OpeOluwani Akintayo Lagos — Nigeria Bulk Electricity Trading Plc, NBET has been summoned by the Senate over alleged mismanagement of…
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OpeOluwani Akintayo 02 April 2018, Sweetcrude, Lagos — Seplat Petroleum Development Company Plc has announced a settlement between its wholly…
The OPL 245, an oil field believed to be the largest in Africa with over nine billion barrels of crude, was said to have been fraudulently acquired from the Federal Government by Malabu Oil and Gas Limited in 1998 and afterwards offered to oil giants, Shell and Agip, in a shady shady deal.
“The charge of aiding the commission of money laundering offences preferred against me has finally confirmed the orchestrated plans to bring me to public disrepute in order to satisfy the whims and caprices of some powerful interests on revenge mission.
Adoke said there was no way he could be held responsible for a transaction which was concluded about seven years before he became a minister.
*Says payment was approved by Obasanjo’s government 15 December 2016, Abuja — A former Attorney General of the Federation (AGF)…
“The declaration by the AuGF (Auditor General of the Federation) may have been borne out of misunderstanding of how revenues from crude oil and gas sales are remitted into the Federation Account,” said NNPC Chief Financial Officer Isiaka Abdulrazaq in a statement.