Andrew Yakubu’s Recovered Loot: Judge. Adjourned for Ruling

Judge Adjourns Sitting On Andrew Yakubu Money forfeiture Justice Z.B Abubakar of the Federal High Court Kano has adjourned for ruling on an application brought before her by Former Group Managing Director of NNPC, Engineer Andrew Yakubu seeking for a set aside of an order of interim forfeiture in respect of the sum of $9,772,000…

UK Supreme Court Grants Reprieve To NNPC Over $100Million Bank Guarantee

Ndu Ughamadu, Abuja: The Supreme Court of the United Kingdom in a unanimous judgment has granted a reprieve to Nigerian National Petroleum Corporation, NNPC, over a $100million Bank guarantee in a case involving the Corporation and a service company, IPCO (Nigeria) Limited. The reprieve was the latest in the protracted dispute arising from the contract…

NUPENG, Tanker Drivers, Suspend Strike Following NNPC’s Intervention

Ndu Ughamadu, Abuja: The National Union of Petroleum and Natural Gas Workers, NUPENG, has suspended its nationwide strike following the timely intervention of the Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru. The GMD said his intervention was in the national interest. Mediating over the faceoff between the Petroleum Tanker Drivers,…

After one day of staying off work, tanker drivers suspend strike

Petroleum Tankers Drivers (PTD), a branch of the Nigeria Union of Petroleum and Natural gas Workers, (NUPENG) has suspended its strike action after one day of expressing its grievance by staying off work. The group suspended the strike action to give room for further dialogue with the Federal Government and the Nigerian National Petroleum Corporation…

NNPC resolves NUPENG, tanker drivers crisis

The National Union of Petroleum and Natural Gas Workers, NUPENG, has suspended its nationwide strike which began on April 2. The suspension followed the intervention of the Group Managing Director of the Nigerian National Petroleum Corporation( NNPC), Dr Maikanti Baru. In a statement by Mr Ndu Ughamadu, NNPC group General Manager, Group Public Affairs Division……

NNPC, Civil Defense Corps Arrest Adulterated Petroleum Product Dealers

Yetunde Bada: The Nigeria Security and Civil Defense Corps (NSCDC), in Anambra, recently arrested seven suspects with three articulated vehicles, carrying 110,000 litres of suspected adulterated petroleum products. The suspects were arrested between Dec. 15, 2016 and Jan. 21 The Nigerian National Petroleum Corporation (NNPC) has warned the public on the circulation of adulterated petroleum…

NNPC cautions Nigerians against adulterated petroleum products

The Nigerian National Petroleum Corporation (NNPC) on Thursday in Abuja advised the public to be wary of adulterated petroleum products. The NNPC gave the advice in a statement by Mr Ndu Ughamadu, its Group General Manager, Group Public Affairs Division. According to Ughamadu, exercising caution by consumers could forestall explosion, knockdown of engines, equipment or……

DSS grills Ifeanyi Ubah over alleged NNPC missing fuel

Billionaire businessman and owner of Capital Oil and Gas Plc, was on Thursday grilled by operatives of the Department of State Security (DSS). Ripples Nigeria gathered that the meeting between the security operatives and Ubah, who is a governorship hopeful in Anambra state, is not unconnected to allegations brought against him by the NNPC. The…

News Summary 30-03-2017: Nigeria Applauded for Degrading Boko Haram

Nigeria Applauded for Degrading Boko Haram Nigeria has been commended for degrading Boko Haram through the multi-national joint task force of the Lake Chad Basin. United States Secretary of State, Rex Tillerson gave the commendation at the just concluded summit on global coalition working to defeat ISIS, held in Washington DC. Nigerian Students Attacked In…

NNPC mulls transformation to integrated energy company, to generate 8,000MW

The Nigerian National Petroleum Corporation (NNPC) says its ongoing reform is geared towards transforming the corporation from an oil and gas company into an integrated energy outfit. The NNPC Group Managing Director, Dr Maikanti Baru, said this on Wednesday in Abuja in a statement signed by Mr Ndu Ughamadu, the corporation’s Group General Manager, Group……

NNPC To Transform Into Integrated Energy Company

Ndu Ughamadu, Abuja: The ongoing reform of the Nigerian National Petroleum Corporation (NNPC) is geared towards transforming it from an oil and gas company into an integrated energy outfit with interest in power generation and transmission. This was disclosed by the Group Managing Director of NNPC, Dr Maikanti Baru, at the 53rd International Conference and…

NNPC Group Cautions on Phantom Recruitment Exercise

Ndu Ughamadu, Abuja: The Management of the Nigerian National Petroleum Corporation, NNPC, has raised the alarm on the existence of some dubious syndicates with specialty in extorting money from unsuspecting members of the public under the pretext of a purported recruitment exercise and promise of phantom job placements in the Corporation. The Corporation in a…