The Nigerian National Petroleum Corporation (NNPC), in a statement by its Group General Manager, Group Public Affairs Division, Ndu Ughamadu, said on Sunday that 50 companies had submitted bids for the supply of sea worthy tug boats on charter basis. He further said that the boats would be for the… Read more
There are reports with strong indications that nearly all the federal ministries, departments and agencies have been carrying out illegal mass recruitments.
According to information by Sunday Punch, several government parastatals including the Central Bank of Nigeria (CBN), the Nigerian National Petroleum Corporation (NNPC), the Federal Inland Revenue Service (FIRS), and… Read more
The Petroleum Products Pricing Regulatory Authority (PPPRA) has refused to confirm or refute allegations by the President of the Nigeria Labour Congress (NLC) Comrade Ayuba Wabba who claimed during the weekend that the federal government is attempting to hike the prices of petroleum products.
He was speaking at the opening of… Read more
The Federal High Court in Lagos yesterday ordered the final forfeiture of N7.6billion allegedly stolen and hidden by former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke.
Justice Abdulazeez Anka granted an application by the Economic and Financial Crimes Commission (EFCC) seeking the money’s final forfeiture to the Federal Government.
He held: “I’ve… Read more
Despite the slight reduction in the pump price of petrol by some oil marketers and the Nigerian National Petroleum Corporation (NNPC) in many retail outlets across the country, the ex-depot price of the product has remained stable, THISDAY’s investigation has revealed.
It was also gathered that even though some marketers and… Read more
There are indications that the Federal Government has started incurring N586 million daily as fuel subsidy, following the rise in crude oil price from $49 to $58 per barrel in the international market between August and October this year.
Investigations by Vanguard showed that unlike… Read more