nnpc

October 9, 2017

I am not mandated to discuss contracts with you | Baru replies Kachikwu

The Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti Baru on Monday responded to the allegations made against him by Minister of State for Petroleum Resources in a memo to President Muhammadu Buhari. Background: Kachikwu had written a memo to President Buhari, alleging that Baru was involved in a $25 billion contract scam.... Read More

Ibe Kachikwu, Maikanti Baru, mandate, nnpc, petition, reply

October 9, 2017

‘NNPC to reply Kachikwu’s contract scam allegations’

The Nigerian National Petroleum Corporation (NNPC) will on Monday respond the allegations levelled against its Group Managing Director Maikanti Baru by the Minister of State, Petroleum Resources, Ibe Kachikwu, Daily Trust reports. According to Daily Trust, a senior NNPC official said the corporation has gotten the permission to respond to the allegations. Kachikwu in his letter to... Read More

allegations, contract scam, Ibe Kachikwu, nnpc, reply

October 9, 2017

The YNaija Tracklist: Fans were injured but nobody died during Nigeria-Zambia clash – NFF | How Evans plotted to escape | More stories

From the papers this morning – a tracklist. Why Buhari must suspend Kachikwu, Baru immediately – Senate panel chairman – YNaija Abia AG donates mattresses to prisons overcrowded by IPOB members – YNaija ‘Nigerian lawmakers earn more than their Ghanaian counterparts, Trump’ – YNaija Why have you refused to act on report on Babachir, Ikoyi... Read More

Ibe Jachikeu, IPOB, mattresses, nff, Nigeria-Zambia, nnpc, President Muhammadu Buhari, The YNaija Tracklist

October 7, 2017

I have never seen this kind of scandal | Gov Wike reacts to the $26bn NNPC fraud

The Governor of Rivers, Nyesom Wike, has accused the ruling All Progressives Congress (APC) of increasing the degree of corruption – saying its the worst since independence. Wike said the mind-blogging $26 billion monumental corruption unveiled in the leaked memo of the Minister of State for Petroleum, Dr. Ibe Kachikwu, had brought to the fore... Read More

corruption, Ibe Kachikwu, nnpc, Nyesom Wike

October 6, 2017

[The Activism Blog] Kachikwu’s petition: SERAP asks Buhari to suspend Baru

The Social Economic Rights and Accountability Project (SERAP) has asked President Muhammadu Buhari to suspend the NNPC Managing Director Maikanti Baru. In a statement on Thursday, October 5, 2017, the SERAP Executive Director, Adetokunbo Mumuni stated that, “SERAP is concerned that years of systemic corruption within the NNPC and looting of Nigeria’s natural resources have... Read More

Counter Culture Blog

Ibe Kachikwu, Maikanti Baru, nnpc, President Muhammadu Buhari

October 6, 2017

No comment | Kachikwu says after meeting Buhari

Minister of State for Petroleum Resources, Ibe Kachikwu refused to speak with the media after his interview with President Muhammadu Buhari. What happened: Kachikwu had written to President Buhari, claiming that the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) was sidelining him. He also accused Baru of corrupt practices and insubordination. He... Read More

Ibe Kachikwu, nnpc, No comment, President Muhammadu Buhari

October 6, 2017

President Buhari meets with Ibe Kachikwu

President Muhammadu Buhari and the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, are currently meeting behind closed doors at the Presidential Villa, Abuja. The meeting is a consequence of the personal letter from Kachikwu to the President, that was “leaked” to the public. Kachikiw, in the letter, had complained of the conduct of... Read More

Ibe Kachikwu, Maikanti Baru, nnpc, President Muhammadu Buhari

October 6, 2017

The Thread: All the APC fanboys who have lost their voice over Buhari-Baru’s NNPC $26Billion contract scandal

Political Twitter Nigeria can be an amusing and deadly space, and should, therefore, come with a caveat: enter at your own risk. We’re issuing you a caveat in respect of this post: Highly prejudiced. Proceed at your own risk. The reason is simple- party politics is at play. Ever since Ibe Kachikwu’s leaked memo on... Read More

@ayourb, 26 Billion contract scandal, Buhari, Ediong, Ibe Kachikwu, Leaked memo, Mark Essien, nnpc, omojuwa, party politics, The Thread, Twitter Nigeria

October 5, 2017

We didn’t collude with banks to prevent remittance of funds into the TSA – NNPC

The Nigerian National Petroleum Corporation (NNPC) has denied the report that it was aware that some banks did not remit funds into the treasury single accounts (TSA) as directed by the Federal Government. The agency said reports that it colluded with the banks are false. In a statement by Ndu Ughamadu, Group General Manager, Group... Read More

banks, collude, nnpc, remit, TSA

October 5, 2017

Femi Fani-Kayode: The travails of Ibe Kachikwu and a lesson for the house niggers

by Femi Fani-Kayode I have little doubt that Ibe Kachikwu, the Minister of State for Petroleum Resources and Energy, regrets the day that he left the relative comfort of the private sector and entered the stormy waters of Nigerian politics. I am sure that he curses the day that he met President Muhammadu Buhari, that... Read More

