Report: Taraba governor may be flown out of the country, as Aviation ministry details crash

by Isi Esene Governor Danbaba Suntai of Taraba State who was yesterday reported to have been involved in a plane crash is still in a “critical condition”. Suntai and five other passengers survived the crash but have been receiving emergency care. According to a statement by Joe Obi, the special assistant to the minister of... Read More

adamawa, Cessna 208, Crash, danbaba Suntai, nnpc, PDP, Taraba

September 25, 2012

Wow! Oil companies owe Nigeria N1.57 trillion, greater than our capital budget

by Stanley Azuakola On Friday, the Country Chair of Shell in Nigeria, Mutiu Sunmonu expressed his dissatisfaction with the current Petroleum Industry Bill before the National Assembly. But before he goes about lamenting the bill, we wonder what his opinion is about revelations from the Nigeria Extractive Industries Transparency Initiative (NEITI), which audits the oil... Read More

Addax and ConocoPhilips, Chevron, Conoil, Eni, ExxonMobil, Mutiu Sunmonu, NEITI, nnpc, Ogbonnaya Orji, Shell, Total

September 23, 2012

TICKER: NNPC to flood the country with petrol in two days

he Nigerian National Petroleum Corporation (NNPC) on Saturday gave the assurance of adequate supply of petroleum products nationwide within the next two days. Dr Omar Farouk, the NNPC General Manager, Group Public Affairs Division, gave the assurance in an interview in Lagos. He said that the corporation had taken prompt measures to eradicate queues in... Read More

Fuel, nnpc, scarcity

September 17, 2012

Petrol scarcity bites in Lagos, other South West states

by Isi Esene Scarcity of petroleum products is slowly creeping into Lagos and other south-west states due to the vandalization of the Arepo distribution pipeline which supplies products to depots in these states. The scarcity will affect Lagos, Ogun, Oyo, Kwara and Ondo States because petroleum products from the Atlas Cove jetty is normally conveyed... Read More

Arepo, Atlas Cove Jetty, Bode-Saadu, Erin-Ile, Farouk Ibrahim, Ilorin, kwara, lagos, nnpc, Offa, Ogun, Omu-Aran, Ondo, Oyo, pipeline, vandals

August 1, 2012

Above the law: We are not bound by the FOI Act, says NNPC

by Stanley Azuakola One of the frustrations of ordinary Nigerians is the feeling that some people are above the law. Despite the words of assurances from various governments, the evidence on ground points to the fact that members of the elite select the laws to obey. Still, it is uncommon to hear them openly voice... Read More

Daily Trust, Freedom of Information, nnpc, recruitment exercise

July 25, 2012

Opinion: PIB – The perambulation continues

by Uche Igwe My view still remains that contrary to the sponsored rhetoric, the Federal Government has no intention of reforming the oil and gas industry. I was invited to a roundtable on the Petroleum Industry Bill organised by the African Studies Department of the Johns Hopkins University in Washington DC on November 3, 2010.... Read More

nigeria, nnpc, petroleum industry bill, uche igwe

July 2, 2012

Worth the wait? Inside the new Petroleum Industry Bill

by Stanley Azuakola The wait is almost over. Years have gone by since the Petroleum Industry Bill (PIB) was first proposed. In fact, the last attempt, introduced in 2008 when Rilwanu Lukman was still Minister of Petroleum, died with the last assembly in 2011. President Jonathan who promised to re-submit that bill when elected has spent... Read More

Diezani Allison-Madueke, nigeria, nnpc, oil communities, petroleum industry bill, Petroleum Ministry, PIB

