Don’t Strangulate Dangote Refinery, MURIC Urges FG Amidst Fuel Price Hike
The Muslim Rights Concern (MURIC) has condemned the recent fuel price hike by the Nigerian National Petroleum Corporation (NNPC) and its decision to monopolize the supply of Dangote Refinery’s fuel. In a statement issued by its Executive Director, Professor Ishaq…
Nigeria’s Federal Government Initiates External Audit of NNPC’s N2.7tn Subsidy Claim
The Federal Government has taken a significant step towards verifying the Nigerian National Petroleum Company Limited’s (NNPC) N2.7tn fuel subsidy claim by initiating the selection process for an external auditor. This move aims to determine the authenticity of the claim…
FBI Charges Senior NNPC Official in $2.1m Swiss Oil Company Bribery To Shortchange Nigeria To the Tune of $2.4bn
A lawyer has been charged by the Federal Bureau of Investigation (FBI) with multiple felonies arising from an alleged $2.1 million bribe, which he received while serving as an officer at Nigerian National Petroleum Corporation (NNPC). The man identified as…
HURIWA To President Buhari: When Will You Prosecute Importers Of Bad Fuel Into Nigeria?
Prominent Civil rights advocacy group, Human Rights Writers Association Of Nigeria (HURIWA) has demanded from President Muhammadu Buhari when he intends to bring to justice the corporate bodies and individuals who imported toxic fuel in early February that precipitated a…
N3bn Slop Oil Sale: CNPP Commends Presidency over Invitation to NNPC GMD, Insists on Open Investigation
Conference of Nigeria Political Parties (CNPP) has said a report on the summoning of the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, to the presidential Villa over the suspicious N3 billion slop oil sale…
Petroleum Minister, Kachikwu, Apologises Over ‘Not-a-Magician’ Comment
Nigeria’s Minister of State for Petroleum, Ibe Kachikwu, has apologised to Nigerians for his comments last week that the current petrol scarcity will continue till May, and that only “magic” could bring a quicker end to the crisis that has…
Buhari Moves To Unbundle NNPC Into 30 Companies – Kachikwu Reveals
Sweeping reforms geared towards a possible privatization of Nigeria’s oil giant, Nigerian National Petroleum Corporation (NNPC), will soon be announced by the Federal Government, the country’s Minister of State for Petroleum Resources, Ibe Kachikwu said on Thursday. The effect of…
I’ll Publish NNPC Financial Transactions, Says New GMD
The Nigeria’s Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), Ibe Kachiukwu, has reportedly told his colleague that he was set to publish the national oil corporation’s financial transactions from September this year. The details of the modalities…
Shake Up: Eight NNPC Group Executive Directors Sacked
Barely a day after a new group Managing Director assumed office at Nigeria’s oil corporation, the Federal Government on Wednesday fired all Group Executive Directors (GEDs) of Nigerian National Petroleum Corporation (NNPC). The eight group executive directors of the NNPC…
Emmanuel Kachikwu: The New NNPC GMD
Following his appointment by President Muhammadu Buhari as the newly appointed Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Ibe Kachikwu, has assumed duty at the twin towers headquarters of the corporation in Abuja. This was…
