Posted by admin
Headlines, National Politics, Oil Politics, Raw Politics
Saturday, November 14th, 2015
Nigeria’s former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has denied allegations of financial impropriety under her tenure, especially the alleged disappearance of $20billion. Mrs. Diezani, who is battling with cancer disclosed this in an interview with The Boss newspaper. She was visibly angry at the mention of the $20billion “If there is one issue I […]
Posted by admin
Headlines, Oil Politics
Wednesday, October 28th, 2015
A cross section of Dangote refineries site. Recently, the management of Dangote Oil Refinery Company Limited, a subsidiary of Dangote Group, while conducting some select journalists in a tour of its facilities, emphasised that the company does not focus on making Nigeria self sufficient in crude refining alone, but will eventually export refined crude […]
Posted by admin
General Politics, Latest Politics, Ministries, Oil Politics, Top Stories
Wednesday, October 14th, 2015
By Emeka Anaeto, Economy Editor, with agency report There is an indication that the Presidency has reversed itself on the petroleum ministerial position. The portfolio will now have no minister, while a ministerial nominee in the person of Emmanuel Kachikwu, current Managing Director of Nigerian National Petroleum Corporation, NNPC, would be Minister of State for […]
Posted by admin
General Politics, Latest Politics, Oil Politics, Raw Politics, Top Stories
Monday, October 5th, 2015
Nigeria ex-minister’s cash seized A court in London has approved the seizure of cash from Nigeria’s former oil minister Alison Diezani-Madueke, reports BBC Africa’s Sam Piranty. The amount seized from the former minister is about $41,000 (£27,000), following an application brought by the UK’s National Crime Agency under the Proceeds of Crime Act. The court […]
Posted by admin
Headlines, Oil Politics
Wednesday, September 30th, 2015
Group Managing Director, NNPC, Dr. Emmanuel Kachikwu The measures introduced by the Federal Government to monitor crude transit and check oil theft are said to be threatening income lifeline, compounding the damage the crude price fall has done to Nigeria’s finances, access to dollars and imports. Oil traders and shipping brokers said a newly […]
Posted by admin
Latest Politics, Oil Politics
Wednesday, September 30th, 2015
President Muhammadu Buhari As the nation awaits President Muhammadu Buhari’s ministerial list, the President on Tuesday said he would head the Ministry of Petroleum Resources. Buhari dropped the hint in one of the interviews he granted one of the foreign media in his hotel shortly before departing New York. The President was in New York […]
Posted by admin
Akintokunbo A. Adejumo, Articles, Columnists, NNP Columnists, Oil Politics
Saturday, September 26th, 2015
By Akintokunbo A. Adejumo | London, UK | Sept. 26, 2015 – I was as usual browsing the noted and respected Sahara Reporters website when I came across a Petition/Press Release by a group named Civil Society Network Against Corruption (CSNAC) who claimed to be a “coalition of over hundred and fifty Anti-corruption organizations whose […]
Posted by admin
Headlines, Oil Politics
Monday, September 7th, 2015
Group Managing Director, NNPC, Dr. Ibe Kachikwu The Nigerian National Petroleum Cooperation has commenced the process of recovering over $7bn (N1.4tn) in over-deducted tax benefits from joint venture partners on major capital projects. It was learnt on Sunday that the corporation had also engaged an international accounting firm to ascertain the exact amount due to […]
Posted by admin
Arnold Alalibo, Articles, Columnists, NNP Columnists, Oil Politics
Friday, August 21st, 2015
By Arnold A. Alalibo | NNP | August 21, 2015 – In the last few months, Nigerians have not ceased from fussing over the ever rising cost of premium motor spirit, PMS, popularly called petrol. Millions of Nigerians groan as the product sells above N110 while queues by motorists have continued to grow across filling […]
Posted by admin
Latest Politics, Oil Politics, Raw Politics
Thursday, August 20th, 2015
Group Managing Director, NNPC, Dr. Emmanuel Kachikwu ADVERTISEMENT The fixing of petroleum products’ prices is denying the country investment in the downstream sector of the oil and gas industry and depriving Nigerians certain benefits from the country’s petroleum resources, industry stakeholders said on Thursday. The Federal Government currently regulates the prices of […]
