Federal Government targets N3.6 trillion investments in oil, gas infrastructure
Federal Government has renewed its commitment to attract over $10 billion (N3.6 trillion) to the Niger Delta between 2017 and 2019 through investments in infrastructure.
Endless probe on NNPC
My guess is like yours when I read a recent report that the Senate is to probe the Nigerian National Petroleum Corporation, (NNPC).
Osinbajo, Kachikwu, NNPC’s GMD Baru meet over cash-call venture
Kachikwu told State House Correspondents after the meeting that government had indicated interest to leave the programme over alleged perennial abuse in funding upstream oil and gas joint venture operations with international oil companies in the country.
Buhari’s race to develop the north
Unfortunately, considering the utterances and actions of Buhari, there is the consciousness of the tragic fact that he is not likely to change despite the citizens’ protests against his concentration of developmental efforts on the north.
Senate under pressure to drop probe of $25b NNPC contracts
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)
Sell outdated refineries now!
What will Nigeria do with its money-guzzling and decrepit refineries that have not been meeting the objectives for which they were set up barely 50 years ago? That has been the lingering question, which needs an answer that may determine the value the country can get from the derelict facilities.
Senate summons NNPC’s Baru, others over alleged revocation, re-award of OML 13 without due process
The Senate has invited the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, to explain his roles in the alleged abuse of due process in the revocation of Oil Mining Licence...
Catalogue of divisions in the Presidency
Mid-September, Honorable Minister of State for Petroleum Resources, Dr. Emmanuel Ibe kachukwu in excitement asked Nigerians on Twitter to ask him any question on social media, and he would answer.
Fire guts Kachikwu’s house, ministry rules out sabotage
The Asokoro residence of the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, in Abuja caught fire on Sunday evening.
$25b NNPC contracts not awarded, presidency insists
Laolu Akande said no contracts were awarded by the NNPC based on the memo of the Petroleum Resources Minister of State, Dr. Ibe Kachikwu to President Muhammadu Buhari, even though the impression has been maliciously created in the past few weeks.