Oil swap probe: Reps uncover illegal companies used by NNPC

Oil swap probe: Reps uncover illegal companies used by NNPC

ABUJA — THE House of Representatives ad-hoc Committee on Crude Oil Swap Probe, yesterday, confirmed the receipt of illegal companies registered by the Nigerian National Petroleum Corporation, NNPC, but unknown to the Federal Ministry of Finance Incorporated, MOFI.
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N5.2bn scam: Borishade, ex-Aviation Minister loses bid to stop trial

N5.2bn scam: Borishade, ex-Aviation Minister loses bid to stop trial

Abuja—Justice Abubakar Sadiq Umar of the FCT High Court, sitting in Maitama, Abuja, yesterday, refused to stop further hearing on a suit filed by Economic and Financial Crimes Commission, EFCC, against former Minister of Aviation, Babalola Borishade, and four others as prayed by the defendant’s counsel.

Agencies sacks: Uproar as PPPRA, PEF bosses hand over to junior officers

Agencies sacks: Uproar as PPPRA, PEF bosses hand over to junior officers

The refusal by the outgoing executive secretaries of the Petroleum Products Pricing Regulatory Agency, PPPRA, Mr. Farouk Ahmed, and his Petroleum Equalisation Fund (Management) Board, PEFMB counterpart, Mrs. Asabe Asmau Ahmed to hand over, is causing a tumult in the agencies.

Petrol scarcity resurfaces in Lagos

Petrol scarcity resurfaces in Lagos

lagos—Barely one month after the country experienced fuel scarcity, long queues have resurfaced in filling stations in some parts of Lagos.