Vice President Yemi Osinbajo on Monday accepted that there is payment of subsidy on imported petrol. He however explained that it is paid for by the...
Nigerian National Petroleum Corporation (NNPC) Managing Director, Maikanti Baru, has said that petrol is still being sold at a subsidized rate of N26 per litre. Baru...
President Muhammadu Buhari on Saturday night summoned the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Maikanti Baru to Aso Villa, Abuja over the...
The claim by the Minister of State for Petroleum Resources, Ibe Kachikwu, that the Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti Baru, inappropriately...
The All Progressives Congress (APC) has claimed that there was no “actual scarcity” of fuel in the country even as Nigerians continued to grapple with the...
The lingering fuel crisis in the country yesterday forced the Nigerian National Petroleum Corporation (NNPC) to release 470 trucks-load of Premium Motor Spirit (PMS) also known...
A cash-call exit agreement between the Nigerian National Petroleum Corporation (NNPC) and Joint Ventures partners, the Federal Government has saved about $1.7billion. It will repay the...
The Minister of Finance, Kemi Adeosun, has again cried out over the refusal of several State governors to fully disclose disbursement of bail-out funds given to...
The Nigerian National Petroleum Corporation (NNPC) says it has taken delivery of two cargoes on Wednesday with 50 million litres of Premium Motor Spirit (PMS) otherwise...
Full disclosure in the administration of crude sales remains an issue at the Nigerian National Petroleum Corporation (NNPC) despite current efforts at enthroning transparency in the...
Nigerians may be in for a challenging yuletide as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has issued a seven-day ultimatum to...
The Minister of State for Petroleum Resources, Ibe Kachikwu, has revealed that the the major cause of the fuel scarcity currently being experienced across the country...
The scarcity of Premium Motor Spirit (PMS), also known as petrol, worsened in some filling stations in parts of Lagos and the Federal Capital Territory (FCT)...
Almost two months after it set up an ad-hoc committee to carry out “holistic investigation” into allegations of corruption against Maikanti Baru, the Group Managing Director...
An Ad-Hoc Committee of the National Economic Council (NEC) has reported that a number of revenue-generating agencies may have significantly under remitted returns to the Federation...
The Nigerian National Petroleum Corporation (NNPC) has secured a total of $3.7bn in Alternative Financing Agreement in the last three years, Group Managing Director of the...
The Senate Wednesday revealed that the refusal of some officials of government to honour its invitation for the consideration of templates contained in the 2018 budget was frustrating...
Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the second and final phase of an Alternative Financing Agreement that would increase crude...
The Minister of State for Petroleum Resources, Ibe Kachikwu, has said that Nigeria had an obligation to pursue oil exploration in the North-East and other areas...
As President Muhammadu Buhari prepares to lay the 2018 appropriation bill before the National Assembly, some 36 statutory bodies have not submitted their 2017 budget proposal...
The Nigerian National Petroleum Corporation (NNPC) has said there were no ulterior motives behind its special dinner with members of the National Assembly scheduled for Tuesday,...
Reports emerged Tuesday night that embattled Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, may be trying to lobby members of...
The Federal Government Monday revealed that from 2019, the country would begin tracking Nigeria’s crude oil and would be able to account for every quantity of...
Strong indications emerged yesterday that the Senate ad-hoc committee constituted to investigate the alleged abuse of office by the Nigeria National Petroleum Corporation (NNPC) Group Managing...
Mobil Producing Nigeria Limited (MPN), one of the largest oil producers in Nigeria and operator of the Nigerian National Petroleum Corporation (NNPC)/MPN joint venture, Thursday announced...
There are indications that the Federal Government has started incurring N586 million daily as fuel subsidy, following the rise in crude oil price from $49 to...
A constitutional lawyer, Johnmary Jideobi, has dragged President Muhammadu Buhari before the Federal High Court in Abuja, over his alleged approval of “unlawful” and “unconstitutional” appointments...
Vested interests, religious and ethnic sentiments could frustrate attempts by the Senate to unravel the true position of the alleged $25b contracts, awarded by the Nigerian...
There seems to be no end in sight to the downward operational performance of Nigeria’s refineries since the beginning of 2017 despite several interventions made to...
In a move apparently designed to convince the public that the Nigerian National Petroleum Corporation (NNPC) contract scandal was now a thing of the past, and...
There are indications that the presidency has initiated moves to avert the indictment of the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC),...
As the latest scandal in Nigeria’s historically reputation-challenged oil industry continues to generate widespread reactions, the issues thrown up so far in the allegations contained in...
Former Minister of Education, Oby Ezekwesili, has urged President Muhammadu Buhari not to “move on” from the allegations of fraud raised by the Minister of State...
Prominent Yoruba leader, Chief Ayo Adebanjo has examined the current face-off between the Minister of State for Petroleum, Dr. Ibe Kachikwu and the Group Managing Director...
Minister of State for Petroleum Resources Ibe Kachikwu and Nigerian National Petroleum Corporation (NNPC) boss Dr. Maikanti Baru have been advised to stop their bitter row...
The Nigerian National Petroleum Corporation (NNPC) has indefinitely shut down two of the nation’s three refineries due to increase in their operation costs and several maintenance...
The Pan Niger Delta Forum (PANDEF) has expressed disappointment over the Presidency’s handling of the ongoing feud between Minister of State Petroleum Resources, Dr Ibe Kachikwu,...
The Nigerian National Petroleum Corporation (NNPC) Thursday announced that it was well on course to pursue oil exploration in Yobe State as part of its expanded...
Barely hours after Vice-President Yemi Osinbajo’s aide, Laolu Akande, appeared to confirm Osibanjo’s approval of the controversial contracts awarded by the Nigerian National Petroleum Corporation (NNPC)...
The National leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has urged President Muhammad Buhari to intervene in the feud between the...
A former Minister of Petroleum Resources, Prof. Tam David-West, has described the response of the Nigerian National Petroleum Corporation (NNPC) to Minister of State (Petroleum), Ibe...
•What becomes of Sections 130(2), 148(1) of the Constitution and Section 1(1) of NNPC Act? •How can the NNPC Tenders Board appointed by Baru be responsible...
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...
Minister of State for Petroleum Resources Ibe Kachikwu’s future was hanging in the balance yesterday. President Muhammadu Buhari is said to be weighing options on Dr...
A Senior Advocate of Nigeria (SAN) Dr. Olisa Agbakoba has filed a suit at the Federal High Court, Abuja to challenge the non inclusion of the...
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Maikanti Baru has stated that no law mandates him to report to Ibe Kachikwu in his...
Sources close to the Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru, have revealed the reasons the NNPC boss ignored the Minister of State for...
THE Nigerian National Petroleum Corporation, NNPC, Group Managing Director, GMD, Mr. Maikanti Baru, is in the eye of the storm. This may probably not be the...
Despite the several groups and individuals who have opposed the deployment of soldiers for civil duties, the Nigerian Army on Saturday declared the deployment of troops...
In what appears a clear indication that all is not well within the Nigerian National Petroleum Corporation, a heavy security presence was on Friday sighted at...
