Dangote: NNPC Can Become Africa’s Saudi Aramco with Right Decisions Says firm must strike balance between local content, efficiency Africa’s richest man, Elumelu hail NNPC’s performance under Kyari UBA chair discloses production in his facility now 96% NOC to deliver value for Nigerians in three years, Kyari pledges Emmanuel Addeh in Abuja Africa’s richest man and President of the Dangote Group, Alhaji Aliko Dangote, yesterday said the Nige-
rian National Petroleum Company Limited (NNPC) has what it takes to become the African version of Saudi Arabia’s Aramco in the near future. Dangote who spoke at the ongoing
2023 Upstream Investment Management Services Ltd (NUIMS) Annual Value Assurance Review (AVAR) Workshop, stressed that the oil giant could generate billions of dollars
in revenue if the right decisions were made. The year's theme was: 'Consolidating for Growth in PIA Era.' The event was attended by the Group Chief Executive Officer of the
NNPC Mele Kyari; the Executive Vice President (Upstream), NNPC Adokiye Tombomieye; the Chief Upstream Investment Officer, NUIMS, Bala Wunti; the Chairman, Heirs
Holding, Tony Elumelu and other top investors in the Nigerian economy. Dangote recalled that the PIA has Continued on page 14
Tinubu Departs Nigeria for Europe on Working Visit... Page 35 Thursday 11 May, 2023 Vol 28. No 10256. Price: N250
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Respite as Court Bars NBC from Imposing Fines on Broadcast Stations
Nullifies 2019 N.5m fines on 45 stations
Alex Enumah in Abuja
L-R: President of Dangote Group, Alhaji Aliko Dangote; Chairman, Heirs Holdings Ltd, Mr. Tony Elumelu; and Chief Upstream Investment Officer, NNPC Upstream Investment Management Services (NUIMS), Mr Bala Wunti during the Annual Value Assurance Review organised by NUIMS in Lagos…yesterday
Respite may have come the way of Continued on page 14
Akeredolu: APC’s Zoning of NASS Leadership Skewed, Unjust, Targeted against Some Zones, Individuals Aspirants threaten 2015 scenario may come into play We’re betrayed, zoning formula won't stand, Wase insists Attempt to foist leadership will be resisted, northern group warns We're making effort to pacify aggrieved contestants, Abass hints Adedayo Akinwale, Sunday Aborisade, Udora Orizu, Juliet Akoje in Abuja and Fidelis David in Akure There is no end in sight to the crisis rocking the ruling All Progressives Congress (APC) over the leadership of the 10th National Assembly, as some key stakeholders have been simmering with resentment since
the party announced its nominations for principal positions in the federal legislature three days ago. Chairman, South West Governors’ Forum and Ondo State governor, Oluwarotimi Akeredolu, yesterday, rejected the proposed zoning formula, saying it is brazenly skewed, unjust, Continued on page 14
SPECIAL RECOGNITION AWARD... Founder, Gibraltar Construction Nigeria Ltd., Sir Olu Okeowo (left), with President Nigerian Institution of Estate Surveyors and Valuers (NIESV), ESV Johnbull Osaruwen Amayaevbo, when Okeowo received a Special Recogntion Award of the Institution for his distinguished services and professionalism ... yesterday.