A statement issued by Oluyinka Akintunde, her Special Advise, Media and Communications, said Adeosun gave this explanation on Thursday in Abuja, at the 89th Meeting of the National Economic Council.
Browsing: NNPC
The Group General Manager, Group Public Affairs of the NNPC, Ndu Ughamadu, said in a statement that the June remittance was in line with the terms of agreement it reached with governors on the matter.
At the height of this reign of impunity and vast corruption, the former Governor of the Central Bank of Nigeria and the present Emir of Kano, Sanusi Lamido Sanusi, had in 2014 accused the NNPC of failing to remit $20 billion into the coffers of government. This was during the era of high oil prices. He had also complained about the lack of transparency in the operations of the subsidy payment regime and was booted out of office for blowing the whistle on corruption.
Addressing a world press conference in Warri, Delta State on Friday evening, under the auspices of Niger Delta Ethnic Nationalities Youth Leaders Council, the leaders said the JTF has failed in its mandate to rid the region of illegal oil bunkering.
The Chairman of the committee, Senator Solomon Adeola, made this known in a statement by his Media Adviser, Kayode Odunaro on Sunday in Abuja.
NNPC in a statement by its spokesperson, Ndu Ughamadu, traced the origin of the purported compensation story to a traditional ruler,regarded as a claimant to the Alesa-Eleme traditional stool.
He added that the road was strategic and would promote the growth of agricultural activities, boost business for industries in the axis and create employment opportunities.
Yari, who stated this while responding to questions after the meeting of NEC which was chaired by Vice-President, Yemi Osinbajo at the presidential villa, Abuja on Thursday, said the governors would next month (June) take decision on whether to take responsibility for the subsidy in their states or not.
The AASG in a press statement signed by its Coordinator, Oladimeji Fabiyi, said the Buhari administration was least qualified to pass a remark about ideas geared towards modernizing and optimizing the operations of the Nigerian oil and gas sector, and indeed of any other sector of the economy.
A statement released in Abuja by the NNPC Spokesman, Ndu Ughamadu, said the branch Chairman, Comrade Mathew Duru, commended Baru for operating an open-door policy and making staff welfare a priority.
A press statement by the NNPC Spokesman, Ndu Ughamadu, in Abuja on Sunday, said the information was reported in the corporation’s monthly Financial and Operations report for January 2018.
A statement by Ndu Ughamadu, NNPC Spokesman, said Group Managing Director of the Corporation, Dr Maikanti Baru, made the pledge at the 4th Quadrennial Delegates Conference of the Petroleum Tanker Drivers in Abuja on Thursday.
According to Baru, despite being the market leader in the sector, the company will establish more mega stations and is in the process of identifying the areas where such stations will be economically viable.
The Commissioner of Police in the state, Edgal Imohimi, disclosed this to newsmen, saying that the suspects were arrested based on information received by the intelligence arm of the command.
In a statement in Abuja on Sunday, the NNPC spokesman, Ndu Ughamadu, said that the advertisement was intended to mislead innocent members of the public.
The statement said the Company has over the years continued to go into communities to create awareness and educate the Nigerian populace on how best to protect themselves from malaria.
Other personalities honoured by the professional accounting body at the award ceremony included the Chairman of the Federal Inland Revenue Service, Babatunde Fowler; Akarigbo of Remo, Oba Babatunde Ajayi; and a retired Fellow of ICAN, Margaret Unubun.
Mahmoud Yunusa, Chairman, Forum of Finance Commissioners of FAAC, who disclosed this to newsmen in Abuja, said the postponement was unfortunate.
The sources told News Agency of Nigeria that the suspects were vandalising pipelines and stealing petroleum products from NNPC pipes in the creeks.
Baru gave the advice on Saturday in Misau at the inauguration of the Association of Professional Women Engineers, programme title: “Invent it, Build it”.