Falana said: “Instead of piling up external loans the federal government should be compelled by the Nigerian people to embark on the immediate recovery and repatriation of hundreds of billions of dollars from the NNPC.”
Browsing: Nigerian National Petroleum Corporation
This was disclosed in Abuja on Thursday during the inauguration of the Okpai Phase II power project by the Group Managing Director of the NNPC, Dr. Maikanti Kacalla Baru
The NNPC had on October 31, signed a Memorandum of Understanding with the Ondo State Government, to establish a 65,000 million litres bio-fuel plant in Ondo to provide one million jobs.
The NNPC Group Managing Director, Dr. Maikanti Baru, said this when he received Ondo State Governor, Oluwarotimi Akeredolu, on a courtesy visit.
A statement by Ndu Ughamadu, NNPC Group General Manager, Public Affairs Division, said this was part of efforts to consolidate on the successes recorded in the steady supply and distribution of petroleum products across the country.
A statement by its group General Manager, Group Public Affairs Division, Ndu Ughamadu, in Abuja on Sunday said the flag off was a sign of commitment to growing the nation’s crude oil reserves and increasing daily national production.
Baru made the revelation in a statement by Ndu Ughamadu, the NNPC Group Public Affairs Manager, in Abuja
The committee also disclosed that the Nigerian National Petroleum Corporation ran on deficit of about N3.115 trillion between 2012 and 2016
Baru made this disclosure during a Gas Roundtable meeting for Chief Executives and Directors levels of the oil and gas companies, organized by the Nigerian Gas Association, where he was named the Pioneer Advisory Board Chairman of the NGA
The investigative hearing had been scheduled for this week Tuesday by the Ad-hoc Committee mandated to look into the allegation
The board was inaugurated on Tuesday during an Executive Gas Roundtable for Chief Executives and Directors levels of the oil and gas companies meeting in Lagos.
There can be no arguing that Nigerians have a right to deliver a verdict on Buhari at the coming polls, but certain forces, which he himself may not realise, are preparing to deal him the wrong hand
The position of the Presidency was contained in a statement by Laolu Akande, the Senior Special Assistant to the President on Media and Publicity, Office of the Vice President
The breakdown was obtained by the News Agency of Nigeria in a report from the office of the Accountant-General of the Federation, Ahmed Idris, in Abuja
President Buhari had summoned Kachikwu to the Presidential Villa, Abuja for a meeting after the memo became a public document
Osinbajo made this clarification in a statement issued by his Senior Special Assistant on Media and Publicity, Laolu Akande, in Abuja on Thursday
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, had in a memo to President Muhammadu Buhari accused the Group Managing Director of the NNPC, Dr. Maikanti Baru, of unilaterally awarding over $25 billion contracts without recourse to him or the Board of the corporation
The reason why Kachikwu is in tatters, while Baru is hiding under the formidable shadows of the President and his Chief of Staff, Abba Kyari, is because Buhari is involved. And that’s why when all is said and done, no NNPC Board, no Tenders Board, no FEC and, believe me, no National Assembly, can unravel the messy feud between Kachikwu and Baru
The oil giant faulted the Minister’s claim that he was not consulted on $10 billion Crude Term Contracts
Fayose described the allegation of the award of $25 billion contracts without following due process by the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, against the Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, as messy and an embarrassment to the country