nnpc

How ‘corruption in PPMC’ is causing fuel scarcity in Nigeria [DETAILS]

In recent weeks, Nigerians have seen an increase in the prices of petroleum products, as well as queues at fuel stations across the country. Nigerians are heavily dependent on fuel for the different socio-economic activities they carry out daily, hence the harsh suffering the scarcity has inflicted on the populace. While the Nigerian National Petroleum... Read More

Featured, The News Blog

corruption, fuel scarcity, nnpc, ppmc

FG to break NNPC into 30 companies [DETAILS]

The Minister of state for Petroleum Resources and the Group Managing Director of Nigerian National Petroleum Corporation, Ibe Kachikwu, says the NNPC would be restructured and divided into 30 companies that will generate revenue for the country. Each of the 30 companies is expected to have its own managing director. Kachikwu made this known on... Read More

Featured, The News Blog

crude oil, Ibe Kachikwu, nnpc

Omokore’s car gifts: PDP Secretary gets protection as EFCC discovers more beneficiaries

National Secretary of the Peoples Democratic Party, Professor Wale Oladipo, who obtained a court injunction barring the Economic and Financial Crimes Commission from arresting him, is yet to respond to the anti-graft agency’s invitation. Oladipo is alleged to be involved in a deal currently being investigated by the EFCC. The anti-graft agency is investigating an... Read More

APC, corruption, EFCC, nnpc, PDP, Secondus

February 22, 2016

‘No fuel scarcity in Nigeria’ – NNPC

Following recent media reports suggesting the possibility of fuel scarcity and the appearance of fuel queues in parts of Lagos and Abuja, the Nigerian National Petroleum Corporation (NNPC) has stated that there is enough petrol to serve the entire country. NNPC made this known in a series of tweets released on micro-blogging platform, Twitter. NNPC... Read More

#EkitiDecides: Enough is Enough Nigeria hosts televised debate for candidates, fuel scarcity, nigeria, nnpc

February 15, 2016

By serving as minister, I lose at least $1m every year – Ibe Kachikwu

The Minister of state for Petroleum Resources, Ibe Kachikwu, says he loses at least $1 million every year as a result of his decision to serve in the cabinet of President Muhammadu Buhari. Speaking on Sunday, in Abuja, the minister however, said he’s unperturbed by the financial losses because he was ‘directed by the voice... Read More

$1m, IbeKachikwu, Minister, nnpc

Nigerian militants

February 14, 2016

1500 Niger Delta militants agree to surrender to federal government

Not less than 1500 Niger Delta militants have expressed their readiness to embrace amnesty and surrender arms to the federal government due to the intervention of the Minister of State for Petroleum Resources, Ibe Kachikwu. The militants commanders from Arepo, Ikorodu, Abule, Fatorla, Ibafo, Magboro, Epe, Itokin, Ilepete, Okenekene, Agric, Gbokoda camps, Camp 5 and... Read More

Ibe Kachikwu, Militants, Niger Delta, nnpc, surrender

January 30, 2016

THE YNAIJA TRACKLIST: Tears in Zika stricken city | ISIS sex slaves forced to undergo ‘two finger test’ | 4 ex-NNPC bosses up for EFCC probe | More stories

Arisekola urges governors to replicate Buhari’s anti-graft war. Leadership Anti-corruption campaign is for all Nigerians, not Buhari- Lai Mohammed. YNaija 51 officers get promoted in Adamawa police command. Leadership 15 die in Adamawa suicide attack. Punch Stella Oduah, Uba sacked by Supreme court. Punch PDP is past its defeat trauma – Metuh. Vanguard EFCC to... Read More

adamawa, Anti-graft war, Buhari, EFCC, Ex-GMDs, Ishaku, lai mohammed, nnpc, stella oduah, suicide attacks, tracklist

