Address challenges in oil sector, experts tell Diezani

Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke | credits: File copy Experts have expressed worry about mounting challenges in the oil and gas sector now being aggravated by the falling global oil prices. They stressed the need to address issues such as poor state of the refineries, dwindling oil and gas reserves, rising cases of […]

Missing $20bn: Group wants Diezani sacked

Minister of Petroleum Resources, Diezani Alison-Madueke A civil rights organisation, under the aegis of Gatekeeper Foundation, has insisted that the Minister of Petroleum Resources, Diezani Alison-Madueke, must be relieved of her position in order to ensure non-interference with the forensic audit of the Nigerian National Petroleum Corporation. The group also attributed the rejection of Madueke […]

Diezani loses bid to become OPEC Secretary-General (Sorry, no opportunity to steal there)

THE ambition of Nigeria and Nigeria’s Minister of Petroleum Resources, Diezani Alison-Madueke, to become the Secretary General of the influential Organisation of Petroleum Exporting Countries (OPEC) was dashed on Wednesday. This followed the decision of the members of OPEC to extend the tenure of the incumbent Secretary General, Abdullah al-Badri. The tenure of al-Badri was […]

Jet scandal: Diezani moves to stop probe (Afraid of being exposed?)

Minister of Petroleum Resources, Diezani Alison-Madueke The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has filed a fresh application for an interim injunction to restrain the House of Representatives from going ahead with the probe of the allegation that she spent N10bn on a chartered aircraft. The fresh application filed on Tuesday through one of […]

Jonathan nominates Diezani for OPEC job (More opportunities to steal billions)

President Goodluck Jonathan has nominated the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, to succeed the long-serving Secretary General of the Organisation of Petroleum Exporting Countries, Mr. Abdullah al-Badri. The news of Alison-Madueke’s nomination was disclosed by Iraq’s oil minister, Abdul Kareem Luaibi, on Tuesday, according to a Reuters report. Her nomination is coming at […]

Petroleum Minister In Fresh Trouble Over $1billion Image Laundering Allegation

Jacob Oyewale Amidst complaint of inadequate funds to fight Boko Haram by Nigerian Army, the President Goodluck Jonathan led administration is planning to spend $1 billion about N130billion to launder the foreign image of the government. Jonathan and Dieziani Spearheaded by the minister of petroleum resources, Deziani Allison Maduake, the government is shopping for an […]

Why we agreed to retain 13% derivation — Obong Attah

By Henry Umoru A former  governor of Akwa Ibom State, Obong Victor Attah, has given an insight into why the South- south  delegates in the Committee on Devolution of Powers at the on- National Conference agreed to the retention of the status quo of 13% derivation for oil producing states, saying the delegates, in their […]

Diezani, NNPC file fresh suit against jet probe (So much corruption)

Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke | credits: File copy The Minister of Petroleum Resources, Mrs. Deziani Alison-Madueke and the Nigerian National Petroleum Corporation have filed a fresh suit before a Federal High Court in Abuja seeking to restrain the National Assembly from probing her over the alleged N10bn chartered jet scandal. Through the […]

7 feared dead in Port-Harcourt refinery fire

Dapo Falade – Port Harcourt with Agency Report SEVEN people were feared dead on Sunday morning during a fire explosion which occurred at the Okrika, Port Harcourt jetty of the Nigerian National Petroleum Corporation (NNPC). This was as scores of others were said to have suffered severe degree of burnt during the fire incident, which […]

Missing $20bn: PriceWaterHouse begins forensic audit of NNPC

  Minister of Finance, Dr. Ngozi Okonjo-Iweala | credits: blogs.cfr.org The Federal Government  has appointed  forensic auditors to carry out a detailed investigation  into the activities of the Nigerian National Petroleum Corporation. The Minister of Finance, Dr. Ngozi Okonjo-Iweala, disclosed this  during a debate at the 24th edition of the World Economic Forum for Africa. […]

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