NNPC says it has injected additional 688 million litres of petrol into the market The post Naira devaluation brings back fuel queues at filling stations nationwide appeared first on Premium Times Nigeria.
Nigeria’s Petroleum Minister had said the audit report had not been published because a rabid opposition would take advantage of the details. The post Jonathan sits on NNPC audit report but approves sharing of recovered $1.
The government is concerned the opposition may exploit all sorts of minute details to create concerns. The post Missing $20 million Oil Money: Why we can’t publish full details of audit report – Nigerian Govt.
Following the submission of the audit report on the Nigeria National Petroleum Corporation (NNPC), by PriceWaterhouseCoopers, which indicated that only $1.48b was yet to be remitted to the federation account as against $49b mentioned as missing, a Civil Society group, Move On Nigeria, has commended the Federal Government and the
The NNPC says it is transforming itself from a mere oil company into an oil and gas company The post Nigeria’s domestic daily gas demand to rise 10 billion feet by 2020, says NNPC appeared first on Premium Times Nigeria.
British lawyer facilitated bribes through secret Swiss HSBC accounts in his name and names of family members; revelations may place Nigerian government under pressure. The post INVESTIGATION: Files Open New Window on $182-Million Halliburton Bribery Scandal in Nigeria appeared first on Premium Times Nigeria.
The Forensic audit report presented to Nigerian President Goodluck Jonathan after an exhaustive investigation into the Nigerian National Petroleum Corporation (NNPC) and Nigerian Petroleum Development Company (NPDC) has revealed that $1.48b has to be returned to the Federation’s account. The audit was recently conducted by PricewaterhouseCoopers, a leading international accounting and business services
The NNPC and the NPDC have been indicted by the report, which was ordered by Finance Minister, Ngozi Okonjo-Iweala after allegations of misappropriation were made by the former Central bank Governor, Sanusi Lamido Sanusi. A forensic audit ordered by the Federal Government has revealed that a minimum sum of $1.
The forensic audit was commissioned following allegation by the immediate past Governor of the CBN, Lamido Sanusi, that about $20 billion oil money was missing from the NNPC. The post BREAKING: Audit report indicts NNPC, corporation to refund $1.