Okechukwu Nnodim


Twenty-four hours after the Federal Government replaced the Group Managing Director of the Nigerian National Petroleum Corporation, it announced the sacking of all the eight executive directors of the corporation.President-Muhammadu-Buhari

This was confirmed by the Group General Manager, Group Public Affairs Division, NNPC, Mr. Ohi Alegbe, in a statement on Wednesday night in Abuja.

Alegbe said in the statement, “The Federal Government has approved the retirement of all eight group executive directors of the NNPC with immediate effect. Read More →

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The Senate Committees on Petroleum Resources (Upstream and Downstream) have summoned Finance Minister, Dr Ngozi Okonjo-Iweala and Petroleum Minister, Diezani Alison-Madueke, to appear before them on Monday over lingering fuel scarcity.Kerosene-Queue

According to a statement by the Chairmen of the committees, Sen. Paulker Emmanuel (PDP-Bayelsa Central) Upstream and Sen. Magnus Abe (PDP-Rivers South-East) Downstream, the Group Managing Director, Nigerian National Petroleum Corporation, Managing Director, Petroleum Pricing and Regulatory Agency and the Director, Department of Petroleum Resources were also summoned.

The others were representatives of the Major Oil Marketers Association of Nigeria, Independent Petroleum Marketers Association of Nigeria and the National Association of Road Transport Owners. Read More →

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