NUPENG had, in a release dated 31 January, given a 15-day ultimatum to government over six labour issues between some of its members and their respective companies.
Browsing: Dr. Maikanti Baru
The GMD described pipelines as arteries of the nation’s Oil and Gas Industry, adding that part of the reform process embarked upon by the corporation under his watch was to birth an NPSC that has a clear focus which sees pipeline storage and distribution as real business.
Princewill Demian 31 January 2018, Sweetcrude, Abuja – The Nigerian National Petroleum Corporation, NNPC, has stated that over 3,000 vehicles in …
“This 8th Senate is here to expose every corruption in the system, irrespective of how highly-placed those involved are, and therefore, the reason for this public hearing today. This unconstitutional and illegal practice must be addressed and we are not going to rest until it is fully addressed.”
The corporation called on the Senate Downstream Committee to assist in ensuring that the outstanding debt was settled to enable NNPC effectively achieve its obligation as the supplier of last resort to the downstream sector.
He disclosed that the company was currently supplying 50 per cent of the West African Gas Pipeline (WAGP) system gas, adding that it was the in thing to have more gas assets, while commending the company for leaving up to expectations.
He lamented that with the current unprecedented average daily fuel evacuation of 55 million litres since 1st December 2017 to date, it was imperative for the security agencies to close-in on the smuggling syndicates who were cashing in on the obvious petrol price differentials between Nigeria and neighboring countries to make illicit profit.
On diversification and backward integration, the GMD directed the company to venture into lubricants production, marine and industrial services to boost its revenue profile as it was an line with our quest as an integrated oil company
Vincent Toritseju 22 January 2018, Sweetcrude, Lagos — Plans by the Federal Government to change Nigeria’s crude oil trading terms…
Sen. Marafa lamented the amount paid by the Nigerian National Petroleum Corporation (NNPC) was not approved by the National Assembly as required by law.
