Tag: NNPC
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Boko Haram Terrorists Are ‘419 People’ –Buhari
President Muhammadu Buhari on Tuesday described terrorists of the Boko Haram sect as “fraudulent people” who have been adequately dealt with by his administration since 2015. TheNewsGuru com, (TNG) reports Buhari revealed this in Owerri, the Imo State capital when he was hosted by Governor Hope Uzodimma after he commissioned some projects by the…
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Petrol Subsidy Costs N18.39bn Daily – Finance Minister
The Minister of Finance, Zainab Ahmed, has put the projected daily payment for fuel subsidy at N18.39 billion. She stated this during an investigative hearing of the House ad hoc committee which is investigating the petroleum subsidy regime between 2017 to 2021. “The total amount of subsidy per day is 18.397 billion per day. Also…
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Reps summon auditor-general over NNPC fuel subsidy payment documents
The House of Representatives has summoned the Auditor-General of the Federation (AGF) to appear before it on Aug. 30, for an explanation of fuel subsidy payments between 2013 and 2022. The lawmakers want the auditor-general to provide documentary evidence on the audit carried out on the
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We will soon reveal ‘big men’ behind crude oil theft – Garba Shehu
Malam Garba Shehu, Senior Special Assistant to President Muhammadu Buhari on Media and Publicity has said the federal government would soon reveal the identities of important personalities behind crude oil theft in the country.
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IPMAN set to reduce scarcity of diesel
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has initiated plans to import the Automotive Gas Oil (AGO) diesel to cushion its scarcity. TheNewsGuru.com reports that the energy crisis has engulfed Nigeria, especially the Federal Capital Territory (FCT) and other states, since the scarcity of diesel. The Premium Motor Spirit (PMS) petrol has been very…
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Alleged harassment: IPMAN threatens to shutdown depots
The Independent Petroleum Marketers Association (IPMAN), South East Zone, has threatened to shut down depots in Calabar, Port Harcourt and Enugu over incessant police harassment of its leaders. Mr Robert Obi, Cross River Chairman, IPMAN, made the threat on Friday in Calabar in an interview with newsmen. Obi said the association decided to close all…
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NNPC Limited releases financial report for October 2021
The Nigerian National Petroleum Company Limited (NNPCL) has released its monthly financial and operations report for October 2021, which shows the company supplied a total of 594 million standard cubic feet of gas per day (mmscfd) to gas-fired power plants in the country as against the 557mmscfd supplied in the previous month of September 2021.
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Fuel Subsidy Probe: Profile of 23 Oil Companies not in CAC – Reps
… as Reps vow to unearth them The House of Representatives Ad-hoc Committee investigating subsidy regime payments from 2013 to 2022 has said that the profiles of 23 oil companies trading in Nigeria were missing from Corporate Affairs Commission, CAC portal. The Chairman of the Committee, Hon. Mustapha Ibrahim Aliyu, at the resumed hearing…
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Oil theft: EU, NNPC officials, JTF visit illegal refining sites
The European Union, the Nigerian National Petroleum Company Ltd (NNPC) and the Joint Task Force (JTF) Operation Delta Safe, on Friday visited an illegal refining site in Rivers, to inspect the impacts on the environment. The refinery, already destroyed by the JTF is located in Ahoada West Local Government Area of the state. The visit…
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2023:Akwa Ibom REC’s action not a reflection of INEC’s impartiality -Hon Eyiboh
Hon Eseme Eyiboh, a candidate on the platform of the All Progressives Congress (APC) in Akwa Ibom, has said the position of the state’s Resident Electoral Commissioner (REC) does not reflect the impartiality expected of the Independent National Electoral Commission (INEC). Eyiboh who is seeking to represent Eket/Onna/Esit Eket/Ibeno constituency in the house of…