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House, Legislature, Oil Politics
Sunday, April 13th, 2014
Speaker of the House of Representatives, Mr. Aminu Tambuwal The Office of the Speaker of the House of Representatives, Mr. Aminu Tambuwal, has said that the House will not be distracted in its resolve to probe the alleged N10bn chartered jets scandal levelled against the Minister of Petroleum, Mrs. Diezani Alison-Madueke. It also noted that […]
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Goodluck Jonathan (2010-present), Oil Politics, Presidency, Raw Politics
Tuesday, March 25th, 2014
President Goodluck Jonathan The Presidency on Tuesday denied reports that President Goodluck Jonathan confirmed in Amsterdam that the Nigerian National Petroleum Corporation wrongly withheld $10bn from the Federation Account. The Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, in a statement, described the reports as “completely false and a total […]
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Akintokunbo A. Adejumo, Articles, Columnists, NNP Columnists, Oil Politics
Saturday, March 22nd, 2014
By Akintokunbo A. Adejumo | Ibadan, Nigeria | March 22, 2014 – As far as public money is concerned in Nigeria, the word MISSING has taken on a whole new sinister meaning. Every day, it is one massive amount (usually in billions, soon to graduate into trillions) of money missing from the coffers of one […]
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Headlines, Oil Politics, Raw Politics
Wednesday, March 19th, 2014
GMD, NNPC, Mr. Andrew Yakubu The Nigerian National Petroleum Corporation has put the amount of crude oil stolen in the country in 2013 at 109.5 million barrels. The Group Managing Director, NNPC, Mr. Andrew Yakubu, in a special keynote address at the ongoing Nigerian Oil and Gas Conference in Abuja on Tuesday, said the country […]
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Headlines, Oil Politics
Saturday, March 15th, 2014
Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke | credits: File copy Two weeks after the scarcity of Premium Motor Spirit started, it has continued to bite hard in some parts of the country. PMS is popularly referred to as petrol. In spite of the promises by the Nigerian […]
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Headlines, Latest Politics, Oil Politics
Thursday, March 13th, 2014
Abuja – The Federal Government on Thursday paid N41billion to 27 oil marketers whose claims had been verified for fuel subsidy reimbursements. This is contained in a statement issued by Mr Paul Nwabuikwu, the Special Adviser on Media to the Minister of Finance, Dr Ngozi Okonjo-iweala, in Abuja. The marketers are A-Z Petroleum Product, ACORN […]
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Latest Politics, Oil Politics
Wednesday, March 12th, 2014
Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke Contrary to denials by the Presidency, the Minister of Petroleum Resources, Mrs. Deziani Alison-Madueke, said on Tuesday that the privatisation of the nation’s refineries remained the best way to tackle the problems in the petroleum sector. Alison-Madueke stated this when she appeared before the Joint Senate Committee […]
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Headlines, Oil Politics
Saturday, March 8th, 2014
NLC President, Mr Abdulwaheed Omar The Nigeria Labour Congress on Saturday said it would resist the privatisation of the downstream sector of the petroleum industry by the Federal Government. The President of NLC, Abdulwaheed Omar, said speculations were rife that the ongoing fuel scarcity was a deliberate ploy by government to pave way for […]
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EFCC Politics, Headlines, Oil Politics
Thursday, February 27th, 2014
From ADETUTU FOLASADE-KOYI, Abuja Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Lamorde, yesterday assured the Senate that criminal investigation of the alleged missing $20 billion oil money will commence as soon as forensic auditors conclude investigations. Coordinating Minister for the Economy and Finance Minister, Dr. Ngozi Okonjo-Iweala, said two days ago that […]
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Latest Politics, Oil Politics
Sunday, February 9th, 2014
By BLAISE UDUNZDE Finally, the Nigerian National Petroleum Corporation (NNPC) has cleared the air on the alleged missing $10.8 billion, admitting that the amount was used for pipelines repairs, payment of subsidy claims and maintenance of the nation’s reserves. Its Acting Group General Manager, Public Affairs, Umar Ibrahim, explained on Saturday that the reconciliation of […]
