Ibe Kachikwu, Nigeria’s minister of state for petroleum resources, has given marching orders to Maikanti Baru, the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, to end fuel scarcity in parts of the country so as not to embarrass the Federal Government ahead of a major event billed to hold in Abuja next week. This […]
Amidst biting fuel scarcity across the country, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has conferred a distinguished award on the Group Managing Director of the of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, for promoting industrial harmony since assumption of office. The award, prepare by the NNPC Corporate Headquarters […]
* Summons Kachikwu, Baru, PPPRA boss over fuel subsidy payments * Approves Maritime University The governance aspect of the Petroleum Industry Bill (PIB) that provides for transparency and international best practices was on Wednesday passed by the House of Representatives. The report was laid on Tuesday, before the House by the ad-hoc committee Chairman, Hon […]
*Says subsidy payments illegal, unconstitutional The House of Representatives on Wednesday, summoned the Minister of State for Petroleum Resources, Ibe Kachikwu, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Kanti Baru and the Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu Umar, to appear before it’s Committee on […]
The head of Nigeria’s state oil company is organising a special dinner for federal lawmakers in what appears to be an attempt to curry favourable treatment from members of the National Assembly. An invitation card seen by the Daily Times this afternoon indicates that dinner, at the behest of the Group Managing Director of the […]
Vice President Yemi Osinbajo on Wednesday met with the minister of state for petroleum resources, Dr Ibe Kachikwu and the group managing director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, at the presidential villa in Abuja. Speaking with State House correspondents at the end of the meeting, Kachikwu stated that issues around […]
…NNPC fights back, denies Kachikwu’s allegations …Says Baru followed due process in contract awards …Agbakoba sues FG over lopsided appointments in NNPC Myke Uzendu, Augustine Okezie, Jude Idu, Abuja and Peter Fowoyo, Lagos Invoking the Freedom of Information Act (FOI 2011), the management of The Daily Times has written to the management of the Nigerian […]
…Accuses NNPC GMD of Illegalities, Insubordination …Petroleum Ministry replies says letter was leaked to press Ganiyu Obaaro, Lagos, Idu Jude Abuja, with Agency Report In what appears as a crack in the administration of President Muhammadu Buhari, two key officials of his government are currently at each other’s’ jugular over subterranean issues. The two officials […]
*As Baru inaugurates anti-corruption committee The Nigerian National Petroleum Corporation (NNPC) has disclosed that the four major investments it recently embarked upon with key upstream joint venture partners are capable of providing incremental revenue to the national treasury by over $30 billion within the next 10 years. Speaking at the inauguration of the reconstituted NNPC […]
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kacalla Baru, has vowed to improve reserves and production capacity of the Corporation’s Exploration & Production subsidiary -the Nigerian Petroleum Development Company (NPDC). Dr. Baru made this known during a courtesy call on the Governor of Edo State, Mr. Godwin Obaseki, at the […]