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Tag: federal government of nigeria

Confusion as 4 Oil Companies Named By NNPC As Liable For Imported Substandard Petrol Deny Accusation

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari
Four of the oil companies accused by the Group Managing Director of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, of importing substandard petrol have all in writing deniedRead More

How Federal Airports Authority, NAMA Rip Off Airlines At Sunset Airports

Nigerian Airspace Management Agency (NAMA)
With the cost of operation hitting the roof and many domestic airlines facing liquidation, it has emerged the airlines are being ripped off by regulators via landing charges. Local operatorsRead More

Adulterated Fuel: Kyari Names MRS, Emadeb-consortium, Oando, Duke Oil As Culprits

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari
Explains why inspectors did not detect bad petrol before circulation National oil company requests emergency supply NMDPRA says nation has 10-day reserve deficit, announces arrival of 300m litres of fuelRead More

Nigeria Drags UK’s Crime Agency To Court Over £150m Abacha Loot

Court of Law
US, UK oppose move The Nigerian government is locked in a court battle with Britain’s National Crime Agency (NCA) over control of €180 million (£150 million) that was stashed abroadRead More

Again, ASUU Warns Of Imminent Strike

The Academic Staff Union of Universities (ASUU)
The Academic Staff Union of Universities (ASUU) has once more expressed disappointment over the refusal of the federal government to honour the agreements it freely entered into with the unionRead More

With Withdrawal Of Wrong Fuel from Circulation, Queues Return To Abuja, Lagos, Others

Long queue at a filling station in Nigeria
Petroleum marketers confirm presence of adulterated fuel in circulation Motorists in FCT spend hours in queues, traffic grounded Group wants alleged petrol hoarders arrested, prosecuted Following the supply of aRead More

IPOB: South-Easterners Can Start Breeding Local Cows, April Ban On Northern Beef Stands

Indigenous People of Biafra (IPOB)
The Indigenous People of Biafra (IPOB) has threatened that its earlier directive to stop consumption of cows from the northern part of the country in the South-East region by AprilRead More

Moody’s Forecasts Phased Fuel Subsidy Removal Will Pose Challenge To Incoming Govt

Fuel Subsidy
States economy susceptible to shocks without more revenue One of the leading global ratings agencies, Moody’s has predicted that the phased removal of subsidy paid on petrol in Nigeria willRead More

FG Approves N3trn, 17.5% Of 2022 Budget To Sustain Subsidy

Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed
To send supplementary appropriation to National Assembly Mandates finance ministry to reconcile payment with NNPC NLC knocks govt over 18-month timeline IPMAN wants dilapidated refineries fixed Fayemi: Only 8 statesRead More

Buhari Defers Subsidy Removal To Incoming Govt

President Muhammadu Buhari
Seeks 18 months suspension, to send PIA amendment to N’Assembly FG says decision has nothing to do with 2023 elections IMF insists on end, wants funds channeled to health, socialRead More