ADVERTISEMENT
The Sun Nigeria
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Ley Your Dreams Come Alive – With FCMB Loans
Home National

Business magnate, Julius Rone hits a milestone

13th February 2021
in National
0
Business magnate, Julius Rone hits a milestone
0
SHARES
1.1k
VIEWS
Share on FacebookShare on Twitter

It is perfect to say that billionaire businessman and Group Managing Director of UTM Group, Julius Rone, is on the roll. Unarguably, life has been so good to this dandy entrepreneur —influential, wealthy, charming wife and adorable kids. Rone’s entire life is akin to a fairy-tale. In life, family, and business, the 47-year-old Rone has been doing incredibly well. He has grown to have a Midas touch in every business he ventured into: starting from the bottom, to the height he is at present.
He is doing incredibly well with his flagship company, UTM Offshore Limited incorporated in July 2012 as a privately held Nigerian conglomerate actively engaged in diverse sectors of the Nigerian and International oil and gas and maritime markets including the Direct Sales and Direct Purchase (DSDP) of the Nigerian crude oil. For some time now, the grapevine has been busy with rumours that his UTM Group is on the verge of breaking new grounds. And indeed, they aren’t overtly wrong. On Monday, Rone quietly made history as Nigeria’s Department of Petroleum Resources (DPR) issued his company the Licence to Establish (LTE) the first floating Liquefied Natural Gas (LNG) production plant in the country.
The licence, personally presented to Rone at the DPR headquarters in Abuja by the CEO of DPR, Engr. Sarki Auwalu, will see his UTM Offshore recording a milestone of processing 176MMcfd of natural gas and condensate within the 24-month validity period of the LTE from the date of issue. To those in the knowing, this Delta State-born Rone has not allowed fame and fortune to detach him from humanity. As a good family man, he is married to Utibe, a fashion icon and Microbiology graduate of the University of Port Harcourt.

Cyril

Cyril

Related Posts

17,727 victims of trafficking rescued, rehabilitated in 19 years —NAPTIP
National

NAPTIP declares ‘war’ on operators of unlicensed rehabilitation homes

27th June 2022
Allegations of misappropriations of funds in NEDC mischievous – Northern group
National

Gombe elders, youths commend NEDC’s giant strides in North East sub-region

27th June 2022
Dickson
National

Dickson defends Ekweremadu over organ harvesting allegation

27th June 2022
Next Post
Breaking: Buhari confirms Adamu as substantive IGP

NBA sues Buhari, others over IGP’s tenure extension

Update: Enugu govt pays N30,000 Minimum Wage February 

Ugwuanyi swears in 2 ENSIEC members

Buhari approves posting of ambassadors

Buhari approves formation of PPP company to fix infrastructure deficit

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

Uzodinma’s Political Adviser quits

Cross River: Fmr PDP national deputy auditor ward chairman for libel, claims N200m as damages

Ohaneze hails FG over appointment of new Oko Poly Registrar

Bring up children to shun kidnapping, armed robbery, prostitution, other social evils, Archbishop Ibezim tells women

CISLAC says unattended corruption in defence procurement worrisome

BREAKING: Buhari to swear-in Ariwoola as new CJN

Trending

17,727 victims of trafficking rescued, rehabilitated in 19 years —NAPTIP
National

NAPTIP declares ‘war’ on operators of unlicensed rehabilitation homes

27th June 2022
0

From Fred Ezeh, Abuja National Agency for the Prohibition of Trafficking in Persons (NAPTIP) said it will...

Allegations of misappropriations of funds in NEDC mischievous – Northern group

Gombe elders, youths commend NEDC’s giant strides in North East sub-region

27th June 2022
Dickson

Dickson defends Ekweremadu over organ harvesting allegation

27th June 2022
Civil service is dead in Imo – Ex-Perm Sec

Uzodinma’s Political Adviser quits

27th June 2022
Cross River: Fmr PDP national deputy auditor ward chairman for libel, claims N200m as damages

Cross River: Fmr PDP national deputy auditor ward chairman for libel, claims N200m as damages

27th June 2022
ADVERTISEMENT

Follow us on social media:

Latest News

  • NAPTIP declares ‘war’ on operators of unlicensed rehabilitation homes
  • Gombe elders, youths commend NEDC’s giant strides in North East sub-region
  • Dickson defends Ekweremadu over organ harvesting allegation
  • Uzodinma’s Political Adviser quits
  • Cross River: Fmr PDP national deputy auditor ward chairman for libel, claims N200m as damages
  • Ohaneze hails FG over appointment of new Oko Poly Registrar
  • Bring up children to shun kidnapping, armed robbery, prostitution, other social evils, Archbishop Ibezim tells women
  • CISLAC says unattended corruption in defence procurement worrisome
  • BREAKING: Buhari to swear-in Ariwoola as new CJN
  • Hajj 2022: Bagudu bids 430 pilgrims farewell, urges them to pray for Nigeria
  • We must use culture to tackle insecurity, corruption – DG Ahmadu Bello Foundation
  • Mafita commends Bauchi Gov for declaring public holiday for PVC registration
  • Hajj 2022: Malami, Kebbi Amiru Hajj flag-off 1st flight, urge pilgrims to be law abiding
  • One dies, 10 injured on Abeokuta-Sagamu expressway auto crash
  • Catholic communicators raise alarm over incessant killing of priests
  • BREAKING: CJN , Tanko Mohammed resigns
  • S/African president mourns 22 teenagers who died in tavern
  • Don’t be dragged into war, Zelensky appeals to Belarus:
  • Hajj 2022: NAHCON review activities with caterers, tour operators
  • Nigerian civil servants are exceptional, productive, says Yemi-Esan

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • Home
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.

Posting....