Baru, Buhari, Femi Fani-Kayode, Ibe Kachikwu, nigeria, nnpc, Politics

October 5, 2017

The Big 5: Kachikwu’s explosive letter lands him meeting with Buhari; Reps issue warrant for Magu’s arrest; and other top stories

Good morning. Here are the top 5 stories you should be monitoring today: So, Minister of Petroleum Resource, Ibe Kachikwi’s explosive tell-all letter to President Muhammadu Buhari which got leaked online has stirred a major uproar amongst Nigerians, putting a big question mark on the Buhari-led administration, and even causing the Senate to open an... Read More

Featured, The News Blog

EFCC, House of Reps, Ibe Kachikwu, ibrahim magu, nnpc, President Muhammadu Buhari, The Big 5

October 5, 2017

The Thread: “Buhari is a thief” “Fela sang about him” | TwitterNG goes down memory lane

Minister of State for Petroleum Resources, Ibe Kachikwu opened a can of worms when he disclosed the fraudulent schemes in the NNPC, courtesy Baru, the Group Managing Director of the Corporation. TwitterNG has had incredible fun dissecting the implications of the leaked memo, discussing Kachikwu’s future and explaining what this says about our President. [In... Read More

Buhari, corruption, Kachikwu, nigeria, nnpc, PTF, The Thread, We have your Receipts

October 4, 2017

The Thread: “Buhari does not want to see Kachikwu, period!” | Aisha Yesufu’s perspective on the leaked memo

Political Twitter Nigeria is astir again after the memo by Minister of State for Petroleum Resources to Mr President was leaked. In the memo, Kachikwu accused the Group Managing Director of NNPC of non-transparent practices, and contracts valued at over 25 billion naira which did not pass through due process. He also said that he... Read More

Aisha Yesufu, Kachikwu, nigeria, nnpc, The Thread

Buhari, Ibe Kachikwu, Fuel scarcity

October 3, 2017

[The Presidential Blog] This is the Kachikwu letter everyone is raving about

There’s a possibility “Kachikwu” has popped up one or two times on your social media or RSS feeds today. The Minister of State for Petroleum has somewhat attained celebrity status since the streets got hold of a controversial petition he authored and sent to the President. The letter is essentially a petition to the President... Read More

The Presidential Blog

Buhari, Ibe Kachikwu, kachikwu petition, nnpc, Petroleum Minister

September 20, 2017

NNPC begins oil exploration process in Sokoto

The Nigeria National Petroleum Cooperation (NNPC) said it has started the process of oil and gas exploration in Sokoto. NNPC Group Managing Director, Maikanti Baru said this when he received Aminu Tambuwal, governor of Sokoto state, at the NNPC Towers in Abuja. “We have been on the issue of exploration in the frontier basins and so far... Read More

Maikanti Baru, nnpc, oil ezploration, Sokoto

September 13, 2017

NNPC inaugurates committees to rehabilitate refineries

The Nigerian National Petroleum Corporation (NNPC) has inaugurated eight committees to rehabilitate the nation’s refineries. Maikanti Baru, Group Managing Director of the corporation, said this in a statement on Wednesday by Ndu Ughamadu, NNPC spokesman. Baru charged the committees to deploy “out of the box solutions” in revamping the refineries. He said the committee could... Read More

Committee, inaugurate, nnpc, Refineries, rehabilitat

September 12, 2017

[The Activism Blog] Media Rights Agenda names NTA latest recipient of FOI Hall of Shame award

A Non-Governmental Organisation focused on freedom of expression, access to information and media development/persecutions, Media Rights Agenda has named the Nigerian Television Authority (NTA) its latest recipient of the Freedom of Information Hall of Shame award. In a statement issued in Lagos on Monday, September 11, 2017 by Mosunmola Olanrewaju, MRA’s programme manager in charge... Read More

Counter Culture Blog

JAMB, Justice Doris Okuwobi of the Ikeja High Court, Media Rights Agenda, Ministry of Information, nnpc, the Presidency

September 11, 2017

How Diezani shunned the powers of NASS and approved NNPC funds – Report

The 2015 audit report of the Federation Account has uncovered how the former Minister of Petroleum Resources, Diezani Alison-Madueke, assumed the powers of the National Assembly to draw billions in cash from the joint venture cash calls account without appropriation, Premium Times reports. The report: Published last month by the Office of the Accountant General... Read More

Diezani Alison Madueke, Federation Account, national assembly, nnpc, Office of the Accountant-General of the Federation

September 8, 2017

“NNPC does not see a penny from crude sales” – GMD

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, in response to some reports, especially from the Nigeria Extractive Industries Transparency Initiative (NEITI), says monies from sales of crude oil does not enter the oil firm’s accounts. NEITI had said in its March 2017 policy brief that by its own calculations,... Read More

crude oil sales, NEITI, nnpc, oil money

September 4, 2017

Marketers react to NNPC’s claims of reduction in price of fuel

The Nigerian National Petroleum Corporation (NNPC) had on Sunday stated that its sustained intervention in the efficient supply and distribution of petroleum products had led to a significant fall in the price of Premium Motor Spirit, known as petrol; also a significant drop in the price of Liquefied Petroleum Gas, known as cooking gas. The... Read More

cooking gas, Depot and Petroleum Products Marketers Association, nnpc, oil marketers, petrol

