The Nigerian Petroleum Development Company, NPDC, an upstream subsidiary of the Nigerian National Petroleum Corporation, NNPC, has explained the gap in its supply of gas for power generation.   In a presentation to the House Committee on Local Content, Managing Director of the Company, Mr....

The Kaduna Refining and Petrochemical Company Limited (KRPC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), loses an average of 2.2 billion naira annually to illegal tappingof its raw water pipeline that runs from Kaduna River. The Water generates power for the running of...

The Federation Accounts Allocation Committee (FAAC) distributed the sum of N400 billion among the three tiers of government in January 2017, being the statutory allocations for the month of December 2016. The distributable monthly allocation increased by 13.12 billion compared to N386.87 billion shared in...

Right from Faggae local government in Kano state to Kaduna North, Zaria local government in Kaduna, to many local governments in Lagos state and other suburbs in Southern Nigeria, the continuous cry about power outage has been deafening as the electricity situation in the...

Mr Ibrahim Magu, Acting Chairman of Economic and Financial Crimes Commission (EFCC), has told a committee of the House of Representatives that $9.2 million and 750,000 pounds were recovered from a residence in Kaduna state, belonging to the former Group Managing Director of the...

The Nigerian National Petroleum Corporation (NNPC) has a 36-day sufficiency of petrol, enough to wet the country, its Group General Manager, Dr Maikanti Baru, has said. Speaking during a courtesy visit by the management of the New Telegraph newspaper in Abuja, Dr Baru said that...