Browsing: Department of Petroleum Resources

Allegations of missing money are often translated into naked truth, in this season, without due reflection, and regard for the facts of the case. This is so, in this instance, because of reports of corruption involving and surrounding the OPL 245 transactions and foreign investors – Shell and ENI, into which the courts in the home jurisdictions of those companies are inquiring

Osinbajo said this while answering questions from newsmen against the background of the information by the Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, that the landing cost of petrol in Nigeria is N171, while it is expected to be sold at a maximum of N145 at filling stations