Online News Magazine
Online News Magazine
The Federal Government on Thursday said it would no longer be visible to start fuel subsidy removal implementation by June this year as earlier announced. This came through the National Economic Council (NEC) presided over by Vice-President Yemi Osinbajo. It agreed that the timing for the removal of petrol subsidy should not be now but […]
The contractors handling the 614kilometres Ajaokuta-Kaduna-Kano gas pipeline project have so far been paid $1.1 billion. The AKK pipeline project has a total cost of $2.5 billion, down from the $2.8 billion initiatially approved by the Federal Executive Council in 2018 The Group CEO of NNPC Limited, Mele Kyari disclosed this during an inspection visit […]
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to within seven days, establish a presidential panel of enquiry to probe the allegations of missing 149 million barrels of crude oil or face legal action. The request follows what it described as “the grim allegations that over 149 million barrels of crude […]
A Federal High Court in Abuja on Tuesday quashed the removal of Sen. Ifeanyi Ararume as Chairman of Nigeria National Petroleum Company Limited (NNPCL) by President Muhammadu Buhari. Justice Inyang Ekwo, in his judgement, directed that Ararume be restored as Chairman of NNPCL. He gave the judgment in the suit FHC/ABJ/CS/1629/2022 filed by Ararume challenging […]
