*Insists “greedy” marketers are cause of fuel scarcity *Says marketers smuggle products out of Nigeria OpeOluwani Akintayo 30 December 2017,…
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“There is no contract fraud anywhere. Part of the contract alleged to have been awarded were presented to the Federal Executive Council two weeks ago.”
29 December 2017, Singapore/London — U.S. oil prices hit their highest since mid-2015 on the final trading day of the…
“This is not a time for diversionary issues as the petroleum sector is dealing with a serious national issue. We are focused on collaboratively finding an urgent solution to this crises.”
The Committee chaired by Senator Kabiru Marafa, has been meeting with relevant stakeholders to find a lasting solution to the fuel scarcity.
The GGM noted that the bid opening was conducted openly in the full glare of representatives of the bidding companies to demonstrate NNPC’s commitment to transparency and due process in all its operations.
According to him, NNPC is winning the war and putting in place adequate measures to ensure the product is easily accessible to the people in all parts of the country.
“It is an undisputable fact that DAPPMA members have paid for petrol supply (with bank funds) for over one month, the value of which is in excess of N90bn, yet PPMC/NNPC had no cargo to allocate to them.”
Michael James 28 December 2017, Sweetcrude, Lagos — The Senate President, Bukola Saraki has directed the committee on petroleum resources to…
28 December 2017, London — Oil and gas producers, pipeline operators and refiners in Kuwait, the United Arab Emirates, Saudi…
