Tag: NNPC

NNPC under remitted N77.92bn in 2017 – NEITI

The Nigerian Extractive Industries Transparency Initiative (NEITI) has disclosed that the Nigerian National Petroleum Corporation (NNPC) under-remitted N77.92billion to the federation account in 2017. The pilot study report on the sale of crude oil, however, noted that there is an ongoing reconciliation of the amount that arose from […]

Corruption: Buhari’s Presidency Stinks – PDP

…Says Obono-Obla, HOSF Fraud, Tip of the Iceberg The Peoples Democratic Party (PDP) says the Buhari Presidency is rotten and reeks of incurable corruption, festering up to every level. The party says the shocking revelations of multi-dimensional sleazes, bribery, stealing and extortions in President Buhari’s Special Investigation Panel […]

NNPC targets China to boost crude reserves

…Tasks PLAN on pipeline safety   The Nigerian National Petroleum Corporation (NNPC) is banking on its blooming strategic partnership with China and new investments in the upstream petroleum sector to actualize the nation’s crude oil reserves and 3,000,000 barrels per day oil production target by 2023. The corporation […]