The Group Managing Director of NNPC, Maikanti Baru, who set the process in motion said the essence of the bidding was to ensure reputable qualified companies were engaged.
Mr Baru explained that the process was to ensure that the selection of off-takers aligned with transparent and accountable procedures in compliance with the Public Procurement and Nigerian Content Acts.“It is in demonstration of President Muhammadu Buhari’s transparency and anti-corruption initiatives which the NNPC has imbibed and championed relentlessly.
“Since the inception of the DSDP scheme in 2016 until March 2019, about 29.5 million metric tons of petroleum products have been supplied under the scheme representing over 90 per cent of the national requirement.
Third consecutive time this is happening in this administration.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
132 companies bid for NNPC’s crude sales contract - Vanguard NewsThe Nigerian National Petroleum Corporation (NNPC) on Thursday opened 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) companies
Source: vanguardngrnews - 🏆 5. / 75 Read more »
132 firms bid to buy 14 cargoes of Nigerian crude monthly132 local and international companies on Thursday offered to buy 14 cargoes of Nigerian crude oil monthly in the Nigerian National Petroleum Corporation
Source: TheNationNews - 🏆 6. / 69 Read more »
TCN Restores Electricity Supply after Fire Incident - THISDAYLIVEThe Transmission Company of Nigeria (TCN) has restored normal bulk transmission of electricity to its Apo transmission substation after fire destroyed one of its 45MVA 132/33kV power transformers on Sunday. The burnt 45MVA 132/33kv power transformer feeds electricity to Abuja Electricity Distribution Company (AEDC) 33kV feeders. TCN’s General Manager, Public Affairs, Mrs Ndidi Mbah, in …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Fire engulfs 45MVA transformer at Apo transmission substation – Daily TrustA fire outbreak on Sunday afternoon has engulfed the 132/33 kilovolts (kV) Apo transmission substation in Abuja being operated by the transmission Company of Nigeria (TCN). This will affect electricity supply in some areas
Source: Daily Trust - 🏆 13. / 51 Read more »
TCN restores normal bulk power supply after Apo fire – Daily TrustTCN said it has restored normal power transmission through its Apo Transmission substation after a fire outbreak at about 1:33 pm involving one of its 45MVA 132/33kV power transformers feeding AEDC’s 33kV feeders.
Source: Daily Trust - 🏆 13. / 51 Read more »
TCN restores normal bulk power supply after Apo fire – Daily TrustA fire outbreak yesterday afternoon destroyed 45MVA 132/33kV power transformers feeding AEDC’s 33kV lines and disrupted supplies to several areas in the capital city. By early late evening however, TCN said it has restored normal power transmission through its Apo Transmission substation.ADVERTISEMENT In the statement signed by the General Manager (Public Affairs), TCN said the …
Source: Daily Trust - 🏆 13. / 51 Read more »
132 companies bid for NNPC’s crude sales contract - Vanguard NewsThe Nigerian National Petroleum Corporation (NNPC) on Thursday opened 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) companies
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Nigerian, UK tech companies sign £56 million contract - Premium Times NigeriaMr Hunt said the technology will be similar to London’s Oyster card system, a form of electronic ticket used on public transport.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
132 firms bid to buy 14 cargoes of Nigerian crude monthly132 local and international companies on Thursday offered to buy 14 cargoes of Nigerian crude oil monthly in the Nigerian National Petroleum Corporation
Source: TheNationNews - 🏆 6. / 69 Read more »
National oil companies with $3.1 trillion in assets dangerously under-scrutinised - NRGI - Premium Times NigeriaThe Natural Resource Governance Institute (NRGI) Thursday launched the National Oil Company (NOC) database in Washington DC, as part of its goals to fill the gaps in knowledge and understanding of the growing amount of information about natural resource governance globally.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Transcorp Consortium named winner in bid for Afam Power - Premium Times Nigeria(NCP) on Tuesday declared Transcorp Power Consortium as the winner of the financial bid for the privatisation of Afam Power Plc. 😂🤣🤣😂 we no go gree why should they give it to transcorp......where is federal character...🤣😂😂🤣😂😂😊 Transcorp did not only revive Ughelli Power, they made it function maximum capacity, I am sure they will do same with Afam. Arrangee! Do they have the expertise and track record in managing such a business?
Source: PremiumTimesng - 🏆 3. / 78 Read more »