FG, states, LGs, withdraw N1.41trn from federation account
The total revenue shared in January between the federal, states and local government was N430.16 billion, meaning that federal took N168 billion, states, N114.28 billion and local government, N85.4 billion.
Ubah committed economic sabotage, NNPC tells court
The Nigerian National Petroleum Corporation (NNPC) yesterday told the Federal High Court, Lagos, that the Chief Executive Officer of Capital Oil and Gas Limited, Dr. Ifeanyi Ubah...
‘NNPC, CBN, 36 others fail to submit budget proposals’
The Senate President, Abubakar Bukola Saraki, submitted that the flagrant disrespect for existing laws guiding expenditure by the agencies was weakening the fight against corruption.
GE to assist in Nigeria’s refineries’ rehabilitation
General Electric (GE) has said that it would be assisting the Federal Government in the revitalisation of the country’s ailing refineries.
NNPC to resume oil exploration in Chad Basin in six weeks
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru says oil exploration activities in the Chad Basin will resume in six weeks time.
NNPC to resume oil prospecting in Lake Chad, says Baru
The Group Managing Director of NNPC, Dr Maikanti Baru, disclosed this when he visited Gov. Kashim Shettima at the Government House in Maiduguri on Monday.
Court declines to release Ubah from DSS custody
Justice Mohammed Idris of a Lagos Federal High Court yesterday declined to compel the Directorate of State Security (DSS) to release the managing director of Capital Oil and Gas Limited, Patrick Ifeanyi Ubah.
Court orders DSS to produce Ifeanyi Ubah May 12
A Federal High Court in Lagos, yesterday ordered the Department of State Services (DSS) to bring the detained Chief Executive Officer of Capital Oil and Gas, Dr. Ifeanyi Ubah to court on May 12.