Tag: NNPC

Malibu Scandal: Prosecutors Want 10-Year Jail Term For Nigeria’s Former Minister Of Petroleum, Dan Etete & Among Other Executives

Editor TellAfrica

Italian prosecutors seek a ten-year jail term for Dan Etete, Nigeria’s former Petroleum Minister over an allegedly corrupt Nigerian oil block deal. Our correspondent S’Teller gathered that the prosecutors requested this in their closing arguments in Milan. The case has been described as one of the most prominent corruption cases in the oil industry’s history. The prosecutors also requested for an eight-year prison term for the Chief Executive of Eni, Claudio Descalzi, and Paolo Scaroni, his predecessor. It was alleged that nearly all of the $1.3bn that Shell and Eni…

Read More

Tanker Burst At Obalende With One Killed And Several Injured

Editor TellAfrica

-YOMMY AYILARA. One Killed and Several Injured As Tanker Bursts At Obalende. A tanker belonging to the NNPC was said to have turned over before blowing up into flames in front of the Oando filling station in Obalende area of Lagos State.   Reports have it that one person has been killed and several others have been injured. The General Manager, Lagos State Emergency Management Agency, Dr Olufemi Oke-Osanyintolu, who substantiated the development, said the 45,000-litre capacity tanker loaded with petrol caught fire after fallen on its side in from…

Read More

NNPC: Reduction In PMS Price With N20 Per/Ltr Decrease

Editor TellAfrica

This seem to be a step in the right direction to cushion the economic impact of the pandemic health crisis in the global community while it also reflects the global price reduction of PMS – Engr. Adeorike Ajibola. That being the response of a Nigerian user of the PMS product having heard that, the pump price has been slashed down. The Nigerian National Petroleum Corporation (NNPC) made this known in a letter attested by the Group Managing Director of NNPC, Mele K. Kyari in a communique released on the 18th…

Read More