…. embarks on transparency initiative
Nigerian National Petroleum Corporation (NNPC), the state owned corporation had started to look at alternative funding models to pay the outstanding arrears of its obligations to the joint venture companies with the International Oil Companies (IOCs), which currently stands at about $6 billion.
•Buhari moves to clean up Ogoniland
SUNDAY ODE, MUSA BABA AHMED and JONAS EZIEKE, Abuja
Barely 24 hours on the job, Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Ibe Kachikwu, yesterday wielded the big stick, dismissing Group Executive Directors.