Tag: oil companies
Rivers govt speaks on ‘shutdown’ of oil companies by Fubara
trending online report had indicated that Fubara shut down the operations of the oil companies in retaliation for court judgment…
Senate orders oil companies relocate to host communities
The Senate reached the resolution after it considered a motion on the “Urgent need to encourage all Multinational and Nigerian…
How oil companies evade taxes, royalties in Nigeria
Mr Okoi Obono-Obla, Chairman, Special Presidential Investigation Panel for the Recovery of Public Property says oil companies contribute to the…
Oil-rich Community Seeks Compensation
Land owners in petroleum exploration area of Alkaleri Local Government of Bauchi State have called on oil companies engaged in…
How to end Niger Delta crisis – SERAP
Socio-Economic Rights and Accountability Project (SERAP) has urged the Federal Government to “stand up to powerful oil companies that have…
Buhari assures oil companies of protection in Niger Delta
President Muhammadu Buhari on Friday in Abuja assured oil companies operating in the Niger Delta that the Federal Government is…
NNPC, Oil coys, looters owe Nigeria $200bn – Falana
Human rights lawyer and senior advocate of Nigeria, Mr. Femi Falana, has asked the Minister of Finance, Mrs Kemi Adeosun,…
NDDC lauds NASS for forcing oil coys to remit tax
The Niger Delta Development Commission (NDDC) has applauded the National Assembly Joint Committee on NDDC for compelling oil firms operating…
ExxonMobil boss wants to acquire other oil companies
ExxonMobil hopes to take advantage of the oil price crash to acquire other petroleum companies, but will wait for the…
Don’t sack workers, FG begs oil companies
Following alleged plan by major oil companies to lay off 10,000 workers due to the dwindling price of crude in…
Delta traditional rulers to earn 3% royalties from oil coys
Jethro Ibileke/Warri Modalities have been put in place for the disbursement of three per cent oil mining lease (OML 30)…
Oil company managers remanded in prison for over N2bn fraud
Akin Kuponiyi The Economic and Financial Crimes Commission, (EFCC),has arraigned managers of two oil companies David Nwachukwu and Frank Okeke…
NNPC to recover $9.6bn over-deducted tax from oil giants
Nigerian presidency said on Sunday that the Nigerian National Petroleum Cooperation, NNPC has began the process of recovering over $7billion…
ECOWAS court slams Nigeria on Niger Delta neglect
The Community Court of Justice of Economic Community of West African States (ECOWAS) which sat at High court 15, Iyaganku,…
Ribadu C’tee Report Must Be Implemented
Though yet to be officially released, the report of the inquiry by the Nuhu Ribadu-led Petroleum Revenue Special Task Force…
Nigeria lists rogue oil companies
Nigeria’s Federal Ministry of Finance on Friday published the 21 firms being investigated under the fuel subsidy regime. A statement…
Lagos Seeks N12b To Regenerate Apapa CBD
The Lagos State Government says it will need N12 billion to regenerate the Apapa Central Business District, CBD, after several…