Business
NNPC Continues Search for Bodies After Port Harcourt Helicopter Crash
The Nigerian National Petroleum Corporation (NNPC) has provided an update on the ongoing search efforts following Thursday’s tragic helicopter crash in Port Harcourt.
The crash, involving a helicopter operated by East Winds Aviation, left three people confirmed dead, with their bodies recovered from the damage.
However, NNPC confirmed that despite thorough search and rescue operations, no additional bodies have been found so far.
In a statement shared on their X account, Olufemi Soneye, NNPC’s Chief Corporate Communications Officer, expressed deep sympathy for the families affected by this incident.
He assured the public that the search for any remaining passengers continues, with NNPC actively collaborating with rescue teams and relevant authorities.
The crash has shaken Port Harcourt and raised questions about air safety, particularly in helicopter services within the oil-rich Niger Delta region.
East Winds Aviation, the operator of the flight, provides essential air transportation for companies operating in remote and challenging environments, often transporting personnel and goods to onshore and offshore oil facilities.
As search teams continue their work, the families of those still missing wait anxiously for answers.
NNPC has reassured them of its unrelenting efforts to locate their loved ones and bring closure to this sorrowful chapter.
The company has requested the public’s thoughts and prayers, emphasizing that in such moments, community solidarity and support mean more than ever.
Business
Dangote Refinery Cuts Petrol Price from N970 to N899.50 for the Festive Season
Dangote Refinery has announced a fresh reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol.
The company, which is one of Nigeria’s leading oil producers, announced in a statement shared by its spokesperson, Anthony Chiejina, on its official X account on Thursday.
Effective immediately, Dangote Refinery has lowered the ex-depot price of petrol to N899.50 per litre, down from the previous rate of N970.
In his statement, Chiejina mentioned the company’s commitment to helping alleviate the financial burden on consumers during the holidays.
“We have now announced a new price of N899.50 per litre.
This reduction is designed to ease transport costs during the festive period,” he said.
“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS.
From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM.”
In addition to the price reduction, Dangote Refinery has introduced a new incentive to make fuel more accessible for consumers.
Chiejina explained that for every litre of petrol purchased on a cash basis, buyers will have the opportunity to acquire an additional litre on credit.
This offer is backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank, providing customers with more flexible payment options.
Business
Price of Beans in Nigeria Drops to ₦100K-₦120K, Traders Show Excitement
Price of beans drops and news excites traders and consumers. Residents as well express joy with price drop amid the upcoming Christmas holiday. According to a report, the price of beans has sustained a slight drop as 100kg bag of beans is sold for 150k Naira to 140k.
The price of a bag has now dropped to 100k to 120k, depending on the type of beans. It was reported that the price of beans has been dropping for the past two weeks unlike the past months.
Business
Nigeria Reclaims Top Spot as Africa’s Leading Oil Producer in 2024
Nigeria’s Oil Production increased in November 2024 and has reached 1.69 Million per day going 10% increase compared to that of October production.
This now secures Nigeria’s oil production as the top in the Africa Oil Production.
The crude oil production rose with 11.42% but the condensation production reduced. Despite the great progress of the production, Nigeria’s oil production still has not reached their 2024 goal of 1.78mbpd.
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