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Lawyers, social critics, Aba residents and civil society groups on Thursday lauded the 12-year prison sentence handed down to ex-Governor Orji Kalu of Abia by a Federal High Court in Lagos.
The Nigeria Extractive Industries Transparency Initiative (NEITI) said that N28.58 trillion was remitted to the Federation Account between 2012 and 2016, from mineral revenues, non-mineral revenues and Value Added Tax (VAT).
N28.58 trillion was remitted to Nigeria’s Federation Account between 2012 and 2016, according to a report from the Nigeria Extractive Industries Transparency Initiative (NEITI).
Against recent allegations of corruption against aides of President Muhammadu Buhari, the opposition Peoples Democratic Party (PDP) has passed an interim verdict on his presidency, saying “it is rotten and reeks of incurable corruption, festering up to every level”.
The federal government has filed an application before the Federal High Court in Abuja seeking for interim forfeiture of monies and properties allegedly traced to an official of Petroleum Equalization Fund (PEF).
The Independent Petroleum Marketers Association of Nigeria (IPMAN) yesterday advised the Federal Government to deregulate the donstream oil sector so as to attract investors and end fuel scarcity.
The Petroleum Equalisation Fund (PEF) says it’s newly introduced automation distribution system has helped the monitoring of movement of petroleum products across the country.
Prof. Wunmi Iledare, outgoing President, Nigeria Association for Energy Economics (NAEE) says the passage of the Petroleum Industry Governance Bill (PIGB) by the senate was a welcome development for the industry.
The Federal Government yesterday said it has taken measures to end the guess work on the millions of litres of Petroleum Motor Spirit (PMS) used daily in the county.
The Minister of Finance, Mrs. Zainab Ahmed, and the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, have been summoned to appear before a House of Representatives joint committee next Thursday to explain their roles in an alleged unbudgeted funds being paid as fuel subsidy.
The Nigerian National Petroleum Corporation (NNPC) has disclosed the source of the $1.05 billion revolving fund it said it uses to support its supply of petrol to Nigerians since private oil marketers stopped importing and supplying petrol in the country.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Federal Government to expedite action on the repair and reconstruction of bad roads across the country.
The Federal Executive Council (FEC) meeting, presided over by Acting President, Yemi Osinbajo, has approved the sum of N17 billion for the installation of technology monitoring schemes and structures under Petroleum Equalisation Fund (PEF).
The Federal Executive Council (FEC) has approved the installation of technology monitoring schemes and structures under the Petroleum Equalisation Fund (PEF) for N17 billion.
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Gov. David Umahi of Ebonyi on Friday, presented a budget of N178.1 billion for 2020 to the state House of Assembly.
The National Chairman of All Progressives Congress (APC), Adams Oshiomhole, has denied reports that he was placed under house arrest in Edo.
The Abuja Electricity Distribution Company (AEDC), says customers in parts of Central Area, Abuja will experience power interruption on December 14 and 15 due to maintenance of its facility. .
Sunshine Stars head coach Kabiru Dogo may dump the Akure club in the coming days, revealed a source close to the gaffer.
Super Eagles striker Victor Osimhen missed a late penalty but it was not enough to prevent Lille from beating visiting Montpellier 2-1 On the French Ligue 1 on Friday night.
Femi Adesina, presidential spokesman, says as a sovereign nation, Nigeria is not be bothered about the reports from the United States, United Kingdom and European Union as regards abuse of human rights issues.
The Nigeria Weightlifting Federation (NWF), says it has selected five lifters to represent the country at the 6th International Qatar Weightlifting Cup slated for December 19 to 24 in Doha.
Manchester United star Marcus Rashford reportedly made contact in the past with Barcelona despite his obvious loyalties to his boyhood club.
Apple Inc’s iPhone shipments in China fell more than 35% in November, marking their second straight double-digit decline as sales of the cheaper iPhone 11 remained sluggish, brokerage Credit Suisse said on Thursday.
Benue State Governor Samuel Ortom has described the death of renown evangelist Reinhard Bonnke as a big blow to christendom and the entire world.