WHY NNPC CANCELLED DINNER WITH NATIONAL ASSEMBLY MEMBERS SLATED FOR YESTERDAY

Okechukwu Nnodim, Abuja A dinner that was meant to hold at 7pm on Tuesday between the Nigerian National Petroleum Corporation and members of the National Assembly was cancelled by the oil firm abruptly. It was learnt that the meeting, which was scheduled to hold at the Trancorp Hilton in Abuja, was called off following allegations in the social media that the national oil firm was trying to influence the planned probe of the NNPC’s Group Managing Director, Maikanti Baru, by the lawmakers. In October, the Senate resolved to probe into…

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NNPC BEGINS OIL EXPLORATION FOR OIL IN NASARAWA

Oil search in the nation’s inland basins received a fresh impetus following the commencement of exploration activities in the Benue Trough by the Nigerian National Petroleum Corporation (NNPC). According to a statement by the NNPC in Abuja, Group Managing Director of the Corporation, Mr. Maikanti Baru, announced this development during a visit to the Governor of Nasarawa State, Mr. Umaru Tanko Almakura in Lafia.Baru stated that the visit was in fulfillment of the Presidential mandate which directed NNPC to resume oil exploration activities in some of the nation’s inland basins…

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KADUNA REFINERY DORMANT, WARRI, PORT HARCOURT PRODUCING BELOW 30% SAYS NNPC

Okechukwu Nnodim There seems to be no end in sight to the downward operational performance of Nigeria’s refineries since the beginning of 2017 despite several interventions made to reinvigorate the facilities by the Nigerian National Petroleum Corporation.. The latest monthly oil and gas report released by the national oil firm showed that the cumulative capacity utilisation of the nation’s three refineries dropped further from 12.73 per cent in June to 11.94 per cent in July 2017. On individual performance, the Kaduna Refining and Petrochemical Company remained dormant for the two…

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NIGERIA AND THE ENDLESS PROBE OF NNPC BY ERIC TENIOLA

ENDLESS PROBE ON NNPC BY ERIC TENIOLA My guess is like yours when I read a recent report that the Senate is to probe the Nigerian National Petroleum Corporation, the NNPC.I can’t tell the outcome of the Senate probe this time but like many probes conducted by the National Assembly I don’t have much anxiety at all. Thirty-Seven years ago I was anxious about such a probe. On December 12 1979 I covered the sitting of the House of Representatives and a motion was brought by Mr Dagogo Princewill(Degema) and…

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WHY BARU IGNORED KACHIKWU IN THE RUNNING OF NNPC

JOHN ALECHENU,  ENIOLA Akinkuotu and OKECHUKWU NNODIM Sources close to the Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru, have revealed the reasons the NNPC boss ignored the Minister of State for Petroleum Resources, Ibe Kachikwu in the running of the corporation. The sources told SUNDAY PUNCH that the Act establishing the NNPC stipulates that the chairman of the corporation’s board is the Minister of Petroleum Resources and not the Minister of State for Petroleum Resources. President Muhammadu Buhari is Nigeria’s Minister of Petroleum Resources while Kachikwu is the Minister of State for Petroleum Resources.…

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BUHARI IS NOT INTERESTED IN SEEING KACHIKWU, SAYS BBOG CO-CONVENER AISHA YESUFU

Co-convener of the BringBackOurGirls, BBOG, advocacy group, Aisha Yesufu has berated President Muhammadu Buhari over his ‘treatment’ of the Minister of State for Petroleum, Ibe Kachikwu. She insisted that Buhari was never interested in seeing Kachikwu. Aisha made the claim while reacting to Kachikwu’s letter to the president, wherein he accused the Group Managing Director of the Nigeria National Petroleum Corporation, NNPC, Maikanti Baru of insubordination. Kachikwu also accused the NNPC GMD of awarding contracts worth over $26 billion without getting the approval of the Corporation’s board. The Minister further claimed…

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KACHIKWU- BARU CLASH : THE LAKE CHAD OIL EXPLORATION ANGLE, OTHERS

From Uche Usim, Abuja THE sour relationship between the Minister of State, Petroleum Resourc- es, Dr. Ibe Kachikwu and the Group Managing Di- rector of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, did not start the day Kachikwu’s memo leaked to public, Daily Sun investigation has revealed. Indeed it actually started when Baru was appointed the NNPC boss by President Muhammadu Buhari in July 2016. Prior to his appointment as NNPC GMD, Baru was Group Executive Director, Exploration and Production, at the Corporation. Even before assuming the exhaulted…

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BREAKING: SENATE PROBES NNPC BOSS, BARU

Leke Baiyewu, Abuja The Senate has set up a panel to probe the Group Managing Director of the Nigeria National Petroleum Corporation, Dr. Maikanti Baru, over allegations made against him in a petition to President Muhammadu Buhari by the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu. The panel will also investigate the policy introduced by the NNPC Trading Limited, a subsidiary of the corporation, among other issues.

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PETROLEUM MINISTER WRITES BUHARI, ACCUSES NNPC BOSS OF INSUBORDINATION AND HUMILIATING HIM

Minister of State for Petroleum Dr. Ibe Kachikwu has accused the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC) Dr. Maikanti Baru of “insubordination and humiliating conducts” in a letter to President Muhammadu Buhari. The letter, dated August 30, 2017, was circulated widely in the social media yesterday. The NNPC had announced  major appointments and redeployments on August 29, 2017. The minister, who chairs the NNPC Board, complained in the letter that the NNPC Board, which by NNPC statutes was meant to review appointments and postings, was never…

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