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Monday , 18 March 2019
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Home » Tag Archives: NNPC

Tag Archives: NNPC


Political Parties

The Alliance for New Nigeria in a statement signed by the Director General of the ANN 2019 Presidential Campaign, Mr. Lanre Oyegbola has again drawn the conclusion that the so-called mega-parties are one and the same and can at best be described as different sides of a bad coin. Whilst reviewing the process that has brought Nigeria to its knees ...

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Sahara Energy, Oando, NNPC MDs in trouble over $1bn Petrol diversion scam

The House of Representatives committee on review of petrol pricing has summoned the Managing Directors of Oando Oil, Mr. Adewale Tinubu, Sahara Energy, Mr. Tonye Cole and the Group General Manager in charge of Crude Oil lifting in the Nigeria National Petroleum Corporation (NNPC) to explain their roles in an alleged $1 billion petrol products diversion scam. The committee also ...

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NNPC Records N378bn Loss in 8 Months

The Nigerian National Petroleum Corporation, NNPC, has announced a loss of N378.49 billion in its operations for the first eight months of the year.   One of NNPC’s subsidiaries, the Products and Pipeline Marketing Company Limited, PPMC, accounted for majority of the losses, as it spent over N300 billion on subsidy and in the repairs and management of its pipelines ...

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President Jonathan Appoints New CEOs For NNPC, NPDC

President Goodluck Ebele Jonathan The management of the Nigerian National Petroleum Corporation (NNPC) and the Nigerian Petroleum Development Company (NPDC) has witnessed some changes following President Goodluck Ebele Jonathan’s approval of new appointments and some changes. According to a statement issued by Reuben Abati, Special Adviser to the President on  media & publicity, Dr Joseph Thlama Dawha is the new ...

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