Senator Adams Oshiomhole, clearly, has an axe to grind with NNPC Ltd. The former labour leader, who cut his teeth as a junior staffer in a textile mill, now sits in the Senate. From that perch, he has declared the Nigerian National Petroleum Company Limited “a bunch of criminals and thieves.” To watch the video…
The Senate Committee investigating the alleged misappropriation of funds in the Nigerian National Petroleum Company Limited has cautioned social media users and influencers against spreading false information about its ongoing probe. The warning was issued during a committee sitting, where lawmakers stressed the importance of accurate reporting and public discourse as the investigation continues. Chairman…
Industry stakeholders have raised fresh concerns over the potential long-term consequences of the Federal Government’s recent Executive Order altering key fiscal provisions of the Petroleum Industry Act (PIA), warning that the move could undermine the financial strength of NNPC Limited and weaken investor confidence in Nigeria’s oil and gas sector. The Executive Order mandates the…
… seeks collaborative effort with movie producers, skit makers to protect assets from vandals The Chief Corporate Communications Officer of the Nigerian National Petroleum Company Ltd., Olufemi Soneye, has emphasized the significant contributions and commitment of the company to power generation in Nigeria. Soneye, who stated this on Tuesday while addressing the Kannywood Community, also…
In its editorial of 2nd August, 2024, the BusinessDay newspaper, characteristically, launched another scurrilous and baseless attack on the Nigerian National Petroleum Company Limited (NNPC Ltd). In the editorial entitled: “NNPCL: Liability or Asset to Nigerians?”, the newspaper set out to paint the picture of NNPC Ltd that is a liability to Nigeria instead of…
Failure of Nigerian National Petroleum Company (NNPC) to file a counter affidavit in the N100 billion suit filed by Senator Ifeanyi Araraume against the Federal Government again stalled definite hearing on the suit at the Federal High Court Abuja on Wednesday. Araraume had insututed the suit against the FG, challenging his alleged unlawful removal as…
● Court adjourns hearing to January 11, 2023 President Muhammadu Buhari has filed a notice of preliminary objection challenging the jurisdiction of the Federal High Court to entertain the suit by Senator Ifeanyi Araraume on his alleged illegal removal as non-executive chairman of the Board of the Nigerian National Petroleum Company Limited (NNPCL). The notice…
The Nigerian National Petroleum Corporation (NNPC) independent gas-powered plant in Maiduguri, Borno state will be completed by November. The 50MW power project was sited along Baga road, following the destruction of three power tower lines near Jakana village on January 17, 2020. Group Managing Director of the NNPC, Mele Kyari, disclosed yesterday (Sunday), in Maiduguri…
The Nigeria National Petroleum Corporation Ltd. (NNPC) has commenced loading of trucks at all depots to clear current scarcity experienced across the country. According to reports by Newsguru.com, he NNPC, Group Managing Director, Malam Mele Kyari, made this known to journalists in Abuja on Wednesday shortly after a meeting with the National Union of Petroleum…
Emadeb Energy Services Limited, the lead of the Emadeb/Hyde/AY Maikifi/Brittania-U Consortium, on Tuesday laid bare before the House Committee on Petroleum Committee (Downstream) the roles played by each member of the consortium in the importation of Premium Motor Spirit (Petrol) into the country. Chief Executive Officer and Managing Director of Emadeb Energy Services Limited, Mr…
