NNPC

TRAGIC!!! Over $20b missing from NNPC since 1999

Human rights lawyer Femi Falana SAN has accused the Nigerian National Petroleum Corporation (NNPC) of failing to remit over $20.2bn since the return...

Minister denies rift between Baru, Kachikwu, says there is no $25b fraud

Minister of Information and Culture, Alhaji Lai Mohammed, says recent media reports of a rift between  Minister of State Petroleum, Dr Ibe Kachikwu...

NNPC: Between Policy and Politics

By Williams Ekanem For Nigeria, the Nigerian National Petroleum Company (NNPC), is a cash cow. It attracts the highest earnings for the country,...

Fuel Distribution: NNPC Moves to Secure Downstream Assets

…As 34 Firms Bid for Security Services As part of efforts to consolidate on the successes recorded in the steady supply and distribution...

End game for Kachikwu as tanker drivers, oil marketers threaten Shutdown if he fails to resign

[dropcap]A[/dropcap] ground swell of disapproval among key stakeholders in the oil and gas industry and some  members of the Federal Executive Council FEC...

NNPC bounces back from contract setback through aggressive gas development

[dropcap]T[/dropcap]he Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Kacalla Baru, is bouncing back more quickly than expected after...

NNPC Stocks 2billion Litres of Petrol for Hitch-Free Year-end Movements of Motorists

The Nigerian National Petroleum Corporation (NNPC) has a stock of over two billion litres of Premium Motor Spirit (PMS), also known as petrol,...

Zero Fuel Scarcity: Baru Gets Thumbs-Up From Road Transport Owners,Tanker Drivers

[dropcap]T[/dropcap]he Nigerian Association of Road Transport Owners, NARTO, and the Petroleum Tankers Drivers branch of the National Union of Petroleum and Natural Gas...

Presidency dismisses ‘false’ reports about $25 NNPC oil contracts

The presidency has insisted that reports about $25 billion worth of oil contract allegedly awarded by the NNPC  or missing $25 billion are both...

Tam David-West : Kachikwu is a minister without portfolio

[dropcap]F[/dropcap]ormer minister of Petroleum Prof Tam David -West has said that Minister of State for Petroleum Resources, Ibe Kachikwu, is a minister without portfolio....

NNPC to Reinvigorate Exploratory Activities in Seven Inland Basins

… As Gov. Gaidam Applauds Baru on Reforms As part of strategies to shore up the nation’s reserve base, the Nigerian National Petroleum...

NNPC: Osinbajo makes important clarification about presidential approvals

[dropcap]V[/dropcap]ice President Yemi Osinbajo, SAN, on Thursday revealed that the approvals he granted to the NNPC while he was Acting President were for financing...

Kachikwu, Baru and the NNPC debacle by Reuben Abati

The current NNPC debacle is probably the most embarrassing, even if mercifully, eye-opening crisis in the history of that nationally strategic institution since...

Fresh $26 billion contract award crisis hits Baru’s NNPC

[dropcap]I[/dropcap]n the gigantic NNPC Tower, Minister of  State for Petroleum Resources, Dr Ibe Kachikwu and GMD of the NNPC, Dr Maikanti Baru both...

Tambuwal Wants NNPC to Explore Oil in Sokoto Basin

…As Baru Assures of adequate fuel Supply Sokoto State Governor, Rt. Hon. Aminu Waziri Tambuwal, has appealed to the Management of the Nigerian...

Apapa Jetty Fire Will Not Affect Supply of Petroleum Products, NNPC Assures Nigerians

The Nigerian National Petroleum Corporation on Monday advised consumers of petroleum products not to engage in panic buying following a fire incident which...