THISDAY Newspapers has carried reports that the Nigerian National Petroleum Corporation (NNPC) has reduced its staff strength by 500 following the failure of the employees to scale through a promotion exam. According to sources within the NNPC, Staff and Unions were beginning to kick as the staffs were kicked out following their failure … More News: NNPC Sacks 500 After Failing Promotion Test
The House of Representatives has again queried the N24bn which the Nigerian National Petroleum Corporation claim it incurs monthly on payment of subsidy on imported Premium Motor Spirit popularly known as petrol. The lower chamber described the expenditure as “an act of illegality” as the funds are allegedly paid without appropriation by the National Assembly. … More News: Ibe Kachikwu, Maikanti Baru, others summoned by House of Reps over N24 billion monthly subsidy payment.
The call for removal of fuel subsidy on premium motor spirit (PMS), otherwise called petrol, was again brought to limelight when some experts reinstated the call for removal of subsidy which they claimed would free up resources, free the market, attract investors and bring competition and efficiency into the downstream sector. Speaking in an interview, … More News: Fuel subsidy removal will restore normalcy – experts
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has conferred an award on Dr Maikanti Baru for promoting industrial harmony since he assumed office. In a statement signed by the Nigerian National Petroleum Corporation (NNPC) Spokesman, Mr Ndu Ughamadu, on Friday in Abuja, PENGASSAN assured the Group Managing Director of the union’s … More News: PENGASSAN awards Baru for promoting industrial peace
An official of Stanbic IBTC Plc, Mr. Adedayo Adesanmi, told the Federal High Court in Abuja on Wednesday that the accounts of a businessman, Jide Omokore, kept with the bank and into which $1.6bn proceeds of sales of Federal Government’s crude oil were allegedly diverted, had been closed down as a result of “a worldwide freezing order”. … More News: Omokore’s companies’ accounts closed by worldwide freezing order over $1.6bn crude oil fraud.
The Ogun State Government has set up a Task Force with the mandate to end the perennial fuel scarcity in the state within 48 hours. The Task Force comprises officers of the Department of State Services (DSS), Nigeria Police, the Nigerian Security and Civil Defence Corps (NSCDC), Independent Petroleum Marketers Association of Nigeria (IPMAN), the … More News: Ogun govt sets up task force to end fuel scarcity.
sonaikeblog.wordpress.com 
You must be logged in to post a comment.