NNPC’s Proposed Fuel Price Increase: Does Brand Nigeria Deserve A Better Deal?

December 7, 2014 | konknaijaboy

Source: Transparency For Nigeria

Otherwise, the federal government’s recently revealed mindset to withdraw all forms of subsidies on prices petroleum products would have been taken as another good step in President Jonathan’s trumpeted transformation agenda, but … Read More

No Plans To Increase Fuel Pump Price – NNPC

February 27, 2014 | konknaijaboy

The Nigerian National Petroleum Corporation (NNPC) on Wednesday described as false, rumours of an imminent increase in the pump price of Premium Motor Spirit (PMS) otherwise called petrol.

This is contained in a statement issued in Abuja by Dr Omar … Read More

Missing $20billion: Okonjo-Iweala Wants Forensic Audit

February 14, 2014 | konknaijaboy

Soon, very soon, the wind shall blow and the hidden rump of the fowl shall be revealed. This best captures what would soon evolve in the on-going ding-dong over missing money in the NNPC as the Coordinating Minister for the … Read More

Sanusi mistaken, no missing $50 billion anywhere – NNPC

December 11, 2013 | konknaijaboy

The Nigerian National Petroleum Corporation has refuted claims by the Central Bank Governor, Mallam Lamido Sanusi that $50 billion crude oil proceeds was not paid to the Federation Account.

According to its statement titled “Non-Remittance of $49.8bn: NNPC Refutes CBN … Read More

Jonathan, Alison Madueke, Okonjo Iweala Involved In NNPC Diversion Of $50 Billion Crude Oil Funds – PREMIUM TIMES

December 11, 2013 | konknaijaboy

By Ini Ekott and Bassey udo

President Goodluck Jonathan and two of his top ministers may be attempting a cover-up on what clearly competes as Nigeria’s biggest fraud ever, involving the illegal diversion, or theft, of over N8 trillion crude … Read More