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Dumo Lulu-Briggs’ Giant Leaps
Dumo Lulu-Briggs, a name synonymous with ambition and perseverance, is experiencing a remarkable transformation in his fortune. Although his political journey has had its challenges, his strides in the business sector, particularly in the oil and gas industry, are nothing short of extraordinary.
Lulu-Briggs began his political career as the Social Democratic Party (SDP) candidate for the House of Representatives, Akuku-Toru Federal Constituency, in 1992. His political pursuits saw him take on roles such as the National Assistant Legal Adviser for the Grassroots Democratic Party from 1996 to 1998. More recently, he was the Rivers State All Progressives Congress (APC) governorship aspirant in 2018 before switching to the Accord Party, where he ran as the 2023 governorship candidate for Rivers State. Despite these efforts, political success eluded him.
In stark contrast to his political endeavours, Lulu-Briggs’ business acumen has shone brightly. As the driving force behind Platform Petroleum, a leading indigenous oil and gas firm in Nigeria, he is currently spearheading an ambitious plan to significantly boost Nigeria’s oil output. With a vision to invest up to $1 billion, Lulu-Briggs aims to produce 10,000 barrels of oil and 50 billion cubic feet of gas daily by 2025. This strategy involves bringing three marginal fields online within the next year, demonstrating his commitment to transforming Nigeria’s energy landscape.
With Lulu-Briggs, Platform Petroleum’s success story has always been rooted in strategic partnerships and innovative financial strategies. Under his leadership, the company’s production has grown from 2,000 barrels of oil per day (bpd) to over 3,000 bpd, with cumulative outputs surpassing 12.3 million barrels and 118 billion standard cubic feet (scf) of gas.
Looking ahead, Lulu-Briggs is steering Platform Petroleum towards even greater heights. With the targeted 10,000 barrels of oil and 50 billion cubic feet of gas per day by 2025, Lulu-Briggs’ unwavering dedication to enhancing Nigeria’s oil production capacity and his broader vision for the country’s energy sector is clear for all to see. Thus, as he continues to make giant leaps in the oil and gas industry, Lulu-Briggs is not only enhancing his fortune but also contributing significantly to Nigeria’s economic growth and development.