Tag: NNPC.
Senator alleges N500b missing in SURE-P fund
A member of the Nigerian Senate Ad hoc Committee on the Subsidy Re-investment Empowerment Programme (SURE-P), Senator Kabiru Marafa has…
Budget Implementation And Monitoring: The Lagos Example
By Tayo Ogunbiyi The common accounting tool governments, companies, organisations and several other institutions across the world use for planning…
N2.3t debt: Nigerian Governors puncture NNPC denial
EROMOSELE EBHOMELE Nigeria’s Progressive Governors Forum, PGF, has come down hard on the Nigerian National Petroleum Corporation for denying claims…
NNPC denies owing Nigeria N2.3 trillion
The management of Nigeria’s NNPC on Sunday refuted a statement credited to Governor Adams Oshiomhole of Edo state that the…
Chevron set to offload 3 oil blocks in Nigeria
(Reuters) – U.S.-based Chevron Corp will receive bids on 30 September from prospective buyers of three oil blocks in Nigeria’s…
400k barrels restored to Nigeria’s crude oil production
Nigerian National Petroleum Corporation, NNPC on Sunday said a daily production of 400,000 barrels per day had been restored to…
Oil Pollution: Fashola Orders OPD To Sue Civil Defence
Governor Babatunde Fashola of Lagos State has ordered the Office of the Public Defender, OPD, to take legal action against…
A Replay Of Yar’Adua Saga
With yesterday’s arrival of ailing Governor Danbaba Suntai of Taraba State in the country after 10 months of medical treatment…
Cops Among Oil Thieves In Ogun
The 35 Artillery Brigade of the Nigerian Army, Alamala, Abeokuta, Ogun State made a major breakthrough today in arresting 28…
Nigeria’s Looming Crisis
Nigeria faces dire financial straits from developments in local and international oil markets After few days of bickering, the federal…
NUPENG Suspends Strike
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) late Tuesday night called off its three-day warning strike which…
It’s An Oil Pipeline Explosion, Says PPMC
The Pipeline Products and Marketing Company (PPMC), a subsidiary of the NNPC on Wednesday confirmed another fire caused by pipeline…
IMF’s Insistence On Subsidy Removal And Naira Devaluation
By Lajuwon Lasisi The mentality of the IMF experts on Nigerian economy is always to deflate the already devaluated Nigerian…
My Level Has Changed
Ace comic actor, Hafiz Oyetoro spoke with GBENRO ADESINA about the challenges he faced before his breakthrough How far have…
NNPC denies setting up pipeline security agency
Both the Nigerian National Petroleum Corporation (NNPC) and Pipeline and Products Marketing Company (PPMC) have said there is no plan…
Stop Oil Theft Now!
The rising incidence of oil theft, pipeline vandalism and other economic sabotage undermining oil production in the Niger Delta betray…
Kerosene Scarcity: Marketer Blames NNPC
An independent petroleum marketer has blamed the current kerosene scarcity in the country on the Nigerian National Petroleum Corporation (NNPC)…
Epic Oil Theft
Activities of big time oil theft syndicates, abetted by powerful political figures, tonnes of cash and military-style weapons, threaten to…
PPMC Redirects Pipelines From Reach Of Vandals
The Pipelines and Product Marketing Company (PPMC) says it has engaged the services of an engineering firm, ENIKKOM, to redirect…
Okada Robbers Kill Mother Of 5
A 42-year old mother of five and a divorcee, Mrs Rashedatu Adebowale, has been shot dead by a 3-man robbery…
Concerns over rot In Nigeria’s oil sector ahead of confab
Major oil industry executives will gather in Abuja, Nigeria’s capital for an annual conference on 18 February. The conference will…
NNPC holds Nigeria to ransom
Nigeria’s state oil firm owes the government $8.3 billion for the period from 2009 through 2011, an audit report said…
Arepo Pipeline Vandalism: Need For Better Security
On Wednesday, 23 January, the Nigerian National Petroleum Corporation’s strategic System 2B pipeline located at Arepo, Ogun State, exploded again…
Arepo Pipeline On Fire Again, 2 Indians, Others Arrested
By Emmanuel Osodi Barely two weeks after suspected vandals’ activities led to an explosion at the Nigeria National Petroleum Corporation,…
Furore Over Heritage’s Oil Bloc
Criticisms trail sale of strategic OML 30 oil bloc by Royal Dutch Shell to Heritage Oil, majorly owned by Tony…
NNPC: Nigeria’s Shrine Of Corruption
The nation has been inundated lately with the news that the Nigerian National Petroleum Corporation, NNPC, to borrow $1.5 billion…
Nigerian Reps Summon NNPC Boss, Suspend $1.5b Loan
DESMOND UTOMWEN/Abuja The House of Representatives has ordered the Nigerian National Petroleum Corporation (NNPC) to stop further action on the…
NNPC: Fuel price remains N97 in Nigeria
Nigeria’s Federal Government will not increase the pump price of petrol in January, the Acting Group General Manager, Public Affairs…
NNPC earmarks N152b for refinery repairs
Repair works on Nigeria’s three refineries in Port Harcourt and Warri would gulp N152billion in 2013. The Punch reports that…
NEMA Builds Bridge To Pipeline Fire Site
The National Emergency Management Agency (NEMA), has commenced building a foot bridge in order to have access to the site…