Tuesday , 17 January 2017

Tag Archives: nnpc

NUPENG Calls Off 3-Day Warning Strike

NUPENG

The National Union of Petroleum and Natural Gas Workers(NUPENG) on Wednesday in Abuja called off its three-day nationwide warning strike. NUPENG’s President Igwe Achese called of the strike at a reconciliatory stakeholders meeting called at the instance of Minister of Labour and Employment, Sen. Chris Ngige. Others stakeholders at the …

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Fuel Scarcity Looms As NUPENG Begins 3-Day Warning Strike

NUPENG

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has declared a nationwide strike beginning from today. The strike which will affect the flow of petrol to filling stations, has shut down seven crude flow stations in the Niger Delta, a union official said on Wednesday. The strike is …

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Kerosene Scarcity Hits Lagos

kerosene-queue

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has confirmed that there is no kerosene in any of the depots in Lagos. The union said the product was not available in both depots belonging to the Nigerian National Petroleum Corporation ( NNPC) and private operators in Lagos. Mr …

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Ex-Petroleum Minister, Diezani Forfeits $153.3m To FG

Diezani-Alison-Madueke61

The Federal High Court sitting in Lagos on Friday ordered the forfeiture of $153.3 million allegedly embezzled by the embattled former Petroleum Minister, Diezani Alison-Madueke, to the Federal Government. The seized money, according to the Economic and Financial Crimes Commission was stolen from the Nigerian National Petroleum Corporation and stashed in …

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Nigeria Discovers Crude Oil In Borno

Mr.-Ibe-Kachikwu

Nigeria has discovered huge crude oil concentration in Borno State, North East, raising the hope of the region joining the league of oil producers. Lagos state recently joined the league of crude oil producers. Some states in the league are Bayelsa, Rivers, Delta, Akwa Ibom. The Permanent Secretary, Ministry of Petroleum …

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Nigeria Lost N1.5 Trillion To Attacks On Oil Facilities In 2016

Niger-Delta-Avengers-620x4002

The Nigerian Petroleum Development Company, NPDC, said Nigeria lost over N1.5 trillion due to attacks on oil installations and facilities in 2016. This is contained in a statement by the Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru on Wednesday. Baru revealed this at the 2016 NNPC Security …

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Sokoto Successfully Test Runs Northern Nigeria’s First Independent Power Plant

sokoto-ipp

The Sokoto State Government has successfully conducted a test run of its N3.8 billion Independent Power Project, IPP, whose contract was awarded in November, 2008. The project, the first of its kind in the northern part of the country, has an installed capacity of a minimum of 30 megawatts and …

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Police Need N20bn To Clear 3,000 Late Officials’ Insurance Claims

Nigerian-Police

The Nigerian police Force has said over N20 billion is needed to cover the insurance claims of over 3,000 officers who lost their lives during active service. Mr Isyaiku Mohammed, the Force Insurance Officer gave this figure while appearing before the ad-hoc Committee of the House of Representatives investigating alleged illegalities between …

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NNPC Explore Opportunities Of Importing Crude From Niger Republic

Maikanti Baru-PMB

The Nigeria Petroleum Corporation, NNPC, is exploring the possibilities of piping crude oil from Niger Republic for refining in Kaduna, NNPC Group Managing Director, GMD, Maikanti Baru, said on Friday. Mr. Baru who visited on Gov. Nasiru El-Rufa’i in Kaduna, said President Muhammadu Buhari was personally committed to the project. …

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NNPC Appoints, Redeploys Top Management Staff

Maikanti Baru

The Nigerian National Petroleum Corporation, NNPC has announced the appointment and redeployment of Top Management staff across board in a major exercise designed to reflect operational realities and ensure sustained performance and profitability. In a podcast to members of Staff, Group Managing Director of the Corporation, Dr. Maikanti Baru said …

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Lagos-Badagry Expressway To Be Completed In 2019 – Ambode

