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

Muhammadu Buhari, nnpc, Olisa Metuh, PDP, Vanguard Newspapers

April 26, 2015

Buhari will investigate $20 billion missing from NNPC account

by Panshak Ibrahim The president-elect, General Mohammadu Buhari, says he will investigate the alleged missing $20 billion from the account of the Nigerian National Petroleum Cooperation, NNPC. Buhari made the disclosure on Sunday, April 26, while addressing a delegation of Adamawa State chapter of the All Progressives Congress, who paid him a congratulatory visit at... Read More

The News Blog

#VoteChange, Abuja, adamawa, Muhammadu Buhari, nnpc, Sanisu Lamido Sanusi

April 23, 2015

Today’s Daily Brief: NNPC says why FG should remove oil subsidy, Jonathan/Buhari teams meet, El-Rufai sets up transition committee, and more

The Nigerian National Petroleum Corporation on Thursday called on the Federal Government to scrap the Petroleum Support Fund (PSF) otherwise known as petroleum subsidy because government should not guarantee the price of crude oil that it does not control. In his presentation during the 2015 Oloibiri Lecture and Energy Forum of the Society of Petroleum... Read More

Buhari, el rufai, FG, jonathan, nnpc

April 22, 2015

Alison-Madueke speaks on the missing $20 billion

by Ranti Joseph Minister of Petroleum Resources, Diezani Alison-Madueke, said the allegations levelled on her over the alleged missing funds from the reserves of the Nigerian National Petroleum Corporation (NNPC) and also of her wasteful spending were made because of the reforms contained in the Petroleum Industry Bill. She said this while fielding questions from... Read More

The News Blog

alison-Madueke, Diezani Alison Madueke, economy, missing $20 billion funds, nnpc, PIB

April 10, 2015

Is’haq Kawu: Why I want Gov. Shettima re-elected in Borno

by Is’haq Kawu The old order changeth, paveth way for the new. If we wait long enough, everything changes! This weekend, Nigerians return to the polls to choose governors for most of our states, as well as legislators for state Houses of Assembly. The governor is a very important position because governors affect the... Read More

Diezani Alison Maduekwe, Kashim Shettima, ngozi okonjo iweala, nnpc

March 24, 2015

Atedo Peterside: Tales of the unexpected at NNPC and CBN

by Atedo Peterside Wake up on any day of your choice and accuse NNPC of failing to remit 100% of what is due to the Federation Account and you will be right – the worst that can happen is that you may be incorrect on the scale/magnitude. A foreign correspondent first called my attention to... Read More

CBN, central bank of Nigeria, missing funds, nnpc, Petroleum, President Goodluck Jonathan

March 7, 2015

Azubuike Ishiekwene: But why is President Jonathan lying to us?

by Azubuike Ishiekwene If you have been conned into believing that Nigeria is now generating 5000MW of electricity, then you must be connected to the Jonathans, who neither pay PHCN bills nor have the faintest idea how much the public is paying to maintain the generators in the Presidential Villa. Nigeria of the last three... Read More

ad administration, corruption, lies, nnpc, PHCN, President Goodluck Jonathan

February 26, 2015

Olusegun Adeniyi: Let’s discuss the issue of oil theft in Niger Delta

by Olusegun Adeniyi We are losing revenue; 400,000 barrels of crude oil are lost on a daily basis due to illegal bunkering, vandalism and production shut-in. I have to clarify that it is not as if the entire 400,000 barrels is stolen, no. It had been a long day and as the session with the... Read More

bunkering, JTF Commander, Major General Emmanuel Atewe, ngozi okonjo iweala, Niger Delta, nnpc, Oyeinebi Yague, thieves, vandalism

February 25, 2015

Release full audit report on NNPC’S missing $20 billion || House of Reps tells Okonjo-Iweala

by James Sambo The House of Representatives has urged the Minister of Finance, Dr. Ngozi Okonjo-Iweala, to submit to the legislature, the full version of the forensic audit report on the alleged missing Nigerian National Petroleum Corporation ‎$20billion. International auditing firm, PriceWater House Coopers, had carried out the forensic investigation on behalf of the Federal... Read More

The News Blog

Audit report, House of Representatives, ngozi okonjo iweala, nnpc

February 12, 2015

Opinion: The wait is over, but who will save Abia?

