Fuel scarcity cripples businesses nationwide – Vanguard
December 15, 2009 by Bunmi Awolusi · Comments Off
Another round of fuel scarcity became apparent nationwide, Monday, 10 days to Christmas, leaving commuters stranded, businesses paralysed and Nigerians fleeced at the few filling stations where the product was available.
Marketers, NNPC trade blames as fuel crisis worsens – Vanguard
November 17, 2009 by Bunmi Awolusi · Comments Off
Long fuel queues have hit Lagos State and other major cities across the country, as the problem of logistics hinders efforts by the Pipeline Products and Marketing Company, PPMC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, to discharge products from its imported cargoes for distribution to marketers.
No going back on deregulation – Yar’Adua – Vanguard
November 6, 2009 by Bunmi Awolusi · Comments Off
President Umaru Yar’Adua has said that the deregulation of the downstream sub-sector of the petroleum industry is inevitable, but that government is still holding consultations with stakeholders on the necessity of the action.
$4.5b gas cash missing in NNPC account, say Reps – The Nation
June 13, 2009 by tim · Comments Off
There is $4.5billion of the $5billion so far realised from the operations of the Nigeria Liquefied Natural Gas (NLNG)?
This was the unanswered question yesterday at the resumed public hearing of the House of Representatives Ad hoc Committee probing the activities of the Nigerian National Petroleum Corporation (NNPC) and its subsidiaries from 1999 till date.
