According to him, records made available to the committee shows that so far the money realised from the subsidy funds is up to N800 billion
Browsing: NNPC
A statement issued by the acting Group General Manager, Public Affairs, Tumini Green, in Abuja, said it was a minor incident of which repair works had since commenced
The committee also directed the NNPC Group Managing Director, Andrew Yakubu, to supply it with details of excess crude swap and the number of aircraft in the fleet of the NNPC
It was gathered that the tank that was gutted by fire had its thunder and lightening ‘arrestor’, a vital safety device to prevent thunder attack, stolen few months ago
A statement issued by the Acting Group General Manager, Group Public Affairs Division of the Corporation, Tumini Green, explained that the fire, which started around 11am, was successfully extinguished without any fatality
This was contained in a statement issued in Abuja on Sunday by NNPC’s acting Group General Manager (Public Affairs), Tumini Green
Yakubu’s assurance was contained in a statement by the Group General Manager, Public Affairs of the Corporation, Tumini Green, on Wednesday in Abuja
Green condemned the persistent attack on pipelines of the Petroleum Products Marketing Company, stressing that pipeline vandalism has cost the Corporation several billions of naira that would have impacted positively on the national economy
“Recently, there was even an account and they are saying that we don’t own the account and I asked who went to open the account
At the same time Ms. Green emphatically stated that “not all revenues collected by NNPC are paid directly into the accounts of
Federal Allocation with the Central Bank of Nigeria. Some are paid
into the accounts of the relevant government agencies, like the
Federal Inland Revenue Services and the Department of Petroleum
Resources, with the CBN. But eventually, all these payments are credited to the accounts of Federation Accounts Allocation Committee,FAAC
According to the chairman, more than 50 per cent of the petitions are based on unlawful sack, especially by government agencies, adding that more of the complaints are also by policemen against the police
The governor, in a media chat as part of activities to mark the nation’s 53rd Independence Anniversary, said many states are unable to pay salaries and meet other financial obligations and this may have serious security implications
Jungudo said: “We woke up around 4.30am on Saturday only to discover that the stream had been contaminated with petroleum due to the pipeline burst
Top on the reform agenda of the government, according to Yakubu, is the determined efforts of the Federal Government to ensure that the country’s three refineries – the Warri Refinery and Petrochemical Company, the Port Harcourt Refinery and Petrochemical Company and the Kaduna Refinery and Petrochemical Company – become fully operational
“One of such is the setting up of a Security Strategy Committee headed by Governor Emmanuel Uduaghan of Delta,” the statement said
Uduaghan, who fielded questions from journalists in Lagos, particularly singled out the Nigeria National Petroleum Corporation for blame for the nation’s dwindling fortune in revenue earnings
He said: “The corporation wishes to seek the consideration, appreciation and support of the committee to exempt the NNPC from the remittance of operating surplus to the consolidated revenue fund
The assurance was contained in a statement issued in Abuja on Monday by Chinwe Agulefo, the Acting Group General Manager, Public Affairs of the NNPC
It said the NNPC was quick to respond because of its determination to ensure that Nigerians do not undergo any form of scarcity in supply of petroleum products as a result of the activities of some unpatriotic citizens
The gunmen trailed the deceased from Kaduna in Kaduna State on his way to Zango Kataf, also in Kaduna State