by Uzoma Nwandu (Ada Aba) Like in a wrestling game, verbal wrestling as is the case here, they had turned vocal combatants, always ready to throw attack punches to anyone who dared to question their smelly incompetence. Impoverished roads, filth-ridden markets and hopeless healthcare—sadly, these are terms that had become tied to my beloved state,... Read More

Abia State, Governor T. A. Orji, Nigerian National Petroleum Corporation, nnpc

February 6, 2015

Alison-Madueke orders NNPC to refund $1.48billion debt

by Ranti Joseph The Minister of Petroleum Resources, Diezani Alison-Madueke, has directed the Nigerian National Petroleum Corporation, NNPC, to defray $1.48 billion remittances due to the Federation Account by the Nigerian Petroleum Development Company, NPDC, being signature bonus, taxes and royalties on the assets transferred to the firm. NPDC is an upstream subsidiary of NNPC.... Read More

The News Blog

Diezani Alison Madueke, DPR, nnpc

February 5, 2015

NNPC, others indicted in forensic audit report on missing $20 billion

by Andem Effiong The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Petroleum Development Company (NPDC) have been indicted by the investigative forensic audit carried out by PriceWaterHouse Coopers into the allegations of unremitted funds to the Federation Accounts. The highlights of the report was released by the Auditor General for the Federation, Samuel Ukura, in... Read More

The News Blog

Emir of Kano, federation account audit, nnpc, NPDC, Pricewaterhouse Cooper

February 5, 2015

Nigeria loses N21billion to pipeline vandalism in 6 weeks

by Andem Effiong Nigeria has declared a loss of over N21.37bn in the last six weeks as a result of vandalism of the Trans-Forcados and the Escravos-Lagos pipelines that convey crude oil and gas to different energy plants. The Nigerian National Petroleum Corporation (NNPC) said on Wednesday that there had been a recent increase in attacks... Read More

The News Blog

crude oil, David Ige, losses, nigeria, nnpc, vandalism

February 4, 2015

EFCC arrests syndicate for N115 million oil scam (PHOTOS)

by Azubuike Azikiwe The Economic and Financial Crimes Commission, EFCC, is set to arraign Emmanuel Owoicho, Managing Director, Owoema Resources Limited and five others over an alleged N115 million oil deal. Others are Michael Morowei Oghenemi, Managing Director Standard Allied Universal Concept Limited; Emeka Achielefu Nwangwa, Managing Director, Ann Petroleum Investment Company; Parbor Wariowei, Managing... Read More

The News Blog

Bascom Energy Limited, EFCC, Emmanuel Owoicho, nnpc, Oil scam, Owoema resources

February 1, 2015

BREAKING: Petroleum pipeline explodes in Ogun

by Isi Esene There has been a pipeline explosion in the Arepo area of Ogun State. The explosion occurred on Sunday with eyewitness reports of a huge cloud of smoke covering the affected area. The explosion is believed to have been caused by the action of vandals who attack Nigerian National Petroleum Corporation (NNPC) pipelines... Read More

The News Blog

explosion, Ibrahim Farinloye, NEMA, nnpc, Ogun, pipeline

January 21, 2015

“Agbaje, the apprentice governor” – 7 important things you didn’t read yesterday (but should have)

by Kolapo Olapoju 1. Mbu, the puppet-lion arrives Lagos. Dear Mbu J. Mbu, Lagos is not like Rivers, or Abuja, or even those villages you’ve threatened to bring down. AIG Joseph Mbu, the man who calls himself “the lion of the Police force”, has been strategically transferred to Lagos by the Police High Command. 2. Distinguished Fayose... Read More

The News Blog

7 important things you didn't read yesterday (but should have), All Progressives Congress, Ayo Fayose, jimi agbaje, Joseph Mbu, Kolapo Olapoju, Muhammadu Buhari, nnpc, ynaija

December 5, 2014

Feature: Chevron GMoU, a CSR initiative worthy of emulation

by Kolapo Olapoju In recent time, the Niger-Delta region of the Nigeria has witnessed a lengthy period of peaceful co-existence with oil companies operating in the region, as opposed to what was obtainable about a decade ago when the region was enmeshed in communal clashes, abductions and societal unrest over the perceived indifference of oil... Read More

