Again, FAAC meeting ends abruptly over distorted figures from NNPC
The Federation Accounts Allocation Committee (FAAC) meeting ended midway in Abuja on Wednesday night without sharing allocations…
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Reps commences probe of $22bn NNPC’s Brass LNG project
The House of Representatives, on Thursday, resolved to set an ad hoc committee to investigate the expenditure and implementation…
Governors query payment of N800b fuel subsidy by NNPC, meet in June
The Chairman of Governors’ Forum, Governor Abdulaziz Yari of Zamfara State says the National Economic Council (NEC) will soon take…
Govs allege fraud in NNPC, want tracking devices on fuel trucks
The Nigerian Governors Forum on Wednesday accused the Nigerian National Petroleum Corporation of fraudulently doubling daily…
$1.8bn TAM contract: SERAP, NBA, others condemn FG, NNPC
The Socio-Economic Right and Accountability Project (SERAP) and other prominent civil rights groups on Monday criticized the …
Gas flaring: NNPC sets 2020 deadline
The Nigerian National Petroleum Corporation (NNPC) has said it with ensure zero gas flaring compliance from oil fields in 2020.…
FAAC: FG, States, LGs settle differences with NNPC; share N626.8b for April
The federal government, states and local governments shared N626.8 billion for the month of April.
Ahmed Idris, the…
Again, FAAC meeting deadlocked over poor returns from NNPC
Again the monthly meeting of the Federation Account Allocation Committee (FAAC) scheduled to hold on Wednesday in Abuja was…
Our financial statements now updated – NNPC
The Nigerian National Petroleum Corporation (NNPC) said on Sunday that it had updated its outstanding audit of the group financial…
Oil Production Cost Per Barrel Down To $20 – NNPC
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, represented by NNPC’s Chief…