NNPC news

House of Representatives joint committee on Thursday, December 13, ordered minister of finance, Zainab Ahmed, and the minister of state for petroleum resources, Emmanuel Ibe Kachikwu, to appear before the lower chamber.

The Chief Financial Officer (CFO) of the Nigerian National Petroleum Corporation (NNPC), Mr. Isiaka Abdulrasaq, made this disclosure on Thursday, December 13, while appearing before the Nigerian Senate committee on gas.

The federal government said oil marketers would be paid N236 billion out of N348 billion approved by the National Assembly as outstanding subsidy claims on Friday, December 14. The chief operating officer, NNPC disclosed this.

Andrew Yakubu, former Group Managing Director of the NNPC, has urged the Federal High Court in Abuja to end his trial in respect of the charges of money laundering and non-declaration of assets instituted against him.

Following the measures put in place by the Nigerian National Petroleum Corporation (NNPC) to avert fuel supply shortage, the House of Representatives’ Committee on Petroleum expressed confidence that it would be successful

In a statement sent to Legit.ng, the corporation’s spokesman, Ndu Ughamadu, explained that NNPC has never at a point in its history maintained a 70,000 staff strength and wondered the source of such erroneous information.