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How Fuel subsidy cost Nigeria $65bn in four years-Kachikwu

Ibe Kachikwu, minister of state for petroleum resources, has said subsidies for petrol and kerosene cost Nigeria $65bn between 2011 and 2015. According to Kachikwu,...

Exclusive! N104bn Mess: Jonathan, Diezani Part Ways!

Diezani Accuses Jonathan of Dumping Her in High-Wire Survival Plots. UK Probes Omokore, Diezani links in Massive Funds Transfers… How Danjuma, Abdulsalami, Gusau Intervened...

Lawal, Oke, Petroleum Price Top Agenda As Buhari resumes • Meets AGF, NNPC GMD

After missing three Federal Executive Council, FEC meetings and speculations about his state of health, President Muhammadu Buhari is back on his desk at...

Nigeria Lost $794.22m to Gas Flaring in One Year

Gas flaring activities by the Oil and Gas firms operating in the country has made Nigeria to lose $794.22 million amounting to about N246.209bn...

Fuel Scarcity Hits Lagos, Abuja…As NNPC blames fuel scarcity on NARTO, PTD strike

A day after the expiration of the three-day deadline given by Major Marketers Association of Nigeria,  MOMAN, to stop lifting petroleum products due to...

FAAC Raises Panel over NNPC’s Unremitted $1.48bn

…Revenue Into Federation Account Drops By N86.42bn The Federation Account Allocation Committee (FAAC) on Monday night constituted a committee to find out the  reasons for...

Ferreira: ‘Probing NNPC Good For Nigeria’

Probing the Nigerian National Petroleum Corporation, NNPC by the in-coming government of Muhammadu Buhari  would address the twin problems of corruption and impunity in...

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