GMD

The Nigerian National Petroleum Corporation (NNPC) and its Joint Venture (JV) Partner, Nigeria Agip Oil Company (NAOC) ltd., have pledged commitment to implement Okpai Phase 2 project to increase electricity generation with 500 MegaWatts (MW) .

The Group Managing Director‎ (GMD) of Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Kachalla Baru, has challenged Nigerian universities on scientific research and technology incubation to promote the country’s local content policy, industrialisation and economic growth.

Hope of reducing Nigeria’s export of its crude oil overseas for refining has been rekindled by the assurance of the Group Managing Director, GMD, Nigerian National Petroleum Corporation, Dr. Maikanti Baru, that the nation will achieve at least 90 per cent refining capacity by the end of 2019.

Dr Makanti Baru, the Group Managing Director (GMD) of the Nigeria National Petroleum Corporation (NNPC) , has advised parents to encourage their daughters to take up careers in engineering.

The federal government says its annual expenditure on fuel subsidy has risen to over N1.4 trillion.

The Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, on Saturday assured Nigerians that the era of fuel scarcity is gone for good.

AN investigator with the Economic and Financial Crimes Commission (EFCC), Chukwuma Orji, on Tuesday told an Ikeja High Court how some items listed to cost N1. 450m was changed to N39. 4m by some officials of the Nigerian Maritime Administration and Safety Agency, (NIMASA).

The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Dr. Maikanti Baru, has ordered an immediate assessment of the damage caused by a fire on the Escarvos to Lagos Pipeline (ELP), a natural gas pipeline which supplies gas from Escravos region of the Niger Delta area to Lagos.

Presidency on Tuesday in Abuja summoned critical stakeholders in the nation’s oil sector and the leadership of security agencies in the country to end the scarcity of petrol in the country.

The Senate yesterday described the introduction of the N26 subsidy on the pump price of Premium Motor Spirit (PMS) also known as petrol, as completely illegal and unwarranted.

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, yesterday said the corporation was subsidising fuel because government was not favourably disposed to having the pump price exceed the N145 per litre.

Former Minister of Petroleum, Prof Tam David-West, has said he can fix the nagging fuel scarcity across the country if given the responsibility.

The Nigerian National Petroleum Corporation, NNPC, plans to build power plants with combined capacity of 4600 megawatts in Abuja, Kaduna and Kano States.

A prosecution witness in the ongoing trial of the former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, yesterday gave detailed account of how the sum of $9.7 million and ‎£74,000 kept in a fireproof safe was recovered from his house (Yakubu).

Across Africa, the Public Private Partnership (PPP) model has become increasingly critical as both a funding and operational mechanism for social and economic infrastructures

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kacalla Baru, has said the joint venture between the NNPC and the Nigerian Agip Oil Company (NAOC) will add an extra 480 megawatts (MW) to the federal government’s power generation aspiration.

Ekiti State Governor Ayodele Fayose has alleged that the President Muhammadu Buhari’s administration was corrupt, describing the scale of corruption in the government as ‘rotten and scandalous’.

Ekiti State Governor, Mr. Ayodele Fayose, has described the President Muhammadu Buhari-led government as one that is rotten and covered with scandalous corruption, saying; “within the last one month, Nigerians have been confronted with messy revelations that gave credence to my earlier position that President Buhari is the life patron of corruption in Nigeria.”