Browsing: NNPC

The strike, which would have kicked off on Monday, was shelved because of the intervention by the Federal Government.

“The strike is about the condition of roads in various parts of Nigeria used for the distribution of goods and services including petroleum products.

The Ilorin Zonal Command of the Economic and Financial Crimes Commission prosecuted the impersonation and fraud case.

“The donations are aimed at strengthening advanced practical teaching and research in subsea engineering to give the students the required skills and competences for entry level jobs in the oil and gas industry,” Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo),  Elohor Aiboni, said last Thursday at a ceremony to hand over facilities to the university.

Yakubu also refuted the allegations that some of the money was given to him by Kola Aluko and Jide Omokore

In a statement personally signed by him on Monday, September 20, 2021 in Abuja, Hon. Ogene contended that the forthcoming November 6, 2021 Anambra governorship election has afforded the region an ample opportunity to ingrain itself in the burgeoning national consensus currently being forged.

In a statement issued in Abuja by its Secretary-General, Chief Willy Ezugwu, CNPP insisted that President Muhammadu Buhari should summon the courage to institute a public enquiry into the “fishy deal.”

This is in consonance with Section 53(1) of the Petroleum Industry Act 2021, which requires the Minister of Petroleum Resources to effect the incorporation of the NNPC Limited within six months of commencement of the Act, in consultation with the Minister of Finance on the nominal shares of the company.

He also approved the appointment of the Board and Management of the NNPC Limited with Senator Ifeanyi Ararume as Chairman and the Group Managing-Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, as Chief Executive Officer.

This was contained in a communique after the meeting of the Forum in Enugu on Thursday.

The visit took place on Tuesday in the office of the NNPC GMD at the NNPC Headquarters in Abuja.

This is as some filling stations were selling petrol between N250 to N300 per litre.

The Group Managing Director of NNPC, Mr Mele Kyari, made this known while receiving the NGX team, led by its Chairman, Alhaji Abubakar Mahmoud.

Net profit after tax stood at N287 billion in Year 2020, sequel to the completion of the statutory Annual Audit exercise. What year? 2020. Year of the Coronavirus pandemic,

In a presentation at an interactive session by the Joint Senate Committee on the 2022-2024 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP),  Group Managing Director of the NNPC, Mallam Mele Kyari, said with a price difference of over N100 per litre between what is sold in Nigeria and in countries around the nation, it was difficult to cage the activities of petrol smugglers.

Dabari, who stated this in an interview with the News Agency of Nigeria (NAN) on Thursday, in Yola, added that pursuing the agribusiness programme had become necessary to serve as alternative to oil and the monthly federal allocation.

First, from me. It is a huge debt I should hasten to defray on account of Professor Oloyede’s uncommon capability to indulge his own ‘ayanfes’ across generations, professions and all, in spite of whatever may be their imperfections but not without registering his disciplined preference for pleasant manifestations of ingenuity, hard work and creativity.  He also keeps manifesting all of these qualities which obviously have helped him raise stakes in all his recent positions of high responsibilities

CNPP in its first reaction to the N287 billion profit after tax the corporation recently declared for the year 2020 said, “even though we were all elated when the news broke that the NNPC is now running as a profitable business for the first time in the history of the corporation, the bogus figures are very doubtful.”

Buhari, who doubles as the Minister for Petroleum Resources, said: “I am pleased to announce the declaration of Profit after Tax of N287 billion in Year 2020 by the Nigerian National Petroleum Corporation.

Kokori made the remark during an interview with the News Agency of Nigeria on Tuesday in Ilorin.