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The expected reorganisation of the Nigerian National Petroleum Corporation (NNPC) began in earnest this week with President Muhammadu Buhari’s appointment of Dr. Emmanuel Ibe Kachikwu as Group Managing Director (GMD) of the oil agency. He replaced the...

Immediate past Petroleum Resources Minister, Diezani Alison-Madueke. Photo Credit: Filed. The President Muhammadu Buhari-led administration with the Economic and Financial Crimes Commission (EFCC) have concluded plans to commence the trial of ex-Petroleum...

The former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Andrew Yakubu has filed an appeal at the Federal High Court, Kano demanding the refund of the $9.7m and £74,000 seized from him by the Economic and Financial Crimes...

Nigeria will be saving a whopping N1trillion by not appropriating funds for fuel subsidy payments in the N6.08 trillion budget proposed for this year. The preliminary reorganisation of the Nigerian National Petroleum Corporation (NNPC) by its Group...

In just a few years, Nigeria’s foreign reserve was depleted, Excess Crude Account expended and official looting fully entrenched. The Nigerian economy quivered, while elites occupying top government positions pilfered. That was the case of Nigeria under...