NNPC
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Niger-Delta Nonviolence Agitators Forum, NDNAF, has weighed in on the debate over the £4.2 million repatriated from the United Kingdom, urging the Federal Government to return the money to the Delta State coffers. The agitators also passed a vote of confidence on the Minister of State, Petroleum Resources, Chief Timipre Sylva “for his innovations […]
The Nigerian National Petroleum Corporation has insisted that there is no increment in the ex-depot price of Premium Motor Spirit also known as petrol this month despite a template released by the Petroleum Products Pricing Regulatory Agency that the new price of petrol has reached N212.6 per litre. The ex-depot price is the price […]
The Federal Government has officially confirmed the return of fuel subsidy, as the Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, fixed the pump price of Premium Motor Spirit, PMS, also known as petrol, at N212.61 per litre, for the month of March. The new price, according to the PPPRA’s PMS guiding price, released to […]
Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele is expected to appear before the House of Representatives’ Public Accounts Committee to render the bank’s audited accounts this Thursday. Chairman of the Committee, Wole Oke, said they would be expected to render accounts from 2014 to 2019. Oke said they had written to […]
The House of Representatives Committee on Public Accounts has yet again requested the Nigerian National Petroleum Corporation (NNPC) to provide details of how the $20.3b it allegedly withdrew from the Nigerian Liquefied Natural Gas (NLNG) was used. Its request was contained in a letter with reference No: HR/PAC/SCO5/9NASS/QUE.9/974 dated December 7, 2020, signed by its […]
THE Federal Government has announced the reduction of petrol price by N5 per litre. This is to take effect from next week Monday. This was revealed by the Minister of Labour and Employment, Senator Chris Ngige on Monday after a meeting between the federal government and organized labour at the presidential Villa, Abuja. This decision […]