Nigeria: The urgent need to reform NNPC
Two reports published shortly before the COVID-19 lockdown paint a stark picture of NNPC, the Nigerian state hydrocarbon company, as a sub-optimally governed and remarkably inefficient commercial enterprise that is also neither transparent nor accountable.
Delta intensifies ‘war’ on violators of COVID-19 protocols, unveils more mobile courts
Following the increasing cases of coronavirus in Delta State, the government has resolved to intensify the ‘war’ against violators of its directives by adopting stringent measures aimed at ensuring full compliance with prescribed protocols.
Again, NNPC reshuffles team
Barely three months after a major reshuffle of its management team, the Nigerian National Petroleum Corporation (NNPC), yesterday, announced new appointments and redeployments.
NNPC redeploys top management
The Nigerian National Petroleum Corporation (NNPC) has redeployed some top management staff as part of ongoing efforts...
Ayobo residents raise alarm over fuel spillage, burst pipeline
Residents of Ayobo area of Lagos State yesterday raised the alarm over fuel spillage following a damaged pipeline in the area belonging to the Nigeria National Petroleum Corporation (NNPC).
Forex constraints: association says NNPC may continue as major importer of petroleum products
The Major Oil Marketers Association of Nigeria (MOMAN) has said that the NNPC may continue as the major importer of petroleum products, due to foreign exchange constraints by its members.
Federal Government hopeful of $5.7 billion investment from marginal fields
If the Federal Government succeeds with its on-going bid rounds for the 57 marginal oilfields being offered to investors, it might be able to attract about $5.7billion into the economy.
Police uncover illegal NNPC petrol conduits, arrest two suspects in Lagos
Operatives of the Inspector General of Police (IGP) Intelligence Response Team (IRT) have uncovered two wells at Ejigbo area of Lagos State, which are being used to siphon and sell petroleum products from a pipeline belonging to the Nigeria National Petroleum Corporation (NNPC).
South-South elders seek redistribution of marginal oil fields
South-South chiefs, elders and opinion leaders have decried the marginalisation of the region by the President Muhammadu Buhari-led administration.The leaders said that it was heartbreaking that about 83 per cent of oil blocs in the country were in the hands of northerners...