Skip to main content

Fed Govt Slightly Reverse The Price of PMS

Queue at the filing station  The President,  Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr  Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...

Egbin Leads At The 5th Saharalympics Games


By Favour & Akinola Ajibade


Egbin Power Plant has emerged champions at the fifth edition of Saharalympics Games, organised by the Sahara Group, an energy conglomerate with special interest in generation, distribution and allied areas.

The firm, in a statement made available to the News Mirror recently, said Egbin for the second clinched the highest gold medals in many sporting activities at the event.

It said that the games were keenly contested by five entities namely Asharami Energy, Ikeja Electric, Egbin Power, Asharami Synergy and Sahara Group Limited.

Speaking at the finals held at the University of Lagos Sports Complex, the Chief Executive Officer, Egbin Power, Mokhtar Bounour, said  team work, dedication and consistency, combined together gave Egbin the much needed victory.

Bounour said" Our emergence as Champions in this 5th edition of Saharalympic has shown that Egbin is on top of its performances in  job and sport. 

Adding that: “This victory is dedicated to the management and entire staff of Egbin Power. It is a reflection of our quality preparation for the games, coupled with the fact that our work-life balance culture is at its best. We commend all the staff who contested in the games, courageously representing Egbin Power at the Saharalympics and eventually making the company proud,” 

He further applauded the participants who represented other entities, noting that they displayed the spirit of sportsmanship as they gave their best to make the 5th Edition very colourful.

At the finals, Egbin Power consolidated its victory by winning the 100 meters female and male, 200 meters male, and Ping Pong race. The GenCo clinched a total of 11 Gold, 7 Silver and 4 bronze medals.

Also, the Managing Director, Sahara Power Group, Dr. Anthony Youdeowei, said: The Saharalympics has become the symbol of Sahara’s commitment to fun in efficiency, a uniting platform that celebrates Sahara’s competitiveness, resilience and team spirit.”

The  Head, Corporate Communications, Sahara GroupBethel Obioma said: “The Saharalympics personifies our collective passion for success and the spirit of unity within the Sahara Group. It is a platform that nurtures our competitive spirit, enhances camaraderie, and strengthens the bonds that fuel our passion for being MAD, that is, making a difference."

Saharalympics is the biennial games organized for Sahara Group’s employees working in the various entities located across Africa, Asia Europe, and the Middle East. Games featured in the 5th edition of the tournament included football (male and female), volleyball, basketball, lawn table tennis, table tennis, Chess, Scrabble, Draft, Ayo including track and field.









Comments

Popular posts from this blog

HAPPY 70 TO ELDER ADE ADEDAMOLA OGIDAN

PLATINUM BIRTHDAY ANNIVERSARY OF ELDER ADE ADEDAMOLA OGIDAN, A FOREMOST JOURNALIST & EDITOR By Favour Ifeoluwa & Akinola Ajibade Like a new born child, beaming with smiles for coming out of his mother's womb in order to live a fulfiled life, the celebrator,Ade Ogidan fits perfectly well into this category. Simply known as AAO, a shorten form of Ade Adedamola Ogidan, the thorough based journalist is without doubt, a  well grounded newsman.. With Bachelor of Science ( BSC) Degree in   Sociology and Anthropology( 1976 ) from University of Nigeria, Nsukka,  Ogidan has cut his teeth well in Journalism. Prior to this, he  taught in Osogbo Grammar School and worked at the Nigerian Communication respectively  after his youth service, a development, which no doubt prepared  him well for journalism profession and other future engagements. Pragmatic, resilient and outspoken, where it matters, Ogidan ensured  that his tenure as the first C...

Oil Block: Why Fed Govt Prioritises Production Bonus To Attract Local & Foreign Investors

Oil Blocks: Why FG Prioritizes Production Bonus to Attract Local and Foreign Investors By Ibrahim Musa The Federal Government has emphasized production bonus, which refers to the payment by an operator to a host country upon achievement of oil and gas production, as a strategy for attracting investors to bid for Nigeria’s oil blocks. Previously, the government relied on a high signature bonus, which refers to a single, non-recoverable lump sum payment made upfront by oil companies for their rights to develop oil blocks, as an option for maximizing revenue generation, thus discouraging investors with limited resources from bidding. Currently, the Nigerian Upstream Petroleum Regulatory Commission, NUPRC which regulates activities in the nation’s oil and gas industry, has removed all entry barriers to attract massive investments. This strategy aims at growing oil and gas production, enhancing Nigerian Content Development, attracting Foreign Direct Investment, contributing to l...

Axella Plans To Deepen Gas Utilisation in Nigeria

Axella' s Director of Business Development, Mr Franklin Imole By Favour  Ifeoluwa & Akinola Ajibade Axella's Gas Processing Plant announces Final Investment Decision ( FID) to develop a 50 MMASCF/D Gas Processing Plant, with h a view to deepen utilisation of gas  in the country. The firm, which is situated  in 0ML 56 in Delta State,  said that its making strategic investment in order to ensure that gas is available for industrial use in Nigeria. Situated in  Delta State, Southern Nigeria and billed to commence operation by the end of 2024, the facility, Axella' said, boasts of 12 MMSCF  Modular Plant with an interconnection pipeline network of about 4kilometres alongside other ancillary infrastructure. The facility, the company added, is expected to commence operation by the end of this year. Speaking on the plant ,  Axella's  Director of Business Development, Franklin Imole said: " As the Federal Government continues to pursue its...