June 28, 2012

Opinion: A country hijacked by cabals

by Mohammed Zagga ONCE again, the House of Representatives is in the storm of another bribery scandal, coming two months after the suspension of the Committee on Capital Markets, led by Herman Hembe. In the latest scandal, the Chairman of the ad-hoc Committee on Fuel Subsidy Probe, Malam Faruk Lawan, was allegedly caught on video receiving a $620,000... Read More

boko haram, Cabal, Goodluck Jonathan, nigeria, nnpc, Oil, trouble

June 28, 2012

Opinion: How Obasanjo underdeveloped Nigeria

By Muhammad Sageer Whatever catastrophe we are going through in this country is the brainchild of ex-president, Olusegun Obasanjo. Obasanjo is the genesis of almost Nigerian problem. When Obasanjo first came to power in 1999, many Nigerians had high hopes but unfortunately we never knew he came to destroy us. We had a tyrant in democracy toga.... Read More

Bribery, extra judicial killings, nigeria, nnpc, Obasanjo, Oil, schools, World Citizen

June 27, 2012

Taking 419 to the big leagues: firms offer up to $10 million discounts on Nigerian oil

by Tolu Orekoya Nigerian scammers have spread their wings and graduated to the big leagues, invading the oil sector. In a report by Reuters, no-name firms are claiming to be in the Nigerian oil big-leagues and able to provide thousands of barrels of oil at such a deep discount the buyer could potentially save up to $10... Read More

419, bunkering, Change, Fraud, illegal, nigeria, nnpc, Oil, scam

June 26, 2012

President Jonathan sacks NNPC GMD

by Stanley Azuakola Mr. Austen Oniwon, the Group Managing Director of the Nigerian National Petroleum Organisation (NNPC) has been removed by President Goodluck Jonathan. Oniwon wasn’t the only casualty, as other top management staffs of the organisation were also sacked. They include Mr. Michael Arokodare, the outgoing Group Executive Director (Finance and Accounts), Mr. Philip... Read More

Andrew Yakubu, Austen Oniwon, Goodluck Jonathan, nnpc, sack

June 23, 2012

Opinion: Is fuel scarcity inevitable this year?

by Henry Boyo In the light of the attrition, social stress and economic losses experienced during extended periods of fuel scarcity in recent years, Nigerians would pray that such traumatic situations do not arise again. Even if all indicators pointed to imminent fuel scarcity, it is unlikely that any government official would summon the courage... Read More

Access Bank, Finance, fuel subsidy, ministry, nnpc, Okonjo-Iweala

June 5, 2012

#Danacrash: NNPC in grief, lose four senior employees in crash

The Nigeria National Petroleum Corporation (NNPC) lost four senior members of staff last Sunday in the crash of Dana Airline Flight 9J-922. NNPC staff lost in the tragedy include the Group General Manager, Group Public Affairs, Levi Ajuonuma; Manager, Pipeline and Depot Projects, Okikiolu Olukayode; Senior Contract Specialist on Secondment to Brass LNG; and the... Read More

Austin Oniwon, Levi Ajuonuma, Nagidi Ibrahim, nnpc, Okikiolu Olukayode

June 3, 2012

Update 1: Report says NNPC GM Public Affairs among casualties in crashed plane

Premium Times is reporting that the NNPC’s General Manager in charge of Public Affairs, Dr Levi Ajuonuma, was one of the casualties in the McDonnell Douglas (MD-83) aircraft operated by Dana Air, which crashed in Lagos today. The flight, arriving Lagos from Abuja, crashed with less than four minutes to landing. Dana airline has said it... Read More

#DanaCrash, Crash, Dana, FAAN, Levi Ajuonuma, NCAA, nnpc

May 23, 2012

You are “probably” quite unfair to me, Diezani Allison-Madueke on subsidy probe

by Stanley Azuakola Has the president’s call for arrests stemming from the fuel subsidy probe report caused unrest at NNPC? It appears so. At a ministerial forum in Abuja on Tuesday, Nigeria’s Minister of Petroleum Resources, Diezani Alison-Madueke, cried out in defiance against the report of the House of Representatives Ad hoc Committee on Subsidy Probe.... Read More

arrest, Committee, Diezani Allison-Madueke, nigeria fuel subsidy probe, nnpc, Petroleum Minister

