Baru’s visit to Aso Rock means Kachukwu is needless in petroleum industry
The imports of the recent official differences that ensured between the Minister of State for Petroleum Resources, Dr. Ibe Kachukwu and the GMD of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, are still manifesting. Recall that the official response…
FG, NNPC mute on outcries for scholarship to Okafor after offering Bugaje
Since this week, there has been a trending anger on social media claiming that the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru announced award of scholarship to an Electrical/Electronic Engineering graduate, Al-amin Bugaje, who…
NBS report casts doubt on NNPC’s claims of dropping products prices
Barely one month after the Nigerian National Petroleum Corporation (NNPC), came out to claim that prices of regularly used petroleum products including diesel, kerosene and even cooking gas have dropped, the latest report of the National Bureau of Statistics (NBS)…
TSA probe by NASS: Is it that NNPC, CBN are hiding anything in common?
Nigerians are beginning to get worried on why on complete four occasions, the headships of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, and the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, had refused…
NNPC, JV partners flag off another search for oil in Lagos
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has flagged off fresh search for oil in parts of Lagos. This was made public during the flag-off ceremonies of the NNPC/First E&P Oil Mining Leases (OMLs)…
Baru reveals how he convinced refinery investors to site in A’Ibom
Fresh details have emerged on why a new set of investors in oil refinery changed their mind to locate the plant in Akwa Ibom State. Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, on Thursday said…
Just in: Baru authenticates our story, says “Act does not mandate me”
The Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, on Monday afternoon, officially responded to the allegations of insubordination and corruption levelled against him by the Minister of State for Petroleum Resources, Ibe Kachikwu, saying no law…
Revealed: Kachukwu/Baru rift started in 2015—BH Investigation
…Act establishing NNPC does not recognise Minister of State in official matters A deeper inquest into the serial insubordination meted to the Minister of State for Petroleum, Dr. Ibe Kachukwu by the Group Managing Director of Nigerian National Petroleum Corporation…
Marginal fields: Interest rate pushing local investors to offshore loans
Prospective local investors wishing to be part of the planned marginal oil fields bid rounds billed for next year, have started making contacts with foreign financial services firms for access to low interest credits. Indications to this emerged from in…
Suspend NNPC boss before probing him, experts tell Senate
Experts in corporate governance and anti-corruption have called for immediate suspension of the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru. This stemmed from the resolution passed by the Senate on Wednesday, to set up…
