FG withdraws $3.12bn from NLNG account in 3 years; Senate suspects fraud
Twenty-two withdrawals totalling $3.12 billion were made from the Nigerian Liquefied Natural Gas (NLNG) dividends account domiciled in the Central Bank of Nigeria (CBN) in the last three years. This…
Oil Exploration: Nigeria Has Already Set Achievable Target of 40 Billion Barrels Oil Reserves and Three Million Barrels a Day Production By 2020- Baru
Maikanti Baru, GMD, NNPC The NNPC says it is devising new ways to attract more funding for operators in Nigeria’s oil and gas industry to launch them…
Campaign: AAMEN Campaign Group urges Atiku to Discard Plans to Sell NNPC
The Atiku-Agbaje Media Engagement Network (AAMEN) has urged the Presidential candidate of the Peoples Democratic Party, (PDP), Atiku Abubakar to rescind his proposed policy on sale of…
Fresh $1.2bn Alleged Illegal Withdrawals from NLNG dividends…Senate Summons Maikanti Baru, Isiaka Abdulrasak and Godwin Emefiele for Questioning Thursday Next Week
The Senate Committee on Gas has decried a fresh 1.2 billion dollars illegal withdrawal from the Nigeria Liquefied Natural Gas ( NLNG). The Chairman of the committee, Sen. Bassey…
Senate probes $2.2 billion NNPC NLNG withdrawals
A probe by the Nigerian Senate into whether state oil firm NNPC improperly withdrew money has expanded with the amount under investigation doubling to over $2.2 billion, a committee said…
Vandalism: Suspected Vandal Found Dead in NNPC Pipeline in Ogun
The Nigerian Security and Civil Defence Corps (NSCDC),  Ogun Command, said it recovered the body of a 45 year old man suspected to be an oil thief in NNPC’s…
Senate Committee Frowns at Delay in Apapa Trailer Park Project
The Senate Committee on Works on Sunday expressed displeasure over the slow pace of work on the ongoing shoreline protection of the Apapa trailer park project in Lagos. The…
NNPC Explores Ways to Increase Fuel Supply…Assures Adequate Supply of Products
GMD, NNPC, Maikanti Baru By: Theresa Igata The Nigerian National Petroleum Corporation, NNPC, says the corporation is leaving no stone unturned to ensure that Nigerian Pipeline and Storage…
NNPC to ink crude-for-product deals with Shell and ExxonMobil
Nigeria’s state oil firm NNPC could sign crude-for-product deals with Shell and ExxonMobil, similar to one signed with BP last week, a senior NNPC official said on Monday. Reuters reports…
Alleged N378bn NLNG Diversion: There Will be no Cover Up, Saraki Assures Nigerians
By: Theresa Igata The Senate President, Dr. Bukola Saraki, has said that the Nigerian Senate will further probe the claims made by the Group Managing Director of…