Tag Archives: NNPC

FUEL SCARCITY: 144 trucks of hoarded petrol discovered in one state

Security agents and Nigerian National Petroleum Corporation (NNPC) monitoring team have discovered 144 trucks of petrol not streamed by some marketers in Kano. The NNPC Group General Manager, Public Affairs Division, Ndu Ughamadu, made this known in a statement in ...

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FG orders Kachikwu, Baru to clear fuel queues by weekend, calls for calm

The Federal Government of Nigeria, at the Federal Executive Council on Wednesday, mandated Ibe Kachikwu, the minister of petroleum resources, and Maikanti Baru, group managing director of the Nigeria National Petroleum Corporation (NNPC), to clear the fuel queues in Abuja ...

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Fuel scarcity imminent as IPMAN threatens showdown with NNPC

Independent Petroleum Marketers Association of Nigeria (IPMAN) in Lagos State have threatened to withdraw their services from Dec. 11 over NNPC’s breach of bulk purchase agreement to sell fuel to them at N133.28k per litre. The Lagos State Chapter of ...

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Osinbajo admits approving NNPC contracts

Vice-President Yemi Osinbajo has admitted he approved contracts of the Nigeria National Petroleum Corporation (NNPC) when President Muhammadu Buhari was on medical vacation in the UK. Ibe Kachikwu, minister of state for petroleum resources, had accused Maikanti Baru, group managing ...

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Kachikwu, Baru and the NNPC Debacle – Reuben Abati

By Reuben Abati The current NNPC debacle is probably the most embarrassing, even if mercifully, eye-opening crisis in the history of that nationally strategic institution since its creation in 1977. I seek in the following commentary to offer a number ...

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Our contracting process is perfect… We will continue to follow it – Baru

Maikanti Baru, group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says the contracting process of the group is perfect and that they would continue to follow it. Speaking on Monday when he received leaders of some unions ...

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NNPC reacts to Kachikwu’s letter, says Baru does not require Minister of State’s review [Full breakdown of contracts inside]

In the midst of brewing controversy, the Nigerian National Petroleum Corporation (NNPC) has made a release today breaking silence on the recent letter written by the Minister of State for Petroleum, Dr Ibe Kachikwu to President Muhammadu Buhari. In the ...

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NNPC denies having hidden accounts

The Nigerian National Petroleum Corporation (NNPC) has denied the report that it kept funds in some commercial banks, rather than remitting into the treasury single accounts (TSA) as directed by the federal government. In a statement by Ndu Ughamadu, its ...

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Kachikwu’s allegations against Baru are “too grave to be swept under the carpet” – PDP

The Peoples Democratic Party (PDP) has expressed shock over the silence of President Muhammadu Buhari on the petition of Ibe Kachikwu, minister of state for petroleum resources, noting that the allegations are “too grave to be swept under the carpet” ...

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Policeman arrested in Lagos hotel used as ‘base of kidnappers, oil vandals’

Operatives of the Nigeria National Petroleum Corporation (NNPC) surveillance team on Wednesday arrested a policeman and a tanker driver who were part of a pipeline vandals syndicate reportedly using a Lagos hotel as a base. The surveillance team traced the smell ...

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