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EXCLUSIVE: PSC defies damning Salami Panel report, considers Magu for promotion
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IPMAN backs PPMC on online purchase of petroleum products
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The monies were given for oil and gas supply, Dataphyte found.
Oil sales are Nigeria’s largest revenue source, and revenue shortages due to defrayed costs could cause a severe financial burden, including an increase in borrowings. This was evident in the corporation’s financial account, with the posting of a loss of ₦16.3 billion in
2019 while the overall Group reported a ₦20.2 billion loss. In 10 years, it reported a
combined loss of ₦474 billion and ₦1.55 trillion, respectively.
NAPIMS and Kaduna refinery owe the bulk of unpaid bills
A breakdown of the credit sales showed that the loss-making Kaduna refinery and National Petroleum Investment Management Services (NAPIMS), a subsidiary managing the Nigerian government’s investments in the upstream sector, owed NNPC in unpaid bills to the tune of ₦470.08 billion and ₦534.8 billion, respectively.
Solomon Elusoji
Good morning,
We are leading with the arrival of the COVID-19 vaccine in Nigeria, the emergence of fuel queues in the nation’s capital, and how the Benue State government is managing herdsmen’s activities.
Airport workers transport on dollies a shipment of Covid-19 vaccines from the Covax global Covid-19 vaccination programme, at the Kotoka International Airport in Accra on February 24, 2021. (Photo by Nipah Dennis / AFP)
The Vaccines are here
All things being equal, almost four million doses of COVID-19 vaccines will arrive in Nigeria today. The vaccines, supplied by the WHO-backed COVAX, will include the AstraZeneca and Johnson and Johnson types, according to the Minister of State for Health, Dr. Olorunnimbe Mamora.
ON THE GO
Atiku: Nigerians must save themselves by helping Buhari Atiku Abubakar, former vice-president, says Nigerian must help Buhari in order to save the country.Advertisement He said this in a series of posts via his official Twitter account on Sunday..
INEC declares PDP’s Ebisike as winner of Aba bye-election The Independent National Electoral Commission (INEC) has declared Chimaobi Ebisike of the Peoples Democratic Party (PDP) as winner of the Aba north/south federal constituency bye-election which took place on Saturday.Advertisement.
INTERVIEW: Enyinna Nwigwe talks acting in Borno, not leaving Nigeria for Hollywood Before Paul Papel tapped Enyinna Nwigwe to play the lead role in a movie project he’d been working out with the Nigerian Air Force (NAF), the latter assumed that conflict-oriented.
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