The News Blog

December 2, 2014

Militant leader, Tompolo denies kidnapping 14 journalists

by Iyobosa Omoregie Ex-militant leader, Chief Government Ekpemupolo aka Tompolo, has denied masterminding the abduction of 14 journalists, describing the allegations as untrue and misleading. Tompolo was alleged to have recently abducted journalists in the creeks of Gbaramatu Kingdom, in Delta State. Tompolo, however, stated that over time, he has maintained a cordial relationship with... Read More

The News Blog

abduction, Chief Government Ekpemupolo, delta state, Export Processing zone, Gbaramatu Kingdom, journalists, Kidnapping, nnpc, Tompolo

November 7, 2014

Vandals killed in inferno at NNPC Pipeline

by Azubuike Azikiwe Several pipeline vandals were killed in a fire outbreak at a petroleum pipeline belonging to Nigerian National Petroleum Corporation, NNPC, at Ijedodo area of Lagos State. Some suspected pipeline vandals at around 6pm on Thursday, were reportedly scooping petroleum product into jerry cans when an argument ensued among them. According to reports, one of them ignited the... Read More

The News Blog

Abulado, fire outbreak, Ibrahim Farinloye, Ijedodo, inferno, National Emergency Management Agency, Nigerian National Petroleum Corporation, nnpc, pipeline vandals

October 28, 2014

Jonathan approves appointment of Deputy Group Managing Director for NNPC

by Laila Ibrahim President Goodluck Jonathan has approved the appointment of Bernard O.N. Otti, the NNPC’s current Group Executive Director (Finance and Accounts) as the new Deputy Group Managing Director/Group Executive Director (Finance and Accounts) of the corporation. According to a statement by the Presidential Spokesman Reuben Abati, “the appointment is in furtherance of ongoing... Read More

appointment, Bernard O.N. Otti, Deputy Group Managing Director, nnpc, President Goodluck Jonathan

September 20, 2014

You can relax now, the oil workers have called off their strike

by Laila Ibrahim The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have suspended their five-day old strike. The industrial action was suspended after a meeting with petroleum minister, Diezani Allison-Madueke. The oil workers had on Monday embarked on an indefinite strike... Read More

The News Blog

Abuja, nigeria, nnpc, NUPENG, PENGASSAN, Power, strike

September 15, 2014

NNPC sets new three-point agenda to boost oil production

by Chris Ikechukwu The General Managing Director(GMD) of the Nigerian National Petroleum Corporation (NNPC), Joseph Dawha, has promised to direct efforts and resources available to achieve three key programs during his tenure in office. While speaking yesterday in Abuja, the GMD who was represented by the Group Executive Director, Business Development, Dr. Attahiru Yussuf, said... Read More

The News Blog

Joseph Dawha, Nigerian National Petroleum Corporation, nnpc

September 11, 2014

Technical issues set to affect N100bn bond sale

by Tunji Andrews Nigeria plans to sell N100 billion ($615 million) worth of bonds with maturities ranging from 3 to 20 years at an auction next Wednesday, the Debt Management Office said on Wednesday. However, it is thought that tight liquidity and banks’ lack of access to their credit balance at the Central Bank of Nigeria... Read More

bond, CBN, nigeria, nnpc

August 22, 2014

Pipeline vandals are hard at work | Nigeria records an average of 10 pipeline breaks per day

by James Sambo The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Joseph Dawha, says vandals and oil thieves had a field day last year, recording 3,571 pipeline breaks in 2013 across the country. He made the announcement yesterday at the National Association of Energy Correspondents’ 2014 Conference which held in Lagos.... Read More

The News Blog

crude oil, Joseph Dahwa, nigeria, nnpc, Oil theft, pipeline, vandalism

August 8, 2014

Ebola: Why NNPC shut down its clinic in Lagos today

by David Cyril The Nigerian National Petroleum Corporation (NNPC) today 8, August 2014, announced the indefinite shutdown of its clinic in the Muri Okunola area of Victoria Island, Lagos, in reaction to a suspected case of Ebola virus on admission at the clinic. It was discovered that the patient visited the First Consultant Medical Centre... Read More

ebola virus, First Consultant Medical Centre, indefinite shutdown, Mr. Ohi Alegbe, nnpc

