Tag: NNPC
Nigeria’s debt profile still at sustainable limit, it is untrue that we print money to distribute at FAAC – Finance Minister
April 15, 2021 The Minister of Finance, Budget, and National Planning Zainab Ahmed has debunked claims by Edo State Governor, Godwin Obaseki that the Central Bank of Nigeria printed an additional N50billion to N60billion to make up for state allocations. The Minister said this on Wednesday at a briefing after the 41st virtual Federal Executive ...US Report, NNPC and Mele Kyari’s moral medal
April 11, 2021 KEN UGBECHIE The United States 2020 Country Report on Human Rights Practices in Nigeria has been trending. And one man who should be happy with the report is Mr. Mele Kolo Kyari, the incumbent Group Managing Director, GMD, of the Nigeria National Petroleum Corporation, NNPC. Every year, the United States releases status ...NNPC to establish gas power plant in Borno, says GMD
The Nigerian National Petroleum Corporation (NNPC), in collaboration with other stakeholders, is to establish a gas power plant in Maiduguri to address the problem of power supply in Borno. The Group Managing Director (GMD) of NNPC, Mr Mele Kyari, made this known on Friday in Maiduguri during a courtesy call on Gov. Babagana Zulum. Maiduguri ...Time To Help This Government Help Nigeria – Atiku
Former Vice President Atiku Abubakar on Sunday said the Nigerian government lacks the capacity to address challenges facing the nation, calling on stakeholders, elder statesmen and the Nigerian people to help in rescuing the country which he noted is on the precipice. Atiku was reacting to a recent report by Bloomberg Business that tagged Nigeria ...NNPC can no longer bear the monumental cost of N120bn Monthly Petrol subsidy – GMD
The Nigerian National Petroleum Corporation (NNPC) says it pays N120 billion every month to subsidise Premium Motor Spirit (PMS), also known as petrol. NNPC Group General Manager (GMD), Mele Kyari, disclosed this at the weekly presidential ministerial media briefing on Thursday at the State House in Abuja, the nation’s capital. He lamented that the burden ...Ibori, Obasanjo, UK, others: Anatomy of a corrupt Empire (1), By Tony Eluemunor
Question: How serious is Nigeria’s anti-corruption fight? Answer: That depends on the accused, the accuser and the amount of prejudice (bias, preconception, prejudgment, predisposition, partiality) and the “politricks” involved. Item 1: Bureau of Public Enterprise (under Nasir el-Rufai) chose the management-contract option to improve NITEL before privatisation and advertised for OPERATORS ONLY, not CONSULTANTS and ...$1.5bn refinery rehabilitation: Nigerians should hold me, Govt accountable for every dollar spent – Sylva
The Minister of State for Petroleum Resources, Timipre Sylva, has promised to ensure that every dollar and cent of the $1.5 billion proposed for the rehabilitation of the Port Harcourt refinery is accounted for. He made the promise during an interview aired on Channels Television’s Sunday Politics. “I can look at the camera; they (Nigerians) ...Port Harcourt Refinery will work within 18 months, funding not going to be all debts – FG
The Federal Government has reiterated its commitment to completing the rehabilitation of the Port Harcourt Refinery, saying it would be functional within 18 months. “Port Harcourt Refinery will work, and certainly within the next 18 months,” the Minister of State for Petroleum, Timipre Sylva said in an interview on Channels Television’s Sunday Politics. The former ...Pricing guideline not increase in pump price of PMS – PPPRA
The Petroleum Products Pricing Regulation Agency (PPPRA) says the March guiding prices posted on its website does not translate to increase in the pump price of Premium Motor Spirit (PMS) also known as petrol. The PPPRA Executive Secretary, Abdulkadir Saidu disclosed this in a statement in Abuja, on Friday. “The attention of the Petroleum Products ...We’ve not received any official communication on fuel price hike – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it has not received any official communication on Fuel price hike.The Chairman of the association in Kano State, Alhaji Bashir DanMalam stated this while briefing newsmen on Friday in Kano over the report going round that the pump price was increased to over N212 per litre.The ...
