• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, August 28, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Fidelity Bank Supports Temile To Boost Gas Revenues

by BUKOLA ARO-LAMBO
2 years ago
in Business
Fidelity Bank
Share on WhatsAppShare on FacebookShare on XTelegram

In what has been termed a significant milestone in the advancement of Nigeria’s domestic gas industry and the generation of gas revenues, Temile Development Company Ltd – a key indigenous player in the oil and gas industry- recently commissioned a 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier.

Advertisement

Named ‘Alfred Temile 10’, the vessel was part-financed by Nigerian bank – Fidelity Bank Plc and was commissioned at the Hyundai Mipo Dockyard in Ulsan, South Korea.

The commissioning was witnessed by the group chief executive officer of the Nigerian National Petroleum Company Ltd (NNPC), Mallam Mele Kyari; managing director/CEO, Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe; minister of state, Petroleum Resources (Gas), Ekperikpe Luke Ekpo; the Charge D’Affairs Ad Interim of the Embassy of Nigeria in South Korea, Amb. Ferdinand Nwonye; executive secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe; amongst others.

Commending the company on the laudable development, Mele Kyari said, “I want to congratulate Mr. Alfred for the great feat you have achieved on behalf of our country and we understand that today clean energy is everything because the whole world is transitioning to cleaner fuel. In our country, biomass is the major source of energy, and I know that the efforts we are making collectively and with this effort by Temile Group will enhance that ability to produce cleaner energy in our country.”

On her own part, Dr Nneka Onyeali-Ikpe, said, “This commissioning is a landmark achievement for Nigeria as the vessel would further support the nation’s drive to utilise cleaner energy sources especially as the world transitions to environmental-friendly energy options. Fidelity Bank is delighted to facilitate this transaction and we congratulate our amiable customer, Mr. Alfred Temile, as well as the good people of Nigeria on this feat.”

RELATED

GMOs Flood Nigerian Markets, As Federal Govt Urged To Examine Biosafety Guidelines

Introduction Of GMOs Not To Poison Nigerians, Says Official

20 minutes ago
Flight Cancellation: NCAA Launches Complaints Automation Portal

NCAA Launches First SERVICOM Integrated Service Charter

19 hours ago
ADVERTISEMENT

It was noted that this was the second of its kind being part-financed by the Bank and further underscores its support for the industry.

The CEO of Temile Development Company, an elated Mr. Alfred Temile, expressed heartfelt appreciation for the collaboration and strong support received from NNPC Ltd and other stakeholders throughout the project’s journey.

The vessel will bolster the local participation of indigenous maritime players, improve the logistics of LPG supply and increase the availability of LPG for the Nigerian last-mile users. This will contribute to the growth of Nigeria’s domestic gas industry while demonstrating the dedication and increasing capabilities of indigenous Nigerian companies in the oil and gas sector.

ADVERTISEMENT

Recall that Fidelity Bank Plc also part-financed the development of the recently launched Pinnacle Oil and Gas Terminal in Lagos as part of efforts to improve energy security in the country.

 


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


SendShare10185Tweet6366Share
ADVERTISEMENT
Previous Post

First Class Craze As ABU Zaria Joins The Race

Next Post

Athletics Coach Urges Minister To Intervene In AFN Brouhaha

BUKOLA ARO-LAMBO

BUKOLA ARO-LAMBO

You May Like

GMOs Flood Nigerian Markets, As Federal Govt Urged To Examine Biosafety Guidelines
Agriculture

Introduction Of GMOs Not To Poison Nigerians, Says Official

2025/08/28
Flight Cancellation: NCAA Launches Complaints Automation Portal
Business

NCAA Launches First SERVICOM Integrated Service Charter

2025/08/27
Equities Market Extends Rebound With N204bn Gain
Business

Equities Market Extends Rebound With N204bn Gain

2025/08/27
State Of Emergency In Rivers: Way Forward
Business

Tinubu Bans Raw Shea Export For Six Months, Eyes $300m Revenue Boost

2025/08/27
Nigeria’s Poor Electricity, Weak Infrastructure Hinder Growth But Present Investment Opportunities – Awele Elumelu
Business

Nigeria’s Poor Electricity, Weak Infrastructure Hinder Growth But Present Investment Opportunities – Awele Elumelu

2025/08/27
Renaissance Energy Africa Reaffirms Commitment To Safety Operations
Business

Renaissance Energy Africa Reaffirms Commitment To Safety Operations

2025/08/27
Leadership Conference advertisement

LATEST

Rector Advocates Integration Of Islamic, Secular Education

UN, NDDC Collaborate On Sustainable Development Goals

We’re Committed To Tackling Climate Change Challenges – AbdulRazaq

Groups Demand Release Of ‘Abducted’ Palestinian Leaders

Ranching As A Solution To Farmers/Herders Clashes

Introduction Of GMOs Not To Poison Nigerians, Says Official

Drug Abuse: Uyo Residents Under Attacks By Mentally-deranged Youths

Mother, 3 Children Die In Zaria Building Collapse

Gov Yusuf Raises Committee To Investigate Abattoir Sale By Ganduje

Federal Gov’t, ASUU Meet Today To Avert Strike

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.