January 20, 2016

Why NNPC shut down Kaduna, Port Harcourt refineries

by Emeka Nwankwo The Nigerian National Petroleum Corporation, on Wednesday, announced that it had shut down the Kaduna and Port Harcourt refineries, due to challenges incurred from the recent attacks on crude oil pipelines. This was contained in a statement signed by the Group General Manager, Public affairs Division, NNPC, Mr. Ohi Alegbe. The statement... Read More

kaduna, nnpc, Port Harcourt, Refineries, shut down

January 20, 2016

THE YNAIJA TRACKLIST: Workers sacked by Okorocha, resume work | Oshiomhole blames PDP… again | NNPC Mega station razed | More stories

NNPC Mega Station razed by fire. Premium Times Buratai says Army won’t condone any form of impunity. Leadership Workers sacked by Okorocha, resume work. Premium Times Corrupt judges will be prosecuted, jailed – FG. Leadership EFCC Chairman, Magu promises to obey court. Premium Times Lassa fever patient runs away from hospital. YNaija Olubadan of Ibadan,... Read More

EFCC, judges, nnpc, okorocha, Shiite, tracklist

January 12, 2016

THE YNAIJA TRACKLIST: ‘Nwobodo, the fugitive’ | ‘Fayose, the unfit governor’ | PDP disowns #DasukiGate members | More stories

PDP exonerates itself from #DasukiGate. Leadership Magu says this is why Jonathan hasn’t been arrested by EFCC. This Day APC says Fayose is unfit to be governor. YNaija ‘Nwobodo joined APC as a fugitive running from justice’. Vanguard Ekwunife, PDP at loggerhead over her defection to APC. Leadership Emeka Mba arrested by EFCC. This Day APC... Read More

AGF, Bayelsa, EFCC, Faleke, jonathan, metuh, nnpc, tracklist

December 30, 2015

THE YNAIJA TRACKLIST: Twitter unveils new abuse rules | N86 approved for fuel price | Shehu Sani suspension drama persists | More stories

New fuel price approved, NNPC to sell N86. This Day Wada presents Kogi N74.9bn budget for 2016 to State Assembly. Leadership PMB, GEJ, others make 100 most influential Africans list. This Day 442 FRSC officers promoted to the inspector cadre. Leadership Shehu Sani’s suspension upheld by Kaduna APC. Punch AGF assures that rescuing Chibok girls remains... Read More

Buhari, chibok, nnpc, petrol, Shehu Sani, tracklist

December 21, 2015

Fuel Scarcity: Nigerians are paying for Jonathan’s sins – Lai Mohammed

The Minister of Information and Culture, Lai Mohammed has said that the immediate past government of Goodluck Jonathan, oil marketers and vandals should be blamed for the recurring fuel scarcity that has plagued the nation for several weeks. The persistent fuel scarcity that has lasted for weeks according to the minister is the sins of... Read More

APC, fuel scarcity, Goodluck Jonathan, import, nnpc, oil marketers, PDP, Petroleum

December 15, 2015

FG to remove oil subsidy, petrol may sell for N97 per litre

The argument on whether or not to remove the subsidy has been ongoing for a long time as the price of crude oil in the international market continues its downward plummet. Hard times loom for Nigerians as the Federal Government has yielded to pressure to remove the subsidy on fuel next year. This is coming as... Read More

2016, brent price, Federal Government, fuel scarcity, nnpc, Oil

November 18, 2015

Free petrol! NNPC orders DPR to invade fuel-hoarding stations

The Group Managing Director of the Nigeria National Petroleum Corporation, Dr. Ibe Kachikwu, has ordered the Department of Petroluem Resources to seal petrol-hoarding filling stations. Kachikwu, who’s also the Minister of State for Petroleum Resources, instructed the DPR to sell to customers for free, the products of the petrol stations found guilty of hoarding. A... Read More

Featured, The News Blog

hoarding stations, Ibe Kachikwu, nnpc, petrol, seal

November 15, 2015

Missing $20bn: “It’s more painful that the allegation came from a good friend” – Diezani

The former Minister of Petroleum, Diezani Alison-Madueke, says it’s impossible that she stole $20billion from the Nigerian National Petroleum Corporation (NNPC). Diezani, in an interview with Dele Momodu’s The Boss, stated that $20billion cannot disappear from the nation’s coffers and still remain untraceable. “If there is one issue I must pursue in this world, it is the... Read More

Featured, The News Blog

Alison-Madueke Diezani, Diezani Alison, Emir of Kano, nnpc

October 12, 2015

Is Buhari planning to replace recently-appointed NNPC boss?

