The Nigeria police on Thursday said they recovered $470.5m belonging to the Nigerian National Petroleum Corporation’s Brass Liquefied Natural Gas hidden in some commercial banks in violation of the directives of the Federal Government on Treasury Single Account.
Ugo Amadi, Business Editor
The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) in China with the China National Offshore Oil Corporation (CNOOC) towards developing Nigeria’s oilfield services as well as boosting research and development in the oil and gas industry.
The Federal Government has been urged to set a definite timeline for the commencement of the implementation of the Petroleum Industry Governance Bill (PIGB) once President Muhammadu Buhari assets to it and it becomes a law.
Sunday Ode, Abuja
Governors of the 36 states of the federation vowed Thursday that the deadlock in the Federation Account Allocation Committee (FAAC) will continue unless the Nigerian National Petroleum Cooperation (NNPC) remits what is due to the account.
The $3.7 billion gas development agreement between oil giant Shell and the Nigerian National Petroleum Company, NNPC, alongside two other companies, is set to transform Nigeria’s midstream oil sector and boosting power generation in the long run.
General Manager, Policy, Government and Public Affairs, (PGPA), Mr. Esimaje Brikinn.
The General Manager, Policy, Government and Public Affairs, (PGPA), Mr. Esimaje Brikinn, has emphasized the value of participatory partnerships in combating the menace of oil theft and pipeline vandalism in oil and gas operations in the Niger Delta.
The Nigerian National Petroleum Corporation (NNPC) has said it has been faithfully remitting all revenues accruing to it to the Federation Account.
OBIORA IFOH, Abuja
Supporters of the incumbent President Muhammadu Buhari and the former Vice President Atiku Abubakar, are currently engaging each other in the war of words as whether the nation’s oil and gas sector should be privatised or not.
Communication Lead, Abiola Afolabi BudgIT.
BudgIT has urged the Nigerian National Petroleum Corporation (NNPC) to be more transparent in its operations, even as it applauds the corporation on the plan to end the prevalent but disadvantageous practice of gas flaring.
…NNPC partners APWEN on science, technology courses
The Nigerian girl-child possesses the ability to realise her full potential in the study of science, technology, engineering and mathematics, the Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Dr. Maikanti Baru, has stated.