The NNPC in a release by its Group General Manager, Group Public Affairs Division, Ndu Ughamadu, said in line with the ongoing reforms in the industry, the Management of the Corporation under the leadership of Dr. Maikanti Baru is committed to ensuring transparency and adequate public information on the ongoing recovery effort
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NNPC commended Taleveras and other companies involved in the crude swap for reconciling their accounts and agreeing on a settlement plan to bring this long standing matter to a closure
Baru said this in Abuja on Friday in a statement signed by Ndu Ughamadu, the Corporation’s Group General Manager, Group Public Affairs Division
This was contained in a statement on the corporation’s website
The House ad hoc Committee on the Review of Petroleum Pump Price, which issued the summons, said the two were to explain issues over alleged diversion of foreign exchange by some oil marketers between 2016 and 2017
Receiving the National Coordinator of the New Partnership for African Development, Gloria Akobundu, during a courtesy visit, Baru noted that phosphate production would rejuvenate agriculture
The Minister of Finance, Kemi Adeosun, revealed this to newsmen in Abuja
The NNPC similarly accused MRS, but said the company had returned 30 million litres that it initially diverted
Providing details of the act by the companies, Henry Ikem-Obih, the NNPC Chief Operating Officer, Downstream, told journalists in Abuja that the infraction was discovered earlier in the year
Prof. Nuhu Obaje, the Director of the Ibrahim Badamasi Babaginda University Research Centre, Lapai, made this known on Thursday in Lagos
Yakubu’s journey to the dock started on February 3, 2017 when operatives of the EFCC stormed a building belonging to the former NNPC boss and recovered a staggering sum of $9.772 million stashed in a huge fire proof safe
Efforts are still on by the Navy to lock the oil well head
The corporation made the denial in a statement in Abuja by Ndu Ughamadu, its Group General Manager, Group Public Affairs Division
Peter Ogbobine, theDirector Legal of NEITI, told the News Agency of Nigeria in Abuja on Tuesday that the figure was the accumulation from 2000 to 2014
The NNPC said this in a statement in Abuja by the corporation’s Group General Manager, Group Public Affairs Division, Ndu Ughamadu, on Monday
The charge was contained in court papers filed on March 9 at the Federal High Court
Yakubu had approached a Federal High Court sitting in Abuja to challenge his continuous detention by the EFCC for about a month now
Counsel to Yakubu, Adeola Adedipe, told the court that the matter was brought pursuant to Order 8 Rule 4 of the Fundamental Rights Enforcement Procedure Rules
NAPIMS, which was represented by Engineer Catherine Ngozi Iheme at the budget defence of the agency, said the budget of the agency for 2016 was $168 million
IPMAN said this in Abuja in a statement released by Ndu Ughamadu, the NNPC Group General Manager, Public Affairs Division