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Tag Archives: ndpc

Diezani’s ally loses bid to recover forfeited property

Diezani

Mr. Olajide Omokore, an ally of former Petroleum Minister, Mrs. Diezani Alison-Madueke, yesterday, lost his bid to recover his property forfeited to the Federal Government by a Federal High Court sitting in Lagos, as his suit was struck out. Omokore had filed the suit against the Economic and Financial Crimes Commission, EFCC, seeking to secure the release of his property ...

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NPDC loses N1.5 trillion to attacks on assets

NPDC loses N1.5 trillion to attacks on assets

The Guardian reports that the Nigerian Petroleum Development Company (NPDC), the exploration and production subsidiary of the Nigerian National Petroleum Corporation (NNPC), lost about N1.5 trillion to attacks on its facilities from January till date. According to The Guardian, the Group Managing Director of NNPC, Dr. Maikanti Baru, who disclosed this at the opening ceremony of the 2016 NNPC security ...

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