NNPC, police connive with pipeline vandals – NUPENG
THE menace of pipeline vandals either in the Niger Delta region and other places where the pipeline runs across the country has been a major reason why the nation now depend on 100 percent on trucks for haulaging of petroleum products with its concomitant risks to both human and the Nigerian economy. the Lagos Zonal Secretary of the National Union of Petroleum and Natural Gas Workers (NUPENG), in-charge of the Western states including Kwara state, Comrade Tokunbo Korodo in an interview with Sweet Crude Correspondent, Victor Ahiuma-Young, did not only allege heavy connivance with staff of the Nigeria National Petroleum Corporation (NNPC) and security agents especially police with the Vandals, but disclose that members pay through their nose to secure pipelines located in the south western part of Nigeria.
IPMAN petitions EFCC over alleged fraud at PPMC
ABUJA -THE Independent Petroleum Marketers of Nigeria have file a petition before the Economic and Financial Crimes Commission against some officials of the Pipeline and Products Marketing Company for alleged fraud and sharp practices in the distribution of petroleum products.
Again, militants blow up Chevron facility
* MEND apologizes to Chief Clark By Emma Amaize WARRI- MOVEMENT for Emancipation of the Niger-Delta (MEND) yesterday bombed the Chevron Nigeria Limited (CNL)-owned Okan manifold, which controls about 80 per cent of the company’s off shore crude oil to its BOP Crude Loading Platform in Delta State. The group also made a volte face […]
A Clamour for more Information
Banks shareholders are agitating for detailed disclosure, in precise term, of how much contribution their off-shore subsidiaries are making to the overall performance of the group given the huge shareholders’ funds deployed in setting them up, Lucky Fiakpa writes
Valucard, Interswitch in Battle for Supremacy
The wave of competition caught up with the two card giants in Nigeria last week as they make claims of superiority over each others products, Babajide Komolafe writes
Ogun crisis: Bigwigs shun Yar’Adua’s visit
If the President is coming to attend, there has not been any special invitation to that effect. Anyway, there are no signals that the president will be coming.â€
