Company at the end of March, 2022.Mr. Asasa brings to the position over three decades of extensive experience in ...

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