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Tag Archives: NNPC

We’ve spent N260b out of the N300b budgeted for road projects – Fashola

road projects

The Minister of Power, Works, and Housing, Mr. Babatunde Fashola, on Thursday, stated that so far, the federal government has spent about N260 billion out of the N300 billion it budgeted for Nigeria’s road projects. Speaking at the fourth quadrennial delegates conference of the Petroleum Tanker Drivers (PTD) branch of the National Union of Petroleum and Natural Gas Workers (NUPENG) ...

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Federal Government commits N300b to road infrastructure

Road infrastructure

The federal government on Thursday said it had committed N300 billion so far on road infrastructure as against the previous administration, which committed only N18 billion. Babatunde Fashola, the Minister of Work, Power and Housing said this during the 4th Quadrennial Delegates Conference of Petroleum Tanker Drivers (PTD) with the theme: “Road Infrastructure in Nigeria: Impacts on Petroleum Products Distribution” ...

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Kano Governor issues acquisition notice to landowners of proposed mega gas pipeline

acquisition notice

Gov. Abdullahi Ganduje of Kano state has given landowners of the proposed mega gas pipeline by the Nigerian National Petroleum Corporation (NNPC) acquisition notice, preparatory to the commencement of the Project. This is contained in a statement signed by the Chief Press Secretary to the governor, Malam Abba Anwar and made available to newsmen in Kano on Wednesday. The statement ...

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NNPC awards Oando EPC mandate to develop Ajaokuta-Kaduna-Kano gas pipeline project

Oando

A two-party consortium consisting of Oando PLC (“Oando”), in conjunction with its midstream affiliate, Axxela Limited (“Axxela”) (formerly known as Oando Gas & Power) and Oilserv Limited, has been awarded the Engineering, Procurement, Construction (EPC) mandate for the Ajaokuta – Abuja portion (Lot 1) of the Ajaokuta-Kaduna- Kano Pipeline system (the “AKK Pipeline”) by the Nigerian National Petroleum Corporation UNNPCW. ...

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Residents lament as govt demolishes buildings on NNPC pipeline

NNPC

The federal government has demolished buildings erected illegally on oil pipelines of the Nigerian National Petroleum Corporation (NNPC) in Tanke area in Ilorin, Kwara State. The exercise lasted from April 3 to 7 in Tanke area, while that in another area of the state capital known as Okeoyi was carried out about two weeks earlier. Escorted by soldiers, an NNPC ...

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Osinbajo attacks Jonathan again, says, “$3 billion embezzled under you could have built 7 major roads”

Osinbajo

Vice-President Yemi Osinbajo has fired yet another shot at ex-President Goodluck Jonathan, saying the $3 billion allegedly frittered away through the strategic alliance contracts could have been used in constructing seven major roads. The alliance contracts are often derided by industry experts as the biggest organised scam in the history of Nigerian oil industry. The alliance contracts were between the ...

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NNPC pledges to build affordable houses for staff members

The Managing Director of the Nigerian National Petroleum Corporation (NNPC) Properties Ltd, Mr. Danny Sokari-George, has said that the company is determined to deliver quality and affordable houses with the best funding options for staff of the corporation.

The Managing Director of the Nigerian National Petroleum Corporation (NNPC) Properties Ltd, Mr. Danny Sokari-George, has said that the company is determined to deliver quality and affordable houses with the best funding options for staff of the corporation. Sokari-George, who disclosed this recently at the maiden edition of NNPC Properties Ltd (NPL), Festival in Abuja, however, cautioned the staff against ...

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Ibadan-railway line – Ameachi discloses reason for delay

Ibadan-railway line - Ameachi discloses reason for delay

Minister of Transportation, Rotimi Amaechi, has explained why the Lagos-Ibadan-railway project has not been completed. He revealed that the relocation of the oil and gas, water and sewage pipes on the road was responsible for the delay. Amaechi disclosed this in Ibadan, at the monthly meeting of the Lagos-Ibadan-Railway line Project Steering Committee. He said the Federal Government was carefully ...

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NNPC set to recover N100bn landed property

NNPC

A subsidiary of the Nigerian National Petroleum Corporation, the NNPC Properties Limited (NPL), which manages the real estates of the NNPC on Tuesday said it has commenced the recovery of some NNPC’s landed property worth about N100 billion across Nigeria. According to a statement from the Group General Manager, Public Affairs of the NNPC, Mr. Ndu Ughamadu, the asset recovery ...

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Federal Government abandons plan to demolish 1,400 buildings in Abeokuta

Federal Government abandons plan to demolish 1,400 buildings

The Federal Government may have dumped the plan to demolish about 1,400 buildings in Abeokuta for the $1.5bn Lagos-Ibadan rail project, due to what it described as huge compensation cost. Speaking to newsmen on Monday in Ibadan after meeting with officials of the China Civil Engineering Construction Company (CCECC), the Hon. Minister of Transportation, Rotimi Amaechi said the compensation cost ...

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