Speculation on the barrel which is the bane of the oil industry has come alive. Oil prices rose Tuesday on news that Saudi Arabia is comfortable with Brent above US$80 per barrel, offsetting the concerns that have been building over the U.S.-China trade war. The Trump administration is escalating the trade war with China, by announcing US$200 billion in tariffs on Chinese goods. The tariffs will start at 10 percent and go into effect next Monday September 24, and rise to 25 percent by January 1. An additional US$267 billion in tariffs on consumer goods are in the works. China would retaliate with tariffs on U.S. oil and gas exports to put a dent in crude oil exports.

President Muhammadu Buhari has come under severe  pressure   to sack the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru, Chief Executive Officer of Nigerian Sovereign Investment Fund, NSIA, Mr. Uche Orji, and a number of other influential technocrats in his government.

The Ahmadu Bello University Students Representative Council has honoured the Group Managing Director of the NNPC Dr. Maikanti Baru with the 2018 Gamji Leadership Award.

The Group Managing Director of NNPC Dr. Maikanti Baru is billed to deliver a keynote address on “Alternative Funding Challenges in the Nigerian Petroleum Industry” at the fort coming Nigerian Society Of Petroleum Engineers( SPE) Conference and Oil and Gas Industry Awards in Lagos on the 6th  of August, 2018.

THE Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kacalla Baru, has put to rest the false claims making the rounds across the country that commercial quantities of crude oil have been discovered in the Bida Basins, pointing out that the claim is not only alarming but untrue.