September 3, 2017

Ohanaeze urges President Buhari to revisit the NNPC shakeup in the interest of peace

The Ohanaeze Ndigbo has appealed to President Muhammedu Buhari to scrutinise the recent shakeup at the Nigeria National Petroleum Corporation (NNPC) in the interest of peace, unity and good governance. Ohanaeze said in a statement signed by its President General, John Nwodo in Abuja on Sunday, that it is concerned with the way the Buhari... Read More

marginalisation, Ndigbo, nnpc, Ohanaeze, President Muhammadu Buhari

September 3, 2017

NNPC’s sustained intervention has led to reduced prices in petroleum products – Spokesperson

In a statement Sunday, by spokesman of the Nigerian National Petroleum Corporation (NNPC), Ndu Ughamadu, the sustained strategic intervention in the efficient supply and distribution of petroleum products has led to significant fall in the prices of premium motor spirit (PMS), also known as petrol, and liquefied petroleum gas (LPG), also known as cooking gas, nationwide.... Read More

diesels, Fuel, Ndu Ughamadu, nnpc, petroleum products

August 29, 2017

Just In: Shake-up in NNPC, major executives affected

The Nigeria National Petroleum Corporation (NNPC) says it has reshuffled the management staff of some units of the corporation. In a statement released on Tuesday by the NNPC spokesman, Ndu Ughamadu, said 55 management staff were affected in the exercise. The statement: …Roland Ewubare is New Head of NAPIMS The ongoing restructuring of the Nigerian... Read More

NAPIMS, Ndu Ughamadu, nnpc

August 29, 2017

NNPC increases gas supply to power plants by 123%

The Nigerian National Petroleum Corporation (NNPC) has increased daily average natural gas supply to the nation’s gas power plants by 123 per cent to 730 million standard cubic feet per day (mmscf/d). The Corporation, in its June 2017 Monthly Financial and Operations Report released in a statement today and signed by the Group General Manager,... Read More

gas and power, nnpc

August 23, 2017

Forged crude oil allocation letters in circulation – NNPC

The Nigerian National Petroleum Corporation (NNPC) on Tuesday said some fraudsters are circulating forged letters of crude oil allocation with the intent of defrauding unsuspecting buyers or members of the public. NNPC’s Group Managing Director, Dr. Maikanti Baru disclosed this while speaking at the presentation of commendation letters to 12 personnel of the Crude Oil... Read More

allocations, crude oil, forged letters, fraudsters, nnpc

August 15, 2017

The Big 5: These are the stories you should be monitoring today

These are the too five stories you should monitor today. 1. I don’t know if Nigeria is paying for Buhari’s treatment – Adesina Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina has said he is not sure if the Federal Government foots the bill for the medical treatment of the President. 2. Constituency projects by lawmakers is... Read More

ASUU, Femi Adesina, nnpc, olusegun obasanjo, petrol price, President Muhammadu Buhari, strike, The Big 5

August 15, 2017

The YNaija Tracklist: Biafra: Kanu deceiving Ndigbo, says Okorocha | I don’t know if Nigeria is paying for Buhari’s treatment – Adesina | More stories

From the papers this morning – a tracklist. I don’t know if Nigeria is paying for Buhari’s treatment – Adesina – YNaija We must force the govt to do their work | NLC supports ASUU strike – YNaija Constituency projects by lawmakers is corruption | Obasanjo insists – YNaija I have not indicated interest to... Read More

Femi Adesian, Fuel Price, Nnamdi Kanu, nnpc, President Muhammadu Buhsri, Rochas Okorocha, The YNaija Tracklist

August 15, 2017

We are not planning to increase petrol price – NNPC

The Nigerian National Petroleum Corporation (NNPC) has said there is no plan to increase the pump price of petrol. The Nigerian Labour Congress had recently told the Federal Government not to test its resolve by raising the price of the PMS, popularly known as petrol. NNPC’s Group General Manager for Public Affairs, Mr. Ndu Ughamadu,... Read More

increase, Marketers, nigerians, nnpc, petrol price

Court orders forfeiture of N7.6bn linked to Alison-Madueke

The Federal High Court, Lagos has ordered the interim forfeiture of N7,646,700,000 said to have been hidden in Sterling Bank Plc. The Economic and Financial Crimes Commission (EFCC) linked the illegal acquisition to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. According to Channels Television, the Commission who wanted the money forfeited to the... Read More

Diezani Alison Madueke, EFCC, nnpc

Skye Bank seeks to take over Omokore’s assets

The management of Skye Bank Plc is planning to take over some oil wells belonging to Jide Omokore, who is involved in some corruption cases, TheCable reports. The bank said Omokore is indebted to it to the tune of about N110bn at an exchange rate of $1/N315. The loans were said to have been obtained... Read More

assets, Jide Omokore, loan, nnpc, oil wells, Skye Bank

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