Nigeria’s major oil company, Nigerian National Petroleum Corporation Limited (NNPCL), has said that it is not under obligation to disclose its dealings and be accountable to the public in the …
NNPCL
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Nigeria: A tale of missing billions of dollars, Naira, and wasted N40 trillion
by Adminby AdminThe Social and Rights and Accountability Project (SERAP) has unveiled a mind-boggling missing billions of dollars and Naira, a nerve-racking wastage of N45 trillion. On Sunday, the Non-governmental organisation urged …
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BusinessNews
Vandalism of 5,000kms of oil pipelines, a national calamity, NNPCL chief cries out
by Adminby AdminOne moment, one story is the situation of the Nigerian National Petroleum Company Limited (NNPCL). Now it is crying out that vandalism on over 5,000 kilometers of oil pipelines across …
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By Laolu Akande, New York Not being a depositors’ bank, AFREXIM is unable on its own to raise the $3B loan it agreed to provide to the NNPC Ltd in …
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BusinessNews
NNPC: Probe missing $2.1bn, N3.1trn of subsidy payments or face legal action, SERAP tells Tinubu
by Adminby AdminSocio-Economic Rights and Accountability Project (SERAP) has urged President Bola Ahmed Tinubu to “set up a presidential panel of enquiry to promptly probe the grim allegations that US$2.1 billion and …
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The Federal Executive Council (FEC) has approved the recommendation for the Nigerian National Petroleum Corporation Limited (NNPCL) to invest N1.9 trillion in the reconstruction of 44 federal roads under the …