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NNPC destroys 134 Illegal Refineries Recently

A destroyed refinery  By Favour Ifeoluwa & Akinola Ajibade  The Nigerian National Petroleum Company Limited( NNPCL) says it has destroyed 134 illegal refineries in the last few weeks.  Also, the company said  63 illegal pipeline connections were uncovered during the the weeks .  The corporation, In a visual report, stated that at about 2 am on Sunday, a joint team of security agents discovered a large wooden boat illicitly loading stolen crude oil from Barge AGS01 within the OML 18 operating area, noted intelligence report a large wooden wooden boat was caught receiving crude oil from the barge.  According to the state-owned oil firm, while the barge was towed away with a tugboat in custody, five speedboats used in towing the large wooden boat to the illegal loading site were also detained and the particulars of the tugboats and barge used for the operation were reportedly seized for further investigation.  It further said that two large boats, which involve
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Musk may buy Twitter at $43b soon. By Akinola Ajibade


Musk may  buy Twitter at  $43b  soon 

By Akinola Ajibade 

World richest man, Elon Musk, is about to become the owner of Twitter,  a global social media outfit, which the Nigerian government banned  its usage in the country for a while.

Musk, who doubles as the Chief Executive Officer,  Tesla motors, is believed to be on the verge of buying Twitter. 

His representative, according to a microblogging site is in talks with Twitter to seal the deal  in order to seal the deal soon. Musk is a globally acclaimed  microbiologist.

News Mirror reports  quoting New York Times that the 11-member board of Twitter  was negotiating with Musk yesterday ( Monday) in order to buy the company, valued at $46.5 billion days ago. 

It was reported that Elon Musk and Twitter were discussing details including a timeline to lose any potential deal and any fees that would be paid if an agreement were signed and then fell apart .

Elon Musk and Twitter logo

As of Monday, there was no agreement between both parties.

It happened days after Twitter moved to defend itself against Elon Musk $43 billion takeover bid, announcing a plan that would allow stakeholders to purchase additional stock.

Twitter reportedly said in a statement on the 15th of April 2022 that “The Rights Plan will reduce the likelihood that any entity, person or group gains control of Twitter through open market accumulation without paying all shareholders an appropriate control premium,”
Elon Musk bought 9.2 pet cent of the company in early

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