NNPC Spent N32.56bn On Pipeline Security, Maintenance In Six Months   The Nigerian National Petroleum Corporation has said it spent a total of N32.56bn on pipeline security and maintenance from February to July this year. The NNPC spent N5.81bn on pipeline security and management in February; N5.32bn...

Local Airlines Spend N44bn Annually On Overseas Maintenance       Overseas maintenance of aircraft costs scheduled local airlines excess of N44 billion yearly. The capital flight, from a conservative estimate of about 70 operating airplanes, lately soared given the black market exchange rate of close to N500/$1. Stakeholders said...

Depot, Pipeline Maintenance Gulped N167bn In 13 Months     The Nigerian National Petroleum Corporation (NNPC) spent about N167 billion to maintain its networks of pipelines and depots in one year, official records have shown. A new agency, Nigerian Pipelines and Storage Company (NPSC), was created out of...