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Federal Government’s oil revenues slashed by N11.52 billion used for the protection and repairs of 87-kilometre Trans Forcados crude oil pipeline in the Niger Delta in 60 days, document shows
The Nigerian National Petroleum Corporation (NNPC) has revealed that it lost over $800 million revenue to all the stakeholders owing to breaches of contracts of its old regime.
The management of the Nigerian National Petroleum Corporation (NNPC) said it was compelled to award the surveillance contract of the strategic 87-kilometre Trans Forcados Pipeline (TFP) to a new contractor because the country has lost $800 million revenue in 2018 due to incessant breaches on the pipeline.
As tongues wag over the award of oil infrastructure surveillance contract to an indigenous firm, Ocean Marine Solutions for the protection of the strategic 87-kilometre Trans Forcados Pipeline (TFP), the management of the Nigerian National Petroleum Corporation (NNPC) on Tuesday said breaches from the earlier contract cost the Corporation a whopping $800 million.
Tension has started building up in Delta State due to the decision of the Nigerian National Petroleum Corporation (NNPC) to award oil infrastructure surveillance contract to Ocean Marine Solution Limited contrary to extant rules.
The Nigerian National Petroleum Corporation (NNPC) says oil revenue in the first ten months of the year exceeded the 2017 budget oil benchmark of $44.50 per barrel by 18 per cent.
A witness invited by the petitioners before the Presidential Election Petition Tribunal (PEPT) has disagreed with the results of the last presidential election in Katsina State as claimed by the Peoples Democratic Party (PDP) and its candidate in the last presidential election, Atiku Abubakar.
Barcelona have agreed to sell left-back Marc Cucurella to Getafe just a day after they brought him back from Eibar.
The Kaduna State House of Assembly has began deliberations on the N81.68 billion supplementary budget forwarded to it by Gov. Nasiru El-Rufai.
The Nigerian Air Force (NAF) has appointed new Branch Chiefs, redeployed two Air Officers Commanding (AOCs) and other senior officers.
The Mexican drug kingpin Joaquin “El Chapo” Guzman has been sentenced to life behind bars in a U.S. prison, a humbling end for a drug lord once notorious for his ability to kill, bribe or tunnel his way out of trouble.
The National Emergency Management Agency (NEMA) says 14 persons have so far died and four others severely injured in the collapsed three-storey building at Delimi Community of Jos North Local Government Area of Plateau.
Apostle Johnson Suleiman, the senior pastor and general overseer of Omega Fire Ministries International, has described the inscription of herdsmen in the new Nigeria passport as a shameful act.
The Court of Appeal in Abuja has declared the detention of former National Security Adviser (NSA), Colonel Sambo Dasuki, by the Department of State Security Service (DSS) as illegal, unlawful and unconstitutional and ordered his release on conditional bail.
Juventus have joined Manchester City and Inter in the battle to sign Dani Alves as a free agent.
President of the Nigeria Labour Congress (NLC), Comrade Ayuba Wabba, has said that the Congress has not issued any strike notice over the implementation of the new national minimum wage by the government.