Tag Archives: NNPC

The Federal High Court in Abuja, on Thursday, discharged and acquitted Andrew Yakubu, a former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) of fraud relating to $9.8 million seized from his home in 2017.

A former Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Andrew Yakubu, is seeking to quash money laundering charges brought against him by the Economic and Financial Crimes Commission, EFCC, as he files a “no-case” submission before Justice A.R. Mohammed of the Federal High Court, Abuja.

The Presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said he will sell the Nigerian National Petroleum Corporation and retain just 10 per cent of the company for the Federal Government.

The monthly financial losses of the Nigerian National Petroleum Corporation since the beginning of this year continued in the month of April.

Mr. Ndu Ughamadu, the Group General Manager, Public Affairs Division of the Nigerian National Petroleum Corporation (NNPC), has said the corporation crashed the price of diesel by 42 per cent.

The Niger Delta Avengers, NDA, on Wednesday announced  the blowing up of  a Nigeria National Petroleum Corporation, NNPC, pipeline at Eleme in Rivers State. With this development, the militant group appears to be shifting its sabotage activities from Delta State to Rivers State. The NDA claimed responsibility for the action on its Facebook page NDavengers: “By 3.00 am, yesterday, strike …

Suspected members of the Niger Delta Avengers continued with their oil and gas installations vandalism by blowing up some pipelines in Delta State, the military and locals said Tuesday. A military officer said the attacks happened at about 10:00 pm on Monday in the Batan and Makarava areas of Delta State.   “The Monday night attack was an oil well …

After about two weeks’ lull, the Niger Delta Avengers on Saturday commenced its oil and gas pipelines vandalism blowing up Nigeria National Petroleum Corporation, NNPC, Chevron Nigeria Limited, CNL and Nigeria Petroleum Development Company, NPDC crude oil trunk lines and oil wells in Delta State. The Avengers claimed five attacks between Saturday and Sunday.

The Niger Delta Avengers on Friday claimed responsibility for the sabotage on Thurday night of NNPC Gas and Crude trunk line in Warri. The militant group has also warned Indigenous Oil Companies (IOC) and the Nigerian Military to watch out: “something big is about to happen and it will shock the whole world”.

——Warri, Kaduna Refineries may be shut down, power supply situation to worsen About 24 hours after blowing Chevron offshore oil facility near Warri, the Niger-Delta Avengers on Thursday night crippled  Nigerian National Petroleum Corporation (NNPC) crude and gas lines.