August 8, 2014

Ebola patient: NNPC shuts down clinic in Victoria Island, Lagos (LOOK)

by S’ola Filani A patient said to have shown symptoms of the Ebola Virus Disease has been discovered at the clinic of the Nigerian National Petroleum Corporation, NNPC, on Victoria Island, Lagos. The development has forced the management of the clinic to shut it down indefinitely. The Group General Manager, Group Public Affairs Division of the NNPC,... Read More

Ebola, nnpc, nnpc clinic, ohi alegbe

July 28, 2014

Bag of waste causes panic in Kaduna, as people run fearing a bomb

by Aaron Bulus A white bag, which was abandoned near Kontagora Road in Kaduna caused panic as traders in the nearby market suspected that it contained a bomb. The story spread like wildfire, causing Monday afternoon shoppers and traders in the market to panic and scamper for safety. The alarm occurred barely one hour... Read More

bomb blast, bomb scare, Kaduna State, Kontagora Road, Nigerian National Petroleum Corporation, nnpc

July 9, 2014

Opinion: Dear NNPC, please bring back our refineries

by Solomon Ben Olonade The big question is simple: Should Nigerian refineries translate now from public to private ownership? Most true Nigerians will argue that the right principle for determining this question is that of national interest. Whatever is not in the best interest of the nation is a wrong option, no matter what... Read More

July 7, 2014

A week to his 52nd birthday, we profile the rise and fall of Farouk Lawan (YNaija Long Read)

by Nchekwube Efunesi As he listened intently – from where he stood in the dock – to the court registrar reeling out all seven counts accusing him of seeking a US$3 million bribe, Farouk Lawan still wore that dazed look of a year ago. It was the look of a man yet to come to... Read More

#YNaijaLongRead, APC, Boniface Emenalo, House of Assembly, Joe Igbokwe, nigeria, nnpc, PDP, ynaija long read, Zakari Mohammed

June 1, 2014

Simon Kolawole: ‘Dem say money no loss o!’

by Simon Kolawole To start with, Sanusi never said money was missing. He didn’t say Jonathan stole money. He didn’t say Diezani Alison-Madueke stole money. He didn’t say NNPC stole money. Go and read the letter again. History repeats itself. In 1977, the military head of state, Lt. Gen. Olusegun Obasanjo, set up a... Read More

money, nnpc, opinion, sanusi lamido sanisu, simon kolawole, ynaija

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

Buhari will investigate $20 billion missing from NNPC account

Today’s Daily Brief: NNPC says why FG should remove oil subsidy, Jonathan/Buhari teams meet, El-Rufai sets up transition committee, and more

Alison-Madueke speaks on the missing $20 billion

Is’haq Kawu: Why I want Gov. Shettima re-elected in Borno

Atedo Peterside: Tales of the unexpected at NNPC and CBN

Azubuike Ishiekwene: But why is President Jonathan lying to us?

Olusegun Adeniyi: Let’s discuss the issue of oil theft in Niger Delta

Release full audit report on NNPC’S missing $20 billion || House of Reps tells Okonjo-Iweala

Opinion: The wait is over, but who will save Abia?

Alison-Madueke orders NNPC to refund $1.48billion debt

NNPC, others indicted in forensic audit report on missing $20 billion

Nigeria loses N21billion to pipeline vandalism in 6 weeks

EFCC arrests syndicate for N115 million oil scam (PHOTOS)

BREAKING: Petroleum pipeline explodes in Ogun

“Agbaje, the apprentice governor” – 7 important things you didn’t read yesterday (but should have)

Feature: Chevron GMoU, a CSR initiative worthy of emulation

Militant leader, Tompolo denies kidnapping 14 journalists

Vandals killed in inferno at NNPC Pipeline

Jonathan approves appointment of Deputy Group Managing Director for NNPC

You can relax now, the oil workers have called off their strike

NNPC sets new three-point agenda to boost oil production

Technical issues set to affect N100bn bond sale

Pipeline vandals are hard at work | Nigeria records an average of 10 pipeline breaks per day

Ebola: Why NNPC shut down its clinic in Lagos today

Ebola patient: NNPC shuts down clinic in Victoria Island, Lagos (LOOK)

Bag of waste causes panic in Kaduna, as people run fearing a bomb

Opinion: Dear NNPC, please bring back our refineries

A week to his 52nd birthday, we profile the rise and fall of Farouk Lawan (YNaija Long Read)

Simon Kolawole: ‘Dem say money no loss o!’

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