There is speculation that President Muhammadu Buhari will appoint another Group Managing Director for the Nigerian National Petroleum Corporation if the senate approves Ibe Kachikwu’s ministerial nomination. According to TheCable, presidential sources revealed that Buhari is not entirely at ease with the actions and performance of Kachikwu at NNPC, thus far. The report states that Kachikwu allegedly gave preference to... Read More

Buhari, Kachikwu, nnpc, senate

October 12, 2015

‘Metuh has diarrhea of the mouth’ | Nigerian Twitter shows no love to PDP spokesperson

The National Publicity Secretary of the Peoples Democratic Party, Olisa Metuh, had a rough morning on Nigerian Twitter. Metuh was a guest on Channels Television’s Sunrise Daily on Monday morning. During the interview, he talked about a number of issues, but what irked Nigerians on Twitter, was this comment: “Ibe Kachikwu was supposed to be... Read More

Ibe Kachikwu, nnpc, Olisa Metuh, PDP

September 11, 2015

THE 2015 TRACKLIST: Mimiko supports death penalty for corrupt politicians| NNPC lifts ban on 113 oil tankers| Tinubu greater than Obasanjo| More stories

Mimiko also supports death for corrupt politicians. YNaija FRSC says they are not recruiting, warns against fraudsters. Leadership Army officers say they never saw any election take place in Rivers. YNaija Shettima names 21 commissioners, appoints caretaker chairmen. Leadership After this, Amosun better not be found corrupt. YNaija Obadan says if not for Buhari, Nigeria... Read More

Buhari, Customs, NASS, nnpc, Power sector, tracklist

September 7, 2015

NNPC moves to recover $1.9 billion from JV partners

The Nigerian National Petroleum Cooperation (NNPC) is moving to recover over $7 billion in over-deducted tax benefits from joint venture partners on major capital projects. Punch reports that the corporation had also engaged an international accounting firm to ascertain the exact amount due to government on the Strategic Alliance Contracts entered by Nigerian Petroleum Development... Read More

JV, Kachikwu, nigeria, nnpc

September 2, 2015

FG assures Nigerians they have no plan to sell refineries

The Federal Government has assured Nigerians that it has no plan to sell any of the refineries in the country but may encourage joint venture investments in the facilities. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Ibe Kachikwu,disclosed this on Wednesday shortly after inspecting the Port Harcourt Refinery in Eleme Local... Read More

Buhari, Kachikwu, nnpc, Refineries

September 2, 2015

THE 2015 TRACKLIST: Buhari sued over appointment, Fernandez dead, Dasuki gets bail, More stories

Lawyer sues Buhari over South-East exclusion in appointments. YNaija Buhari vows to strengthen EFCC, ICPC. This Day Presidency tells of Buhari’s position on the 100 days promise saga. YNaija Businessman, Deinde Fernandez dies at 79. This Day Soyinka drags Buhari into squabble with Oyinlola. YNaija Dasuki trial begins, court grants him bail. Leadership NNPC vows... Read More

Buhari, EFCC, icpc, nnpc, PDP, Secondus, tracklist

September 2, 2015

NNPC vows to end oil theft in 8 months

The Nigerian National Petroleum Corporation, has promised to end oil theft in the country, within the next 8 months. Group Managing Director of the NNPC, Dr Emmanuel Kachikwu disclosed that the corporation has put in place measures to eradicate the stealing of oil as well as to punish the perpetrators. Kachikwu said this on Tuesday,... Read More

Ibe Kachikwu, nigeria, nnpc, Oil, Oil theft

August 30, 2015

Is the NNPC planning to sell off Nigeria’s refineries?

