The Nigerian National Petroleum Corporation (NNPC) has described as very unfortunate a statement credited to the Depot and Petroleum Products Marketers Association (DAPPMA) on the fuel supply situation, especially Premium Motor Spirit (petrol).

No fewer than 42 firms have bided for the rehabilitation of the Nigerian National Petroleum Corporation (NNPC) Information Technology Division (ITD) Centres
The Group General Manager, Information Technology Division of the NNPC, Mr. DanladiInuwa made this disclosure during the bid opening at the NNPC Towers in Abuja .
Represented by the General Manager, Core IT Infrastructure of the Corporation, Mr. MuhammaduUsman, Mr. Inuwa said the eventual winners would rehabilitate the Corporation’s IT Centers in Abuja, Benin, Port Harcourt, Lagos, Kaduna and Warri.
Mr. Inuwa stated that the NNPC was desirous of engaging reputable and competent IT firms that could rehabilitate its critical assets in order to provide a conducive IT working condition for its various stakeholders and members of staff to ensure unimpeded operations and efficient service delivery.
The GGM noted that the bid opening was conducted openly in the full glare of representatives of the bidding companies to demonstrate NNPC’s commitment to transparency and due process in all its operations.
Speaking in similar vein, the Group General Manager, Supply Chain Management, Mr. ShehuLiman, represented by Manager, Strategic Sourcing and Contract Management, Engr. Sandy Heman, said the bid opening process was in compliance with the Bureau of Public Procurement Act.
He assured the bidders of a level playing ground that would guarantee the emergence of the best companies among them.
Some of the bidding companies who witnessed the public bid opening expressed their satisfaction with the conduct of the exercise, describing the corporation as a transparent company that operates according to the dictates of best global standards. The public bid opening is part of the Corporation’s commitment to transparency as a Focused, Accountable, Competitive and Transparent organization, conducting its business with Integrity (FACTI) principle.

The Eiffel Tower was illuminated in blue and green to greet the One Planet Summit in Paris, France, last Tuesday as the world’s political leaders and representatives of key international organizations met to discuss global climate change. When the G20 met in last June in Hamburg, Germany, French President, Emmanuel Macron offered to host the summit on climate change on December 12, 2017.

It is yet another Yuletide and petroleum products scarcity resurfaced in parts of the country during the week.  Was it really a supply gap rectified by the Nigerian National Petroleum Corporation, NNPC. It is always harrowing and horrifying the sight of fuel queues and motorists on vigil; like the eve of some festivals and holy days, spent in prayer.  The management of the corporation promptly responded; it did not degenerate to similar situations previously where community search parties were conducted by petrol consumers to find benevolent marketers that may sell the elusive commodity.

Lagos tank farms and traffic jams

Doubts on Russia in OPEC rollover plan

President Muhammadu Buhari last week presented the Appropriation Bill of N8.6 trillion for 2018 fiscal year to a joint session of the National Assembly. Dubbed Budget of Consolidation, the President hoped to sustain the reflationary policies of the past two budgets in 2016 and 2017.

After three tough years of being in the doldrums oil super majors appear to be finding their operational rhythms and getting back to normality. Since July 2014 global oil prices have been subjected to volatility and geopolitical uncertainty left many companies battling for cash. 

A frosty relationship is tearing bond friendly nations in the Arabian Peninsula apart. The Gulf Cooperation Council, GCC; a political, economic and security alliance is facing a crisis of confidence, with treats of dissolution. Who stokes the fire is a rhetorical question that may not be answered in the near future. It is clear that a factionalised GCC is emerging and would not create a welcoming ambience for peace in the Middle East. The GCC is comprised of the monarchies of Saudi Arabia, Qatar, Bahrain, the United Arab Emirates, UAE, Kuwait and Oman.

The United States President Donald Trump a fortnight ago decertified the Iranian Nuclear Accord entered into in Vienna, Austria in July 2015. The deal limited Iran’s capacity to civilian nuclear programme for power and medical purposes. The United States was empowered to watch over Iran with the US President required to certify that Iran complied with the agreement every 90 days. It was to be subjected to regular checks by international inspectors to ensure no perverse activities took place.

Recently there was an altercation between the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu and his successor in office at the Nigerian National Petroleum Corporation, NNPC,Dr. Maikanti Baru. 

Last week the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu had a furious diatribe against the Group Managing Director of the NNPC, Dr. Maikanti Baru. Kachikwu’s letter to President Muhammadu Buhari on alleged matters of insubordination and lack of adherence to due process perpetuated by Baru was confidential information released unofficially.  Like a hurricane it  made a landfall in the media in the mold of what may be named Kachileaks. 

Nigeria turned 57 last Sunday. Nigeria’s journey is worth congratulating irrespective of the sociopolitical and economic vicissitudes. The appointment of Transport Minister and Deputy leader of the Northern People’s Congress, NPC, Alhaji Abubakar Tafawa Balewa, as Prime Minister on   September 2, 1957 by the second and last British Governor General that ruled Nigeria from June 15, 1955 to November 16, 1960, Sir James Wilson Robertson set the stage for independence in 1960.

By Sonny Atumah The Nigerian National Petroleum Corporation, NNPC last week in Abuja said it was considering a joint venture partnership with a Danish firm, Unibio for the production of natural gas derived feed protein for animals. The NNPC Group Managing Director represented by the Chief Operating Officer, Ventures, Dr. Babatunde Adeniran disclosed this in […]

A momentous change in political leadership would be heralded next Thursday September 21, 2017 in Angola when the former Defence Minister, retired general João Manuel Gonçalves Lourenço would be sworn in as its third President. Lourenço takes over from Africa’s second longest serving President, José Eduardo dos Santos who grabbed power on September 10, 1979. Dos Santos, a Soviet-trained petroleum engineer had a firm grip of Angola with iron fist for 38 years after the death of the first President Antonio Agostinho Neto.