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August 5, 2015

The 6 major tasks given to new NNPC boss by President Buhari

President Muhammadu Buhari appointed a new head of the Nigerian National Petroleum Corporation on Tuesday, August 4. Dr. Emmanuel Ibe Kachikwu, the Executive Vice Chairman/General Counsel of ExxonMobil (Africa), was appointed by the President as Group Managing Director of the NNPC. While giving him the mandate, President Buhari gave Kachikwu, six terms of reference to make top... Read More
The News Blog
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August 4, 2015

Meet the HINTS Magazine publisher just appointed as NNPC GMD

It has been rumored that the Executive Vice Chairman of ExxonMobil Africa, Emmanuel Ibe Kachikwu, will be appointed as the new Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC). Kachikwu is an Igbo man getting appointed by President Muhammadu Buhari, so all you conspiracy theorists can rest. Well, here is everything you should... Read More
The News Blog
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August 4, 2015

ExxonMobil Vice Chairman, Kachikwu MIGHT be the new NNPC GM

Reports reveals that President Muhammadu Buhari will soon announce a new boss for the Nigerian National Petroleum Corporation (NNPC). 360nobs reports that except there is any changes, the Executive Vice Chairman of ExxonMobil Africa, Emmanuel Ibe Kachikwu, will be appointed as the new Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC). Some sources said... Read More
The News Blog
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July 30, 2015

THE 2015 TRACKLIST: PDP laments again, Tompolo happy with PMB, Leahy talks again, More stories

PDP laments again, says APC appoints its member as DSS boss, INEC chairman is PMB blood. YNaija Tompolo happy with PMB over appointment of Amnesty coordinator. YNaija AirForce cuts Boko Haram supply routes. Leadership NNPC says PH, Warri refineries begin production. Premium Times IPMAN supports Buhari on oil probe, NNPC split. Punch Agbaje says Fuel... Read More
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July 25, 2015

How Buhari intends to break NNPC into two parts

President Muhammadu Buhari has revealed that he would break into two parts, the Nigerian National Petroleum Corporation. Buhari said that the national oil company will be divided into an ‘independent regulator’ and an ‘investment vehicle’. The President stated this in an interview with journalists in Washington DC during a four-day visit to the United States. An extract... Read More
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July 24, 2015

Bamikole Omisore: Saraki and the ‘missing’ $20 Billion

by Bamikole Omisore  It is on record that Dr. Saraki was the only Senator on the committee who refused to sign the report, even in the face of severe duress and personal inconvenience. Before President Muhammadu Buhari travelled to the United States on a four-day State Visit, one of the issues dominating the national discourse... Read More
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July 24, 2015

NNPC is the engine room of corruption in Nigeria – Saraki

Senate President, Bukola Saraki, has described the Nigerian National Petroleum Corporation as the engine room of corruption in the country. Saraki also bemoaned the fact that perpetrators of illegal deals in the corporation have not been apprehended and put on trial. The Senate President said this while addressing the leadership of the Nigerian Labour Congress led... Read More
The News Blog
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July 23, 2015

Saraki says Jonathan didn’t give him a bribe over missing $20billion

Senate President Bukola Saraki has denied allegations by a news website that he received a bribe from former president Goodluck Jonathan to help him influence the Senate’s probe about the $20 billion believed to be missing from the Nigeria National Petroleum Corporation (NNPC) account. Saraki accused the news medium of smear campaign and acting the script of his... Read More
The News Blog
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July 16, 2015

THE 2015 TRACKLIST: Tinubu celebrates PMB, El-Rufai fires 20 perm secs, Aregbesola replies petitions, More stories

DSS interrogates NNPC director over oil swap deal. Punch Anti-Saraki group seeks probe by police over forgery scandal. Leadership Tinubu, Momodu celebrate Buhari online. Punch El-Rufai sacks 20 permanent secretaries, appoints new ones. Leadership Presidency says Buhari didn’t make anti-Igbo statement. Punch APC chieftain says Buhari is capable of tackling Nigeria’s problem. Leadership EFCC begins... Read More
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July 13, 2015

“If you don’t kill NNPC, it will kill Nigeria” – El-Rufai

Kaduna State Governor, Mallam Ahmed El-Rufai, has called for a complete disbandment of the Nigerian National Petroleum Corporation. He also demanded the immediate privatisation of the four refineries owned by the corporation. El-Rufai was irate when saying this on Monday, July 13, at the 7th Wole Soyinka Centre Media Lecture Series. “If you don’t kill NNPC, it kill... Read More
The News Blog
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June 30, 2015

THE 2015 TRACKLIST: APC wants Ekweremadu out, APC governors gives names of NASS principal officers, APC PDP exchange words, More stories

Buhari says all revenues from NNPC must be paid into consolidated revenue funds. This Day  NEC says Okonjo-Iweala spent $2.1 billion without approval. YNaija PDP talks back tells Buhari he can’t blackmail them. This Day APC senators replies PDP, says they can’t rush Buhari into GEJ’s trap. YNaija Saraki, Dogara dismiss Akande’s allegations on sponsorship by... Read More
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June 30, 2015