The Nigerian National Petroleum Corporation (NNPC) has recommended the sale of the nation’s three refineries in Port Harcourt, Warri and Kaduna due to some challenges it described as critical elements. These elements, the agency say, may continually hinder their effective operation in the hands of the Federal Government. NNPC has equally finalized its position on... Read More

Buhari, nnpc, Refineries, sale

August 20, 2015

Senate rejects PIB because it’s “not priority”

Senate Leader, Ali Ndume has said the upper chamber had no time to consider the Petroleum Industry Bill now because the PIB is not the priority of the current administration. Ndume said rather than squander time and resources on the PIB, that was stalled in the 7th National Assembly, senators had been preoccupied with how to first... Read More

NASS, Ndume, nnpc, PIB

Gani Adams

August 18, 2015

Why the OPC and ex-militant leaders have threatened to sue NNPC

Ex-militants leaders and leaders of the Oodua Peoples Congress, have many things in common. A history of violence, Goodluck Jonathan, and now an impending lawsuit. Dr Frederick Faseun, Gani Adams and Asari Dokubo, who were made pipeline security contractors, by Goodluck Jonathan, have threatened to sue the Nigerian National Petroleum Corporation, for terminating the contracts signed... Read More

Asari Dokubo, Frederick Faseun, Gani Adams, Lawsuit, nnpc, president buhari

August 12, 2015

These are the newly appointed Executive Directors of NNPC Subsidiaries (PHOTOS)

The President, on Tuesday, August 11, fired the managing directors of all the subsidiaries of the NNPC. Buhari also retired 38 top management staff of the corporation. President Buhari subsequently appointed the replacements of the directors, which were made known by the Group Managing Director of NNPC Emmanuel Ibe Kachiukwu. Those newly appointed are Dr. Maikanti Baru, Group Executive Director,... Read More

appointments, Executive Directors, nnpc, president buhari

August 11, 2015

MDs fired, 38 managers retired, as Buhari’s broom continues to sweep NNPC

The rapidly sweeping broom of President Muhammadu Buhari is not done with the the Nigerian National Petroleum Commission. The President, on Tuesday, August 11, fired the managing directors of all the subsidiaries of the NNPC. Buhari also retired 38 top management staff of the corporation, reducing the number from 122 to 83. The development was communicated by the spokesperson of... Read More

managers, MDs, nnpc, President Muhammadu Buhari

August 10, 2015

THE 2015 TRACKLIST: PMB might head petroleum ministry, APC accuses Wike , NWC sack will revive PDP, More stories

Presidency says corrupt APC, PDP members will face the law. YNaija PDP chieftain says only sack of NWC will bring PDP out of its coma. Leadership Buhari instructs ICPC, EFCC to find funds stolen under GEJ. YNaija APC says Wike spent N5billion in anti-Buhari campaign. Leadership Presidency says OBJ, GEJ visit wouldn’t stop Buhari’s war... Read More

Buhari, jonathan, nnpc, Obasanjo, tracklist, wike

August 10, 2015

‘NNPC, CBN, DPR, others will henceforth maintain a single account’

President Muhammadu Buhari has ordered all ministries, agencies and departments of government to stop operating multiple bank accounts for keeping their revenues and incomes. Henceforth, all agencies must maintain a Treasury Single Account, domiciled with the CBN for revenues and other receipts. The directive was communicated to the public on Sunday, by the Senior Special Assistant to... Read More

CBN, DPR, FAAN, nnpc, NPA, Treasury single account

Igbos are the best in Nigeria, yet Buhari neglects us – Ex-Anambra governor

A former Governor of Anambra State in the defunct Third Republic, Dr. Chukwuemeka Ezeife, is displeased with President Buhari’s manner of appointment. Ezeife insists that President Muhammadu Buhari’s appointment of Dr. Ibe Kachikwu to head the Nigerian National Petroleum Corporation, is not enough for the Igbo ethnic group. In an interview with Punch Newspapers on Saturday, Ezeife... Read More

appointment, Chukwuemeka Ezeife, igbos, nnpc, president buhari

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