NNPC's Split May Generate Tension Says Baru The Group Managing Director of the Nigerian National Petroleum Corporation, Dr Maikanti Baru, said on Thursday that the split of the corporation into two entities if not properly communicated to the workers could generate some tension between the...

How NNPC Forces Marketers To Sell Petrol At Cheaper Rate – Baru   Maikanti Kachalla Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), in this interview with Daily Trust on the sidelines of the 7th OPEC International Seminar in Vienna, Austria, revealed strategies...

We Will Focus On FIRS, Customs After NNPC– FAAC Chairman, Forum of Finance Commissioners, Mr. Mahmood Yunusa, has disclosed that once they are done with the under remittances issue with the Nigerian National Petroleum Corporation (NNPC), the forum will beam its searchlight on the books...

Reps Probe N100bn Underpayment By NNPC   The House of Representatives has ordered an investigation into the alleged underpayment of over N100bn to the Federation Account by the Nigerian National Petroleum Corporation. On account of the non-remittance from crude oil sale proceeds, the monthly Federation Account Allocation...

N20bn Underpayment: Osinbajo To Resolve NNPC, FAAC Disagreement The disagreement between the Nigerian National Petroleum Corporation and the Federation Account Allocation Committee over the alleged underpayment of N20bn by the NNPC to the Federation Account has been brought to the table of the Vice President,...

In 3years Nigeria Earned N3.2tr From Royalties , PPT   The Federal Government received N3.211 trillion as Petroleum Profits Tax (PPT) and Royalties from the third quarter of 2015 to third quarter of 2017, according to the Economic Report of the Central Bank of Nigeria (CBN). Breakdown...