Tag: NNPC
$62b IOCs debt: Malami may be compelled to enforce Supreme Court judgment on recovery – Falana
October 11, 2021 … Says it appears the FG isn’t committed to the recovery process Mr. Femi Falana, has asked the Attorney-General of the Federation, Mr. Abubakar Malami, to recover $62 billion debt owed by six international oil companies according to Supreme order. In a letter dated October 8, the senior advocate of Nigeria, said ...NUPENG suspends strike, averts fuel scarcity
The National Union of Petroleum and Gas Workers (NUPENG) on Sunday said that the planned strike by its affiliate members, Petroleum Tanker Drivers (PTD), has been suspended. The strike, which would have kicked off on Monday, was shelved because of the intervention by the Federal Government. Mr Tayo Aboyeji, the South-West Zonal Chairman of NUPENG, ...Please, don’t go on strike: NNPC begs tanker drivers
October 10, 2021 NNPC on Sunday in Abuja called on petroleum tanker drivers to call off its planned strike in the interest and welfare of Nigerians. “The strike is about the condition of roads in various parts of Nigeria used for the distribution of goods and services including petroleum products. “While it is not the ...PIA: Buhari receives NNPC Certificate of incorporation, expects nothing less than a global oil company
Oct. 8, 2021 President Muhammadu Buhari on Friday in Abuja received the certificate of incorporation of the Nigeria National Petroleum Company Limited from the Corporate Affairs Commission (CAC). Speaking at the event, the president noted that with the certification of the company the country expected nothing less from the Board of Directors, the Chief Executive ...Reps summon NNPC GMD over alleged award of contract to foreign firm
OCTOBER 7, 2021 The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, over alleged award of a coastal shipping contract to a foreign company. Rep. Legor Idagbor, the Chairman, House Committee on Nigerian Content Development and Monitoring, issued the summons on Wednesday, in Abuja, during ...Court jails man 28 years for impersonating Presidential spokesman
October 3, 2021 A Kwara state High Court, sitting in Ilorin, has sentenced one Jamiu Isiaka to 28 years at the Mandala Correctional Centre, Ilorin, for impersonating Presidential spokesman, Femi Adesina, to commit fraud against a South Korean national. The Ilorin Zonal command of the Economic and Financial Crimes Commission (EFCC), had on June 14, ...Done and Dusted! CAC completes incorporation of NNPC Ltd
September 29, 2021 It’s now officially NNPC Limited as the Corporate Affairs Commission, CAC, has completed the incorporation of Nigerian National Petroleum Company Limited in accordance with the provisions of the Petroleum Industry Act (PIA), 2021. The PIA was signed into law by President Muhammadu Buhari on Aug. 16. Specifically, Section 53(1) of the Petroleum ...As OPEC reopens the taps, Nigeria, Angola losing race to pump more, struggling to raise output
Sept. 27, 2021 Top African oil exporters, Nigeria and Angola will struggle to boost output to their OPEC quota levels until at least next year as underinvestment and nagging maintenance problems continue to hobble output, sources at their respective oil firms warn. Their battle mirrors that of several other members of the OPEC+ group who ...President Buhari directs incorporation of NNPC, appoints board
Sept. 19, 2021 President Muhammadu Buhari, in his capacity as Minister of Petroleum Resources, has directed the incorporation of the Nigerian National Petroleum Company Limited. According to a statement by Femi Adesina, Special Adviser to the President on Media and Publicity on Sunday, this is in consonance with Section 53(1) of the Petroleum Industry Act ...IPMAN withdraws services from Enugu depot over Police ‘illegality’
Sept. 17, 2021 The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members to withdraw their services from the Nigeria National Petroleum Corporation (NNPC) loading depot in Enugu. The National President of IPMAN, Alhaji Sanusi Fari, who disclosed this in a statement on Thursday, in Enugu, added that the directive was in response ...