May 1, 2012

Iyinoluwa Aboyeji: There is nothing new about the fuel subsidy report (YNaija FrontPage)

I can’t be held accountable, D’Evils beating me down, boo Got me running with guys, making G’s, telling lies that sound true – Jay-Z “D’evils” This week’s column will be pretty short because I have said whatever I have to say about this week’s hot topic in its entirety before and not much has changed... Read More

House of Reps, lawan, nnpc

April 26, 2012

Akintunde Oyebode: There is nothing to write (YNaija FrontPage)

I am proud of the diversity of my friends; their careers and personalities. Perhaps that’s why I was not surprised to discover a friend I erroneously thought to be a finance geek, is actually a well-disguised smuggler. Last month, he informed a few of us of a plan to visit Nigeria for a few days... Read More

angry, CBN, House of Reps, nnpc

April 23, 2012

“Totally unfounded and absurd” – NNPC attacks the subsidy probe report

by Lekan Olanrewaju The report from the just concluded fuel subsidy probe was released a few days ago. It indicted several agencies, including the Nigerian National Petroleum Commission, NNPC, for the mismanagement of N1.7 trillion. The NNPC has now responded, denying the allegations, and demanding evidence to back up the claims by the Farouk Lawan-led... Read More

house of reps subsidy probe, nnpc

April 9, 2012

Report: NNPC’s failure to remit monthly revenue causes panic – Is Nigeria Broke?

by Chi Ibe SaharaReporters has claimed to have obtained a text message allegedly sent to members of the Federation Account Allocation Committee to pay monthly proceeds to the Nigerian treasury. According to the report, NNPC’s inability to remit funds means that the committee does not have enough funds to share among the three tiers of government... Read More

Federation Account Allocation Committee, nnpc, SaharaReporters

April 5, 2012

“Working Perfectly Well”: NNPC says it has revived 3 refineries – Good news?

by Lekan Olanrewaju The Group Executive Director (GED), Refining and Petrochemical of Nigerian National Petroleum Corporation (NNPC), Philip Chukwu, in Kaduna, on Tuesday, announced that the three refineries in Warri, Port Harcourt and Kaduna have been revived and are now running. “We have seen the Kaduna refinery increase production from a very low level to what... Read More

nnpc, Petroleum, Refineries

January 28, 2012

#BBViral: House of Reps Subsidy Probe

Farouk Lawan: what is Nigeria’s daily fuel consumption? Diezieni: 52million Liters NNPC: 35m liters DPR: 43m liters PPPRA: 24M liters Okonjo: 40M liters Farouk Lawan: What was the subsidy for 2011? Diezieni: 1.4Trillion Okonjo: 1.3Trillion CBN: 1.7Trillion Farouk Lawan: Can we have the KPMG REPORT? Okonjo: I have to go through the report first Diezieni:... Read More

bb viral, diezian allison-madueke, house of reps subsidy probe, ngozi okonjo iweala, nnpc, pppra

January 23, 2012

#OccupyNigeriaReview: Move over ‘impasse’, the new Nigerian word is ‘deadlock’!

By Adebola Rayo Every time something happens in Nigeria, we add new words to our vocabulary. I’m sure we all remember “cabal”, which started while Yar’Adua lay comatose and an unknown and (at the time) untouchable cabal supposedy ran the country. The word was resurrected by Jonathan when the subsidy issue started, of course there... Read More

fuel subsidy removal, Goodluck Jonathan, ngozi okonjo iweala, nigerian labour congress, nnpc

January 4, 2012

History in Progress! Muslims & Christians in Kano come together for over 10 hours to protest #FuelSubsidyRemoval – See Photos

by Seyi Lawal Nigerians have witnessed a remarkable sense of unity of purpose, bound together by rage over the fuel subsidy removal policy of the Federal Government of Nigeria, across the country from Lokojo to Ilorin, Lagos to Ibadan. And now, in Kano, the #OccupyNigeria protest, or the #HarmattanRevolution as some have called it, is... Read More