How APC Plans to Divert N1.7t Through Hazy NNPC Deal – PDP

The Peoples Democratic Party (PDP) has alleged that there are plans by “fraudulent officials in the All Progressives Congress (APC)-led administration to divert over N1.7 trillion, ($3.9 billion) to their personal purses, under the guise of acquiring 20% shares in the $19. 5 billion refinery being built by Dangote Group”. In a statement by its […]

Despite NNPC’s Revelation, Petrol Scarcity Persists In Abuja

Despite the revelation by the Nigerian National Petroleum Corporation (NNPC) that there are no plans to increase the price of petrol in March, scarcity of the Premium Motor Spirit (PMS) petrol on Monday persisted in the Federal Capital Territory (FCT), Abuja. The Nation reports that it monitored the petrol market situation around 10:00am to 11:30am, […]

How Alfa who Impersonated Femi Adesina, GMD NNPC, Built Houses in Ilorin- Witness

The trial of a self-styled herbalist, Alfa Jamiu Isiaka, who allegedly impersonated the Special Adviser to the President on Media and Publicity, Femi Adesina and a former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Maikanti Baru, to defraud a South Korean National, Keun Sig Kim to the tune of N30million, resumed on […]

N170 Fuel Price Wicked, Unbearable – PDP

Nigeria’s main opposition party, the Peoples Democratic Party has described the increase in fuel price as wicked and unbearable. The News Chronicle had earlier reported the new increase in the price of fuel following NNPC’s wholesale price increase. Reacting to the development, the PDP in a statement by its National Publicity Secretary, Kola Ologbondiyan said […]

Next level has turned to next devil, Nigerians groan over increase in fuel price

Nigerians have taken to social media to lampoon the President Muhammadu Buhari APC led government over the further hike in fuel price. The pump price of Premium Motor Spirit (PMS) otherwise called petrol has started selling for N168 – N170 per litre as the Nigerian National Petroleum Corporation (NNPC) has increased the wholesale price of […]

Court Convicts NNPC Staff for N1.8m Fraud in Kaduna

Justice Darius Khobo of the Kaduna State High Court has convicted and sentenced one Nuhu Aliyu for fraud, the EFCC reports. Aliyu, a staff of Nigerian National Petroleum Corporation, (NNPC)/Nigerian Pipeline and Storage Company Ltd (NPSC) and Chairman, PENGASSAN PPMC Kaduna Depot Branch, defrauded the NNPC to the tune of N1,834,900.00 (One Million, Eight Hundred […]

House of Reps receives bill to commercialize NNPC

President Muhammadu Buhari has transmitted the Petroleum Industry bill to the House of Representatives for passage. It would be recalled that in the 8th Assembly, a part of the PIB was passed by the legislature but the president declined assent due to disagreement on certain provisions in the bill. There has been reports that the […]

Visit Kogi Road Crash Scene, PDP Challenges Buhari, Fasola

Nigeria’s leading opposition party, Peoples Democratic Party (PDP) has challenged President Muhammadu Buhari and Works and Housing Minister, Babatunde Fasola, to leave the comfort of their offices in Abuja and immediately visit the Kogi State road crash scene as well as undertake a tour of the country’s highways to witness the sorry state of infrastructure […]

Anambra residents groan as petrol stations exceed new PPMC pump price for fuel

Residents of Anambra State have bemoaned Tuesday’s increase in the pump price of fuel from N148 to N151.56k per litre as announced by Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation, NNPC. TNC correspondent who sampled the opinion of the people on the matter, reports that while some petrol […]

Challenges Facing Nigeria’s Oil Industry Worries Petroleum Engineers’ Society

Worried petroleum engineers in Nigeria say they are concerned about the country’s oil and gas industry. The Nigeria Council of the Society of Petroleum Engineers (SPE) says it is currently focusing on the challenges facing the industry. Council Chairman, Joseph Nwakwue, an engineer, says the society is ready to offer professional services and work with […]