Court Orders NNPC Fund To Pay Retirees N500 Million

Presiding Judge, Justice Maureen Esowe gave the order while delivering judgment in a case filed by one Moshe Amaechi and three others on behalf of the pre-2004 retirees of the…

Delta to partner with NNPC on gas production

Written by Joe Nwachukwu, Owerri Thursday, 16 August 2012

DELTA state government is to partner with the Nigerian National Petroleum Corporation (NNPC) in the establishment of gas, petro-chemical and fertiliser plants in the state.

The state governor, Dr Emmanuel Uduaghan, who announced this…

Suspects Of 6.5m Oil BarrelsTheft Name Top NNPC, PDP Officials As Sponsors

INVESTIGATORS are currently probing some chieftains of the Peoples Democratic Party manipulated as being the mastermind of 6.5 million barrels crude oil theft, The PUNCH investigation has shown.

Also, two officials of the Nigerian National Petroleum Corporation and two marketers alleged to be part of the thieving ring are to questioned by investigators.

Already, six new suspects, including four additional Filipinos and two Russians had been arrested for the theft. Six…

NNPC Spokesman, Ajuonoma, Northern Elder, Ibrahim Damcida, Die in Dana Crash

NNPC Spokesman, Ajuonoma, Northern Elder, Ibrahim Damcida, Die in Dana Crash

NNPC Spends ₦1.35bn Annually On 36 Employees

The Nigerian National Petroleum Corporation has been spending N1.35bn annually on 36 of its employees redeployed to the Nigerian Content Development and Monitoring Board.This much was discovered and made known by the Presidential Committee on Restructuring and Rationalisation of Federal Government Parastatals, Commissions and Agencies in its report.

Apart from the fuel subsidy issue, the NCDMB, which was established on April 22, 2010, came under serious scrutiny from the members…

NNPC Mega-Station Runs As Private Business in Calabar, As Diesel is Sold Above Official Rate

NNPC Mega-Station Runs As Private Business in Calabar, As Diesel is Sold Above Official Rate

Despite the oil subsidy probe, some persons at the NNPC Fueling Station in Calabar appear unbothered as they continue to subsidies their pockets.

For example, the Manager and officials at NNPC Fueling Station along Murtala Mohammed Highway,…