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Category: Business
Mobil, NNPC clash over $250 million pipeline contract
June 7, 2018
Conflict of interest between Mobil Producing Nigeria and the National Petroleum Investment Management Services (NAPIMS), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), may delay the award of a gas pipeline contract worth over ...
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DPR indicts NNPC, accuses state oil firm of violating several Nigerian laws
June 6, 2018
The Nigerian National Petroleum Corporation’s refusal to make separate payments for royalty and petroleum profit tax (PPT) on joint venture assets held on behalf of the federal government violates several petroleum industry regulations and laws, ...
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FG has no money to complete Ajaokuta Steel, says minister
June 5, 2018
Abubakar Bawa, minister of state for mines and steel development, says the federal government does not have money to complete Ajaokuta Steel Company. He disclosed this on Monday while speaking at a public hearing organised ...
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