Reps give Akpabio 48 hours to publish names of lawmakers taking contracts from NDDC

By Abdul SeyeThe Speaker of the House of Representatives, Femi Gbajabiamila has directed the Minister of Niger Delta Affairs, Godswill Akpabio to publish the names of lawmakers taking contracts from the Niger Delta Development Commission (NDDC) within 48 hours or risks the full wrath of the House. The Speaker directed the Clerk of the National […]

I took $70m in 12 bags to Abuja banker, on the instruction of former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, ex-NNPC boss tells court

  By Innocent Anaba A Nigerian National Petroleum Corporation, NNPC, former Group General Manager in charge of Crude Oil Marketing has narrated to a Federal High Court sitting in Lagos, how he delivered 12 padlocked bags containing $70 million to an Abuja-based banker on the instruction of former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. […]

9.7m, £74,000 found in my house are gifts, ex-NNPC GMD, Yakubu, tells court

Mr. Andrew Yakubu ex GDM NNPC By Ikechukwu Nnochiri, ABUJA Former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mr. Andrew Yakubu, who is facing money laundering charge, on Wednesday, told the Federal High Court in Abuja that $9.7million and £74, 000.00 the Economic and Financial Crimes Commission, EFCC, found in his house […]

Colonialism failed Nigeria on wealth creation; Nigeria depended on oil – Strategist Chiakwelu

Colonialism failed Nigeria on wealth creation; Nigeria depended on oil – Strategist Chiakwelu United States based Nigerian economic strategist Emeka Chiakwelu and the founder of public policy center AFRIPOL has blamed Nigeria dire dependence on oil as a consequence of colonialism. “Among the negative ramifications of colonialism is the inability to impact a legacy of […]

The Dirty Side of Nigeria’s Oil Wealth: Tribute to Lebe Nkpara

Twenty-five years ago, on the 9th of May, 1995, Mr Lebe Nkpara, native of Luusue Sogho, Ogoni, in present day Khana local government area was shot dead by the bullets of Major Paul Okuntimo, Commander of the Internal Security Task Force setup by the then Federal Military Government of Nigeria with logistics support from Shell […]

NNPC reacts as Nigerians condemn appointments of ‘only Northerners’

By Wale Odunsi The Nigerian National Petroleum Corporation (NNPC) says its appointments always adhere to the principle of transparency and accountability. Kennie Obateru, NNPC said this in a statement Sunday. The corporation in March disengaged some of its staff and appointed new top management officials. This triggered criticisms from Nigerians, Niger Delta leaders and groups. […]

Press Release: Shell Plots Another Ogoni Massacre – MOSOP

The Movement for the Survival of the Ogoni People (MOSOP) wishes to strongly express its concerns over the visit by Shell officials in company of Nigerian soldiers to Ogoni oilfields on April 30, 2020. Eye witness accounts and credible community sources which monitored the activities have it that officials of Shell Petroleum Development Company of […]

Nigeria records $434m oil, gas sales in Jan – NNPC

The Nigerian National Petroleum Corporation (NNPC) says the country recorded crude oil and gas export sales of 434.85million dollars in January. The corporation disclosed this in it’s Monthly Financial and Operations Report released in Abuja, yesterday. The sales, the NNPC said, represents an increase of 94.30 per cent pitched against the December 2019 figures. It […]

Nigeria to cut oil production

Nigeria will cut its oil production by 1.9 million barrels per day. This will reduce its daily crude oil production to 1.412 million barrels. Abuja is hoping for a $15 rebound in the price per barrel in the short term. This rebound that could bring at least 2.8 billion dollars to the country, according to […]

Ex- NNPC boss reels out 9-point agenda to unseat Obaseki

Igbaugba Ehigimetor Former Group Executive Director of the Nigeria National Petroleum Corporation (NNPC), Mr Chris Ogiemwonyi, has rolled out his nine-point agenda that would serve as major pillars of development blue print if elected as next Governor of Edo. News Agency of Nigeria (NAN), reports that Ogiemwonyi, a former minister of State for works, stated […]

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