The Nigeria Extractive Industries Transparency Initiative (NEITI) says Nigerian National Petroleum Corporation (NNPC) is yet to remit 15.8 billion dollars collected from Nigeria Liquefied Natural Gas (LNG) to the Federation account, in spite of the report submitted to the Federal Government.
Acting Executive Secretary of...
NBS: The economy seems to be on its way to recovery as inflation rate dropped in February falling to 17.78 percent.
It is the lowest level in 15 months and driven by a slower rise in general price levels, the National Bureau of Statistics said.
The...
We Did Not Spend $9 million on Staff Transfer- NNPC
The National Petroleum Investment and Management Services, NAPIMS, a Corporate Services Unit of the Nigerian National Petroleum Corporation, NNPC, did not spend $9million on staff transfer alone, neither did it commit $2million to vehicles maintenance...
The Nigerian National Petroleum Corporation (NNPC) has urged the National Assembly to pass the Petroleum Industry Bill (PIB) into law to dispel the air of uncertainty around the industry, create an enabling environment for the industry to flourish and dissuade the International Oil Companies...
The former Minister of Justice and Attorney General of the Federation, Mohammed Bello Adoke (SAN) has insisted that the controversial Malabu oil Block Agreement was endorsed by the previous administrations of Presidents Olusegun Obasanjo, Umaru Musa Yar’Adua and Goodluck Jonathan.
In an official letter written...
The Minister of State for Environment, Ibrahim Usman Jibril has disclosed that the Federal Government was set to power nine Universities in the country with Solar Energy as part of its efforts to ensure a clean and healthy environment. The Minister gave this hint...