Tag: NNPC.
‘Boko Haram Can Only Be Defeated If Corruption Ends’
An Italian nun who has been living in Southern Nigeria for the past 18 years has declared that Boko Haram…
NDLEA Arrests 279 Drug Suspects
Maduabuchi Nmeribeh/Kano At least 279 drug suspects have been arrested by National Drug Law Enforcement Agency, NDLEA, in Kano, northwest…
A Testament Of Courage
One of the most inspiring quotes of the great African-American writer, Maya Angelou, who died a few weeks ago, goes…
India largest importer of Nigeria’s crude oil
The Nigerian National Petroleum Corporation (NNPC) on Thursday said India had replaced the United States as the largest importer of…
Okonjo-Iweala’s Indictment Of Governors
Last week, the Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala stunningly indicted the state and…
Clark Asks FG To Revoke Tompolo, Dokubo’s Contracts
Ayorinde Oluokun/Abuja A prominent Ijaw leader, Chief Edwin Clark on Tuesday asked the Federal Government to revoke the multi-billion naira…
Senate yet to conclude probe of missing NNPC billions – Saraki
Senator Bukola Saraki, a member of the Senate Committee on Finance on Wednesday described as misleading, reports indicating that the…
Senate committee says $49.8bn oil funds not missing
The Senate Joint Committee on Finance has said that contrary to claims by suspended CBN Governor, Sanusi Lamido Sanusi, there…
NNPC, CBN pay salaries that enable workers compete with multinationals – Egbule
Salaries paid to workers in NNPC and CBN are to enable them to compete with their multinational counterparts. Chairman, National…
Jonathan And Celebration Of Corruption
The seventh Media Chat President Goodluck Jonathan had with journalists last Sunday finally confirmed the doubts Nigerians have nursed about…
NNPC committed to economic growth through gas value chain – GMD
The Group Managing Director (GMD) of NNPC, Andrew Yakubu, on Thursday 24 April, said the corporation was committed to the…
NNPC denies rift between Yakubu and Alison-Madueke
The Nigerian National Petroleum Corporation (NNPC) has said that there is no rift between the Minister of Petroleum Resources, Mrs…
How Rebasing Can Translate To Development
Dr Ayo Teriba, Managing Director of Economic Associates and one of the experts who knew how the figures came about,…
House of Reps approves $1bn loan for NNPC
The House of Representatives, has approved the 1.56 billion dollars loan facility proposed by the Nigerian National Petroleum Corporation (NNPC).…
Intoxication Of Power
By Akin Owolabi Much heed has been taken of Lord Acton’s assertion of 1887 that: power tends to corrupt and…
4 Boko Haram suicide bombers killed in failed attack
Four would-be suicide bombers planning to blow up a petrol station in Maiduguri, Borno state have been killed by soldiers…
NNPC wins 10-year old case in UK court
Ayorinde Oluokun/Abuja A United Kingdom Commercial Court had ruled in favour of the Nigerian National Petroleum Corporation (NNPC) in a…
Headlines, Interview, News, Politics
Jonathan’s Approval Rating Poor, says Fashola
Governor Babatunde Raji Fashola of Lagos State granted TheNEWS editors an exclusive interview. He seized the opportunity to speak on…
As States Face Bleak Economic Future
On 3 March, Governor Babatunde Fashola stormed the Lagos State House of Assembly with a new set of challenges of governance.…
NNPC gets 5 new group executive directors
President Goodluck Ebele Jonathan has approved the appointment of five new group executive directors for the Nigerian National Petroleum Corporation.…
A Contrived Fuel Scarcity
Following the hardship Nigerians are subjected to daily, the prevailing fuel scarcity across the country demands that a serious and…
NNPC supplies 956mn litres of petrol
The Nigerian National Petroleum Corporation, (NNPC) said it has pumped additional 956. 6 million litres of Premium Motor Spirit(PMS) petrol,…
NEITI denies loss of $8bn in crude oil swap
The Nigerian Extractive Industry Transparency International (NEITI) on Wednesday denied a report credited to it over the nation’s alleged loss…
Bomb scare at NNPC headquarters
Ayorinde Oluokun/Abuja Heightened security measures around the four towers of Nigeria National Petroleum Corporation headquarters located in the Central Business…
30 Petrol Stations Shut Over Illegal Hike In Fuel Price
The Department of Petroleum Resources (DRP) has shut 30 filling stations in Anambra, Ebonyi and Enugu states for selling petroleum…
NLC vows to resist hike in petrol price
Ayorinde Oluokun/Abuja Nigeria Labour Congress has warned the government against contemplating any increase in the price of petroleum products. In…
NNPC pumps 209 mn litres of fuel to reduce shortages
The Nigerian National Petroleum Corporation (NNPC), said about 209 million litres of Premium Motor Spirit (PMS) or petrol had been…
The Return Of Fuel Scarcity
By Tayo Ogunbiyi Without doubt, the availability of petroleum, a major by-product of crude oil, is crucial to the continuous…
Fuel Scarcity: NNPC opens reserve
Nigeria said on Tuesday it had released fuel from its reserves to ease a crippling shortage that has caused long…
Lagosians, Ogun Residents Groan As Fuel Scarcity Worsens
Eromosele Ebhomele It has been hell for residents of Lagos and Ogun, two of Nigeria’s western states, since last week…