Akinwunmi Ambode

The Governor of Lagos State, Mr. Akinwunmi Ambode on Thursday assured residents that the ongoing Lagos-Badagry Expressway Expansion project would be completed before the end of 2019. The Governor, who spoke shortly after embarking on extensive inspection of ongoing projects across the State, said the project was a major economic …

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Cook Of NNPC MD Absconds With $6m In Cash And Jewelry

esther-nnamdi-and-cook

A cook who served Esther Nnamdi-Ogbue, a Managing Director at the Nigeria National Petroleum Corporation (NNPC) in Abuja, has absconded with cash and pieces of jewelry worth $6million, a source told SaharaReporters on Wednesday. It was gathered that the man, identified as Gabel Segbedji, a national of Benin Republic, took …

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Nigeria Records N2.1trn Loss To Militancy, Pipeline Vandalism In 10 Months

Maikanti Baru

The Nigerian National Petroleum Corporation (NNPC) said from January 2016 till date, government lost 7 billion dollars (N2.1 trillion) to the activities of militancy groups and oil pipeline vandals in the Niger Delta region. The Group Managing Director of NNPC, Dr Maikanti Baru, made this known in Abuja on Friday …

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NNPC Denies Plan To Increase Fuel Price

Fuel-scarcity-NNPC

The Nigerian National Petroleum Corporation, NNPC, has debunked reports suggesting it plans to further increase the price of Premium Motor Spirit, (PMS), stating that current realities on the ground didn’t support any hike. Mr. Muhammad Garba-Deen, the Group General Manager, Group Public Affairs Division of the NNPC, made this known …

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NNPC Deploys Modern Technology For Oil Exploration In The North

NNPC

The Nigerian National Petroleum Corporation (NNPC) has embarked on a more rigorous exploration for oil in the Gongola and other inland basin using the latest seismic data gathering technology. A statement by NNPC’s Group General Manager, Group Public Affairs Division, Garba Deen Muhammad, made this known in Abuja on Saturday. …

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Sale Of National Assets: Sen Shehu Sani Slam Advocates

Shehu-Sani

Senator Shehu Sani has called those proposing for the sale of national assets to get out of recession as economic predators, saying that such decision may worsen the situation of the country. The human rights activist who represents Kaduna Central Zone, made this condemnation while speaking with journalists yesterday. “The call …

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How Federal, States And Local Governments Share N2.5trn In 7 Months

president-buhari-hosts-biz-men-1024x683

The federal, states and local governments have shared N2.53 trillion as proceeds of revenues from the Federation Account from January to July, the News Agency of Nigeria reports. The figures were derived from documents obtained from the Federal Ministry of Finance, showing that the total revenue generated for the months under …

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1,447 Cases of Pipeline Vandalism Recorded in 5 months

file: Pipeline explosion at Ijedodo, December 2012

According to the Nigerian Nation­al Petroleum Corporation (NNPC), 1,447 cases of pipeline vandalism were recorded between January and May 2016. The Group Managing Direc­tor of NNPC, Dr Maikanti Baru disclosed this during a visit to the Commandant General, Nigeria Security and Civil Defence Corps (NSCDC), Abdulla­hi Muhammadu in Abuja on Wednesday. Baru also …

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Another Illegal Oil Well Discovered In Lagos

Crude-Oil-Barrels-OPEC

The Nigerian Army and officers of the Nigeria Security and Civil Defence Corps, NSCDC have uncovered another illegal oil well in Lagos State. This came barely two weeks after the police and other security agencies discovered about 10 houses on Ibadan and Abeokuta streets in Ilasamaja axis of the state, …

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President Buhari Orders NNPC To Begin Oil Exploration In Benue

NNPC

President Muhammadu Buhari has has given a directive to the Nigerian National Petroleum Corporation (NNPC) to begin immediate hydrocarbon exploratory activities in the Benue Trough as part of efforts to guarantee energy security of the country. The Group Managing Director (GMD) of the NNPC, Dr. Maikaniti Baru made this known …

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