Reps probe NNPC over $1.5B foreign loan

Reps probe NNPC over $1.5B foreign loan

The House of Representatives Wednesday directed its Committees on Petroleum, Justice, Loans and Debts to investigate an alleged plan by the Nigeria National Petroleum Corporation(NNPC) to take a loan of $1.5 billion to settle their debts.
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Our common waste

Our common waste

CONDEMNATIONS are inadequate for the unholy alliance between Shell and the Nigerian National Petroleum Corporation, NNPC that resulted in the cloudy sale of Oil Mining Lease, OML, 30. Indiscriminate disposal of our oil resources as if there are no implications is condemnable.

Jonathan studying 2013 budget – Presidency

Jonathan studying 2013 budget – Presidency

After weeks of uncertainty over the whereabouts of the 2013 budget, the Presidency, yesterday, confirmed that President Goodluck Jonathan had commenced studying the fiscal document which was passed by the National Assembly last December.