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NNPC to ensure uninterrupted fuel supply during festive periods, tasks PPMC

  The Group Managing Director,Nigerian National Petroleum Corporation, NNPC Mr. Maikanti Baru, has assured the public that as the festive periods draw near, it would ensure a hitch-free supply of petroleum products nationwide. Baru said this  during the inauguration of the Board of Directors of PPMC yesterday, The GMD directed its downstream subsidiary,

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NNPC says Dinner with NASS members not meant to influence them

-Agency reports     The Nigerian National Petroleum Corporation has said the dinner with members of the Senate and House of Representatives earlier scheduled to hold Tuesday, October 31, was part of its routine stakeholders engagement In a twitter handle of the corporation on Tuesday, it said the engagement began since April. It denied reports

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NNPC Scandal: Senate Under Pressure to Drop Probe of U.S.$25 Billion Contracts, postpones investigation

ANIETIE UDOBIT,ABUJA   The Senate has postponed the commencement of its planned investigation into the alleged award of $25 billion worth of contracts in the Nigerian National Petroleum Corporation (NNPC). Following the allegation of abuse of due process made by the Minister of State for Petroleum, Ibe Kachikwu, against the NNPC Group Managing

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Osinbajo disowns aide’s statement on NNPC crisis, says he approves Loans not contracts

  Vice President Yemi Osinbajo said he did not approve contracts but loans for the  Nigerian National Petroleum Corporation (NNPC). His Senior Special Assistant (Media and Publicity), Laolu Akande, had earlier yesterday in his twitter page, @akandeoji, announced that Osinbajo admitted granting approval to the NNPC for two oil contracts worth N640

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OPEC and Non-OPEC members meet in Vienna to discuss extending oil cut deal, tracking exports

Agency reports   OPEC and non-OPEC nations meeting on Friday will focus on a possible extension of an oil supply cut deal to support prices and monitoring exports to assess compliance. The Organization of the Petroleum Exporting Countries aims to clear a global oil supply glut by curbing output by about 1.2 million

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