Headlines

Kachikwu warns Baru over incessant fuel shortages, supply

Ihesiulo Grace 15 February 2018 0

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

News

Amidst scarcity, PENGASSAN Decorates Baru for Instituting industry peace

Ihesiulo Grace 20 January 2018 0

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

Headlines News

Reps okays Petroleum Industry Governance Bill

Ihesiulo Grace 18 January 2018 0

* 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 […]

Business News

Reps summon Kachikwu, Baru, PPPRA boss over fuel subsidy payments

Ihesiulo Grace 17 January 2018 0

*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

News

Baru tried to bribe Senators, cancels controversial Transcorp dinner

Ihesiulo Grace 31 October 2017 0

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 […]

Headlines News

Kachikwu, Baru, in spotlight, discuss oil fields with VP Osinbajo

Ihesiulo Grace 19 October 2017 0

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 […]

Headlines News

FOI Act: Daily Times writes NNPC over $25bn contracts’

Ihesiulo Grace 10 October 2017 0

…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

Headlines News Politics

Crack in Buhari’s Govt as Kachikwu writes President over Baru

Ihesiulo Grace 4 October 2017 0

…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

Business News

NNPC to increase FG revenue by $30bn

Ihesiulo Grace 8 August 2017 0

*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

Business Headlines News

NNPC committed to growing oil, gas reserves – Baru

Ihesiulo Grace 2 December 2016 0

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