Okonjo-Iweala spent $2.1bn without approval – NEC

The newly inaugurated National Economic Council, has accused former Minister of Finance and Coordinating Minister of the Economy, Ngozi Okonjo-Iweala, of spending $2.1bn from the Excess Crude Account without authorisation. The Council, which is chaired by Vice-President Yemi Osinbajo, made the accusation after the NEC’s 58th meeting in Abuja on Monday, June 29. While speaking to State... Read More
The News Blog
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June 28, 2015

This is why Diezani must be probed – Festus Keyamo

Popular human rights lawyer, Festus Keyamo, has once again, called for a probe of the tenure of the former Minister of Petroleum Resources, Diezani Alison-Madueke. Keyamo had petitioned the Senate President and Speaker of the House of Representatives on June 17, asking the National Assembly to commence investigations into the activities of the Nigerian National Petroleum... Read More
The News Blog
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June 27, 2015

Previous administration accuses Buhari of dismissing already dissolved board

Some members of the out-gone administration of President Goodluck Jonathan have said the dissolution of the Nigerian National Petroleum Corporation (NNPC) board by President Muhammad Buhari was out of order. Saying that according to the “Petroleum Act,” the board stood dissolved the moment former Petroleum Minister, Diezani Alison-Madueke, left office. Two members of Jonathan’s administration... Read More
The News Blog
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Gani Adams
June 16, 2015

“Enough is enough” | OPC pulls out of pipeline protection contract

The Oodua People’s Congress, has instructed its men to refrain from guarding all the pipelines of the Nigerian National Petroleum Corporation. In March, the Federal Government headed by Goodluck Jonathan, had awarded a multi-billion naira contract to OPC to protect NNPC pipelines in the South-West region. According to Yinka Oguntimehin, spokesman for Gani Adams faction of... Read More
The News Blog
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June 14, 2015

These are the 3 oil companies under investigation for cheating the government

To ascertain whether the Nigerian government is being cheated through contracts in which crude oil is given to traders in exchange for refined imports, the Economic Financil Crimes Commission and the Department of State Security, are investigating three major oil companies. The Nigerian Extractive Industries Transparency Initiative had recently reported that there was a revenue... Read More
The News Blog
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June 6, 2015

Mallama Hafsa: 7 questions for Diezani Alison-Madueke

by Mallama Hafsa  The public is curious to understand why the former president has insisted on keeping the controversial petroleum minister in spite of all the strong allegations against her. Former President Goodluck Jonathan continued to turn a blind eye to all these issues, even as they badly affected the country’s image. Throughout the lifespan... Read More
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May 25, 2015

Immanuel Ugwu: Dear Diezani, you are running in vain

by Immanuel Ugwu  Buhari’s private forgiveness will not save her from her history. Her robbery of the Nigerian people makes her eligible for prosecution. She is running in vain because our collective sense of impoverishment can only be appeased by justice. If Diezeani Allison Madueke, the queen of the Nigerian oil empire, did not scamper... Read More
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May 14, 2015

Emir of Kano, Sanusi has some unanswered questions for Diezani, NNPC

by James Sambo In an essay titled in the Financial Times, the Emir of Kano, Lamido Sanusi insists that the PwC Audit Report confirmed that about $18.5billion of the earnings of the Nigerian National Petroleum Corporation was not remitted to the treasury. According to Sanusi, Petroleum Minister, Diezani Alison-Madueke, doesn’t know what she’s talking about. In the... Read More
The News Blog
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May 3, 2015

Buhari must sanction PwC over NNPC report – APC chieftain

by Ranti Joseph   The Senator-Elect for Lagos West Senatorial District and Chairman of the House of Representatives Committee on Public Accounts, Solomon Adeola has called on the incoming Federal Government and relevant financial and auditing regulatory bodies to appropriately sanction the auditing firm, PriceWater House Coopers (PWC) for misleading and deceiving Nigerians on the... Read More
The News Blog
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May 1, 2015

Is’haq Kawu: What are we to make of the NNPC audit report?

by Is’haq Kawu In response, the Governor was suspended from office, by President Goodluck Jonathan, who was always willing to protect Diezani Allison-Maduekwe. It is clear that like the proverbial cup of water, some would see it as half full, while others would describe it as half empty! It was in the lead to the... Read More
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April 27, 2015

We are not afraid of being probed – PDP replies Buhari over missing NNPC $20 billion

by Damilola Jagun The National leadership of the Peoples Democratic Party, says the former ruling party is not afraid of the plan by the President-elect, Muhammadu Buhari, to probe the missing $20 billion from the Nigerian National Petroleum Corporation. The PDP made its position known in a text message to Vanguard newspapers on Monday, April 27. The National... Read More
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