Reps ask DisCos to raise investment to N500bn or exit
Isiaka lamented the activities of the DisCos in the country, saying that some of their recent actions were posing a threat to economic stability and welfare of Nigerians.
Tag: House of Representatives
Read More
Reps vow to demand sack of NNPCL CEO, Kyari over Dangote Refinery
We have been seeing many demarketing campaigns to discredit the Dangote Petroleum Refinery, and given the negative impact of this, which has caused panic in the country.
Dangote to lawmakers: We are open to independent testing of our refinery’s products
In the refinery, we did not, and I repeat, we did not collect one single incentive from the Federal Government of Nigeria or even Lagos State. Yes, the Lagos State gave us a good deal, but we paid $100m for the land. It wasn’t a free land; we paid for it
House leadership tours Dangote Refinery
The visit is the second visit to the refinery by National Assembly members this year.
Reps probe alleged loss of $2.4bn revenue from illegal sale of 48m barrels of crude oil
The alleged illegal sale reportedly led to a loss of $2.4 billion in revenue to the country.
NNPC to generate N11tn revenue in 2021, $14bn industry spending
The Nigerian National Petroleum Corporation (NNPC) plans to generate N11.39tn revenue in 2021, while projecting an increase in oil and gas output and sales between 2021 and 2023.
Buhari submits PIB to National Assembly, scraps NNPC, PPPRA in new bill
The President Muhammadu Buhari, has transmitted the much-awaited Petroleum Industry Bill 2020 to the National Assembly and has proposed the creation of the Nigerian National Petroleum Company Limited.
Illegal $1.05bn withdrawals: Reps to investigate NLNG, NNPC
Consequently, the House mandated its Committee on Public Accounts to “invite the management of the NNPC as well as that of the NLNG, to conduct a thorough investigation on activities that have taken place on the dividends account and report back to the House in four weeks.”