Nigeria’s state-owned oil company, NNPC, opens its accounts to public
$607.8 million has so far paid into the Federation Account.
$607.8 million has so far paid into the Federation Account.
At the ancient city of Ile-Ife, long queues could be seen at various communities.
The suspension order is to allow for unfettered review and investigation into the project implementation.
NEITI demands full investigation into the management of fuel subsidy payments.
This story is being reprinted with permission from NEXT which remains its appropriate copyright owner.
This story is being reprinted with permission from NEXT which remains its appropriate copyright owner.
The former minister was arrested alongside four other people.
The President says Nigerians should celebrate in spite of daunting challenges
Nigeria thanked China for helping to fight crude oil theft.
Mr. Kachikwu says NNPC would embark on a transparency operation to regain its lost credibility.
The group says the best deal for Nigeria is not to engage in oil swap.
A government committee will investigate the activities of bannes vessels.
"A public officer shall not put himself in a position where his personal interest conflicts with his duties and responsibilities."
The agreement allows for allocation of crude oil for refining offshore in exchange for petroleum products
The report , Mr. Garba said, indicated that the review process might lead to further cost recovery.
The funds were hurriedly released in February after the presidential election was moved from February to March
Port Harcourt refinery restarts fuel production
The corporation also terminates offshore processing agreements, invites Companies for fresh Bid
Crude oil swap for refined petroleum products took a controversial connotation after concerned Nigerians criticised the deals as lacking transparency
Mr. Kachikwu says removal of price control mechanisms is imperative to ensure full growth of the sub-sector.
Mr. kachikwu says NNPC will submit financial statement weekly to the president.
The group pledges to work with Itsay Sagay Committee to recover over $7 billion debt by oil companies
The unions want a halt to NNPC restructuring.
Kachikwu wants NNPC staff to be change agents.
"If you have tax generating agencies that are not remitting taxes, government cannot run like that."
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