Saturday, 23rd September 2023
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DSDP

20 Jun
The NNPCL decided to wind down its Direct Sale Direct Purchase (DSDP) contracts after the recent 300% PMS price increase. All the fuel subsidy claimed from 2020-2023 had originated from PMS imported under DSDP contracts.
8 Jun
Although exact figures and terms of reference remain a secret as transparency and accountability concerns cloud the Direct Sale Direct Purchase (DSDP) arrangement of the Nigerian National Petroleum Company Limited...
12 Feb 2022
There are strong indications that excessive and unfair profit seeking practice by some contractors handling Nigeria National Petroleum Corporation (NNPC) Limited crude-for-fuel swap contracts may be the reason off-spec petroleum...
3 Mar 2021
The House of Representatives has resolved to investigate the allocation of crude oil under the Direct Sale Direct Purchase (DSDP) scheme.
3 May 2019
The Nigerian National Petleum Corporation (NNPC) yesterday said $2.2 billion (N673.2 billion) had been saved from refining over 40 billion...

Latest

11 mins ago
AIDS Healthcare Foundation (AHF), a non-governmental organisation on Friday inaugurated community advocacy clubs in three states to address public health and developmental challenges in the communities. Mr Steve Aborisade Advocacy and Marketing Manager AHF disclosed this at the inaugural launch of FCT Community Advocacy Club in Waru community Abuja. Aborisade said the advocacy clubs were…
58 mins ago
The United Nations Women Regional Director for UN Women Central and West Africa, Maxime Hounato, said that gender inequality is crippling the nation economy. He noted that according to the gender-based violence records, violence against women is 90%, while others are 10% Hounato disclosed this in Abuja, at the press briefing, on his visit to…
1 hour ago
The United Nations Positive Livelihood and Awards Centre (UN-POLAC Foundation) has hinged attainment of the Sustainable Development Goals on the promotion of peace across spheres. The Director, Women, Youth and Children, United Nations POLAC, Dr. Cynthia Obiorah, made the statement during the International Day of Peace celebration yesterday in Abuja with theme, Actions for Peace:…
1 hour ago
The Director, Bolton White Group, Mr. Kingsley Obiukwu, has stated that the vision of the group is to create a space where business and leisure converge; where ideas flow freely and every detail embodies the essence of excellence. Obiukwu, who was talking about a proposed Convention Centre in Abuja, added that Bolton White Group was…
1 hour ago
The Initiative for Self-Esteem Education and Advocacy (ISEEA), has identified low self-esteem as one major reasons young girls are susceptible to sexual abuse. ISEEA, a body which advocates for Sustainable Development Goal - Good Health and well-being for all at all ages, also promotes awareness on the importance of self-esteem as well as help young…