Senate Probes Unbundling Of NNPC, Describes President’s Action As Illegal

Cat:

Related stories

Top 10 wealthiest cities in the world in 2025

1/11 Wealthiest cities in the world ​In 2025, the global distribution...

Why No Foreigner Should Enter Nigeria Without Visa — Tunji-Ojo Tells Airlines

By Kolawole Ojebisi The Minister of Interior, Dr Olubunmi Tunji-Ojo,...

2027: Atiku, Sambo Visit Aregbesola in Osun Ahead of Owa Obokun’s Historic Coronation

• Obasanjo, Adeleke, Oyetola, Others Also Present By Abiola Olawale Former...

Belgium’s future queen caught up in Harvard foreign student ban

Princess Elisabeth, the 23-year-old future queen of Belgium, has...

Opposition has continued to trail the unbundling of the Nigerian National Petroleum Corporation, NNPC, as the Upper Chamber of the National Assembly on Wednesday described the action as illegal. It has also begun the process of probing the decision taken by President Muhammadu Buhari.

The Senate Chief Whip, Senator Olusola Adeyeye, in a Point of Order he raised during Wednesday’s plenary, drew the attention of his colleagues to the unbundling of the oil firm in charge of the oil and gas sector in the country.

Adeyeye who will formally present a motion on Thursday where there would be extensive debate at the plenary, described the exercise as illegal as the federal government did not consult the National Assembly to repeal the enabling law that set up the organisation, before breaking it into different components.

This is happening the same day that workers of the state oil firm shut down the corporation’s operations nationwide to protest against the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu as well as the NNPC management for not carrying them along in the decision.

Culled From The Will
Culled From The Will
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

NDN
Latest News
Top 10 wealthiest cities in the world in 2025BREAKING! Judge Halts Trump's Ban on Harvard’s International Students EnrollmentWhy No Foreigner Should Enter Nigeria Without Visa --- Tunji-Ojo Tells Airlines2027: Atiku, Sambo Visit Aregbesola in Osun Ahead of Owa Obokun’s Historic CoronationBelgium’s future queen caught up in Harvard foreign student banHarvard Drags Trump's Govt to Court Over International Students Enrollment Ban2027: Yahaya Bello Speaks on Presidential Ambition, Tinubu2027: A'Ibom Governor, Umo Eno Tells Aides: Defect With Me Or ResignFagbemi: How Nigeria Was Rescued From $11bn P&ID ScamExclusive! 2027: Atiku, Obi, El-Rufai, Amaechi, Fayemi, Aregbesola, Shekerau, Mark, Others Meet SundayShagari: Why APC Adopted Tinubu As Sole Presidential Candidate For 2027Defection: You Don't Blame People For Bailing Out Of Sinking Ship, Tinubu Taunts CriticsBREAKING! Trump Blocks Harvard University's International Students EnrollmentUzodinma, Sanwo-Olu, Zulum, Other APC Governors Endorse Tinubu as 2027 Presidential FlagbearerMinority Leader Kicks As Another LP Legislator Dumps Party For APC
X whatsapp