nnpc
SERAP Gives NNPC 7 Days Ultimatum to Account for ‘Missing $2.04bn, N164bn Oil Revenues’
The Socio-Economic Rights and Accountability Project (SERAP) has issued a stern ultimatum to the Nigerian National Petroleum Company (NNPC) Limited, demanding accountability for alleged missing oil revenues totaling USD$2.04 billion and N164 billion.
This call to action follows the revelations … Continue Reading
NNPC and CBN Establish Revenue Management Limits for Oil Firms
The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) have jointly set limits for the management of revenue generated by oil firms.
This decision was reached during a meeting between Mele Kyari, NNPC’s Group Chief … Continue Reading
Buhari Appoints Ifeanyi Ararume as Chairman of NNPC Board
President Buhari has appointed Senator Ifeanyi Ararume as chairman of the NNPC board, according to a press release by the Special Adviser to President Buhari on Media and Publicity, Femi Adesina.
The appointment came after the President, in his … Continue Reading
President Buhari Reconstitutes NNPC Board
President Muhammadu Buhari has approved the reconstitution of the Board of the Nigerian National Petroleum Corporation (NNPC).
This is coming after the expiration of the term of the board members appointed in 2016.
The reconstitution of the board was contained … Continue Reading
Ex-NNPC GMD, Maikanti Baru Dies At 60
Maikanti Baru, the immediate past Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has died.
Reports say Baru who was appointed GMD of the state-run oil corporation by President Muhammadu Buhari in July 2016, died on Friday night.… Continue Reading