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Nike Olafimihan, Managing Counsel, Legislative Development Compliance & Functions, (SPDC), informed a team of deal breakers that the Nigerian Petroleum Corporation (NNPC) had agreed to bow to an agreement which will see it kicked out of one of the country’s most productive offshore fields. Following a meeting with the then Attorney General of the Federation (AGF), Mohammed Adoke, on Friday 11, 2011, Olafimihan said she had received information that NNPC “may be willing to bend on some of the Production Sharing Contract (PSC) issues”.
Source: SaharaReporters - 🏆 9. / 63 Read more »
Nike Olafimihan, Managing Counsel, Legislative Development Compliance & Functions, (SPDC), informed a team of deal breakers that the Nigerian Petroleum Corporation (NNPC) had agreed to bow to an agreement which will see it kicked out of one of the country’s most productive offshore fields. Following a meeting with the then Attorney General of the Federation (AGF), Mohammed Adoke, on Friday 11, 2011, Olafimihan said she had received information that NNPC “may be willing to bend on some of the Production Sharing Contract (PSC) issues”. Shell GEJonathan This is not a new news ....this is an old story that cut across many past presidents and govt officials. Is the worst corruption case ever recorded in the world oil industry. Shell GEJonathan Jonathan isn't competing next year, Buhari is. Also, if GEJonathan has done anything illegal, the Onus is on MBuhari to prosecute him accordingly. If that isn't happening, then please desist from spreading false stories that cant be tried in court, that's libel. Ediots Shell GEJonathan Congratulations on your continued lies & propagandas. GEJonathan is no longer in power. Blaming on GEJ & PDP will never fix the problem neither does it bring succor to the sufferings & hardship the masses pass through daily... This is Nigeria 🌬️🇳🇬
Source: SaharaReporters - 🏆 9. / 63 Read more »
JVC: Nigeria owes oil coys $5.1bn - Vanguard News NigeriaABUJA—THE Senate was yesterday told that Nigeria currently owes the International Oil Companies, IOCs $5.1bn in the Joint Venture Cash Call, JVC business arrangement it has with them.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Nigeria owes oil firms $5.1bn – NNPCPay! How will they not owe, when all they know is looting
Source: MobilePunch - 🏆 8. / 63 Read more »
$5.8b Mambilla power project hit by legal crisis - The Nation NigeriaBarely a year after the signing of an agreement for the construction of the $5.792billion (about (N2.096trillion) Mambilla hydro-power project in Taraba State, the contract is enmeshed in a legal crisis. The legal hitch follows moves by some forces in government to sideline the local content partner, Sunrise Power and Transmission Company Limited. The companyRead More Facts Matter! It's becoming clearer that Fashola and VP Osibanjo are fakes. They are experts at using tribal sentiments & home media to stir support. Each day we read their selfishness & incompetence. I can see why they earned Lagos a top spot on Worst Place to Live on Earth.
Source: TheNationNews - 🏆 6. / 69 Read more »
FG pays $5.4bn Paris Club Refund to states - The Nation NigeriaA total of 5.4 billion dollars has so far been paid to states by the Federal Government for settlement of the Paris Club Refund.
Source: TheNationNews - 🏆 6. / 69 Read more »
Jonathan denies offering $5 million bribe - Premium Times NigeriaThe APC governorship running mate in Lagos made the claim. Even de ones when dem catch him hands for the cookie jar sef he still deny not to talk of dis one. Stealing is not corruption this came out of his mouth what ounce of honesty has he got. PDP has a lot to answer for I think there is iota of truth in the allegation as we all know how the six years reign of immediate past President was plagued by spurious corruption OfficialPDPNig
Source: PremiumTimesng - 🏆 3. / 78 Read more »
The Chief Financial Officer (CFO) of NNPC, Isiaka Abdulrasaq, who appeared before the Senate Committee on Gas explained how the debt was incurred.
Source: SaharaReporters - 🏆 9. / 63 Read more »
$5.3m needed to clear mines from Jesus Christ's baptism site - Punch NewspapersEfforts to clear thousands of landmines and other ordnance around the site where many believe Jesus was baptised have reached a milestone and officials allowed a rare glimpse Sunday of abandoned churches there. The church grounds around the site in the occupied West Bank have sat empty and decaying for around 50 years, though pilgrims … But it is 'Jesus baptism site' Hmm I am bewildered. So many questions. I think it should and will be done cos the site is a very important historical artifact.
Source: MobilePunch - 🏆 8. / 63 Read more »
FG Pays $5.4bn Paris Club Refund To StatesA total of 5.4 billion dollars has so far been paid to states by the Federal Government for settlement of the Paris Club Refund. The Minister of Finance, Mrs Zainab Ahmed, confirmed the release at a news conference on the state of the economy on Monday in Abuja. Present at the briefing were the Director-General, […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Paris Club Disbursements To States Stand At $5.4bnA total of 5.4 billion dollars has so far been paid to states by the federal government for settlement of the Paris Club Refund. Minister of Finance, Mrs Zainab Ahmed, confirmed the release at a news conference on the state of the economy in Abuja, yesterday. She said that the Paris Club Refund was released […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »