Tag: NNPC
-
Why Nigerians are experiencing fuel scarcity – IPMAN
The Independent Petroleum Association of Nigeria (lPMAN) has attributed the current fuel scarcity to the unavailability of petroleum products and difficulty in accessing foreign exchange by marketers.
-
Giant strides in Nigeria’s oil and gas sector excite stakeholders
President Muhammadu Buhari has drawn accolades from stakeholders in the oil and gas sector of the Nigerian economy for the giant strides recorded in the sector.
-
Sen. Ararume sues FG over alleged unlawful removal as NNPC Chair
Sen. Ifeanyi Ararume has instituted a N100 billion suit against the Federal Government at the Federal High Court, Abuja over his alleged unlawful removal as a non-Executive Chairman of the newly Incorporated Nigeria National Petroleum Company (NNPC).
-
NNPC reforms: My life is being threatened – GMD
The Group Managing Director (GMD) of the Nigeria National Petroleum Company (NNPC Ltd), Mr Mele Kyari, has said that he is receiving death threats as a result of the ongoing reformation in the NNPC. Kyari made this know on Wednesday in Abuja at the Legislative Transparency and Accountability summit organised by the House of Representatives…
-
SPECIAL REPORT: Prolonged fuel scarcity questions FG’s N17bn tracking technology
Long queues of vehicles parked at filling stations and roads littered with petrol hawkers have become common sights in major cities across the country as fuel scarcity lingers for weeks, pushing up the prices of transportation and food commodities in an already fragile economy. Despite subsidy payments rising to an average of N500bn per month,…
-
IPMAN reveals cause of fuel scarcity
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Western Zone, has attributed the increase in the pump price of Premium Motor Spirit to the hike in private depot prices. Alhaji Dele Tajudeen, Chairman, IPMAN Western Wone, disclosed this an interview NAN on Tuesday in Lagos.
-
Don’t panic, NMDPRA gives update on fuel scarcity
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has appealed to Nigerians not to engage in panic buying of petrol, saying it has enough in stock. Mr Farouk Ahmed, the Chief Executive Officer, NMDPRA confirmed to NAN in Lagos on Tuesday.
-
Tompolo is new Minister, NNPC GMD, Head Navy, DSS and Custom – By Mideno Bayagbon
100 days after General Muhammadu Buhari became president, Femi Adesina, his Special Adviser on media gleefully announced that a new Sheriff was in town. He told the world that corruption had nose-dived and taken a flight on the assumed body language of the President. Almost seven years and seven months later, with corruption more emboldened…
-
How I ameliorated the terrible electricity situation in Southeast -Bart Nnaji
Nigeria’s former Minister of Power, Prof. Bart Nnaji, has revealed how he helped in ameliorating the terrible electricity situation in the Southeast by setting up a 188-megawatt power plant in Aba through his company, Geometric Power. Nnaji, the chairman and CEO of Geometric Power Limited, made the disclosure on Tuesday at the 58th birthday of…
-
To say Nigeria consumes 66m ltrs of fuel daily, are we drinking petrol?- Sanusi queries NNPC
“The NNPC says we are consuming 66 million litres per day. Please tell me, is it the population? Is it the number of cars? Just ask yourself if it makes sense that in three years you increase your consumption of petrol by 50%. Are we drinking petrol?” These were the words of a former governor…