Nigeria to earn $5.60bn in taxes from Schlumberger, other deals — Baru
The Nigerian National Petroleum Corporation (NNPC), says the NNPC, First E&P and Schlumberger 724 million dollars oil financing deal will enable Nigeria earn 5.60 billion dollars in taxes and royalty….
Nigeria losing revenue to oil majors, NEITI wants review of agreement
The Nigeria Extractive Industries Transparency Initiative (NEITI) has alerted the nation to the urgent need to review the Deep Offshore and Inland Basin Production Sharing Agreement between Nigeria and oil…
NNPC says story of pending N36bn royalty to Alesa-Eleme community is fake news
The Nigerian National Petroleum Corporation (NNPC) has dismissed insinuation of an approved N36 billion compensation, said to be due to Alesa-Eleme community in Rivers as royalty for playing host to…
NNPC, NPA, others shortchanged Nigeria by $22bn, staff to face prosecution – NEC
The National Economic Council (NEC) has confirmed that the N526 billion and $21 billion  was under-paid to the federation account by some Federal Government revenue generating agencies between 2010 and…
Niger State Fire Service tasks tanker drivers on training
April 8, 2018 The Niger State Fire Service has urged Petroleum Tanker Drivers’ Association (PTDA) to take advantage of the State Fire Academy to train its members on fire…
PDP fires back: Says APC stole $26bn in three years via NNPC shady contracts
Hours after the Federal Government released the list of PDP member whom it alleged to be looters of the nation’s treasury, the Peoples Democratic Party (PDP) has described the list…
N37.76bn irregularity in NNPC remittance to FG account deadlocks FAAC meeting
The Minister of Finance, Mrs Kemi Adeosun, says she is meeting with the NNPC GMD over discrepancies in payment into the Federation Account.This is coming after the Federation Account Allocation…
Osinbajo’s selective amnesia
KEN UGBECHIE Vice President Yemi Osinbajo has told Nigerians that the Buhari government has not tackled corruption effectively. He seems to be alone here. Every other member of the Buhari…
Buhari: Dapchi Girls Complete Your Story
KEN UGBECHIE In his quiet moment, President Muhammadu Buhari by now should be a disturbed man. Behind the steely mien of a war-tested retired general, the president – a father,…
Malabu oil: Nigeria has a weak case; AGF Malami’s letter to Buhari exposes Loopholes
Should Nigeria pursue the resolution of the Malabu oil deal that has dragged for years legally, the country stands a clear chance of losing. The Malabu oil scam has taken…