FG Re-opens NNPC Kano Deport

FG Re-opens NNPC Kano Deport

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  • Duration: 1:29
  • Updated: 17 May 2017
  • views: 121
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https://wn.com/Fg_Re_Opens_Nnpc_Kano_Deport
Crude Oil Production: NNPC Applauds FG's Peace Initiative In Niger Delta

Crude Oil Production: NNPC Applauds FG's Peace Initiative In Niger Delta

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  • Duration: 1:42
  • Updated: 17 May 2017
  • views: 69
videos
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https://wn.com/Crude_Oil_Production_Nnpc_Applauds_Fg's_Peace_Initiative_In_Niger_Delta
EFCC Recovers $9 8m From Fmr NNPC Boss, Yakubu

EFCC Recovers $9 8m From Fmr NNPC Boss, Yakubu

  • Order:
  • Duration: 1:01
  • Updated: 10 Feb 2017
  • views: 163
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https://wn.com/Efcc_Recovers_9_8M_From_Fmr_Nnpc_Boss,_Yakubu
Why Senate gave Osinbajo ultimatum to submit CBN, NNPC budgets

Why Senate gave Osinbajo ultimatum to submit CBN, NNPC budgets

  • Order:
  • Duration: 6:59
  • Updated: 19 May 2017
  • views: 67
videos
*Senate gives Osinbajo two weeks to submit CBN, NNPC budgets *Submit CBN, others’ budgets in two weeks, Senate tells Osinbajo The Senate on Wednesday gave a two-week ultimatum to Acting President Yemi Osinbajo to submit the 2017 budgets of Federal Government agencies, corporations and parastatals. The lawmakers issued the ultimatum at a plenary following a motion by the Deputy Majority Leader, Senator Bala Ibn Na’Allah, on the alleged non-compliance with Section 21 of the Fiscal Responsibility Act by some government agencies. The Chairman, Senate Committee on Media and Public Affairs, Senator Aliyu Sabi-Abdullahi, had on Tuesday said of the 38 affected organisations, only the Nigerian National Petroleum Corporation, Nigeria Deposit Insurance Corporation, Bureau of Public Enterprises and the National Agency for Science and Engineering Infrastructure had submitted their budgets. In the motion titled: ‘Non-Submission of 2017 Budget by Public Corporations in Violation of the Fiscal Responsibility Act,’ N’Allah said the failure to submit the proposals by the affected corporations to the National Assembly was becoming worrisome. He stated, “The Senate observes that non-compliance with the provisions of the Fiscal Responsibility Act constitutes an abuse of power and economic sabotage aimed at frustrating the current economic measures being taken by the present administration to address the economic recession.” The lawmakers unanimously granted the prayer of the motion to “urge the President to, as a matter of urgency, submit the budgets of parastatals and agencies to the National Assembly in accordance with the provision of Section 21 of the Fiscal Responsibility Act not later than two weeks.” Seconding the motion, the Deputy President of the Senate, Ike Ekweremadu, pointed out that the Constitution was supreme and its provisions were a binding force on all authorities and persons in the country. Citing Section 80(3) of the Constitution, Ekweremadu urged the Senate to bar errant agencies and corporations from capital expenditure until their budgets had been passed by the legislature. “I recall that in 2016, President Muhammadu Buhari sent to this National Assembly the Appropriation Act for that year together with those estimates. While in 2017, the ministers find it impossible to accompany the same Appropriation Bill 2017 with those estimates of the agencies under them. We cannot be going back and forth. I believe that this is the time for us to insist, under Section 88 that gives us power of oversight, that this has to be done.” The President of the Senate, Bukola Saraki, who presided over the plenary, described the issue as a corruption matter, stating that the trend must stop. He said, “Truly, this motion is at the heart of this fight against corruption and I cannot see how we can continue in a society where we are fighting corruption, where people will be spending money without approval and without appropriation. It must stop, it will stop and it is going to stop from now. “Clearly, we have made our position that based on this amendment, that these agencies must get their budgets to us in two weeks. Committee chairmen, I want to appeal that once we get the budgets, on our own part as well, let us ensure that we treat them publicly, very diligently and try and turn them around as quickly as possible.” The corporations, agencies and corporations with independent budgets are the BPE, NASENI, Nigerian Airspace Management Agency, Nigerian Shippers’ Council, National Maritime Authority, Raw Materials Research and Development Council, National Sugar Development Council, Nigerian Postal Service, Nigerian Ports Authority and the Federal Airports Authority of Nigeria. Other are the Securities and Exchange Commission, Nigerian Tourism Development Corporation, National Communications Commission, National Agency for Food and Drugs Administration and Control, Nigeria Customs Service and the National Broadcasting Commission. Also on the list are the National Insurance Commission, News Agency of Nigeria, Nigerian Copyrights Commission, Nigerian Deposit Insurance Corporation, Nigerian Civil Aviation Authority, Federal Inland Revenue Service, Nigerian Immigration Service, Nigerian Electricity Regulatory Commission, Radio Nigeria, Federal Housing Authority, Nigerian Television Authority, National Automotive Design and Development Council, and the Nigerian Nuclear Regulatory Authority. The National Business and Technical Examination Board, Federal Mortgage Bank of Nigeria, National Environmental Standards and Regulations Enforcement Agency, Industrial Training Fund, Corporate Affairs Commission, Standards Organisation of Nigeria, as well as the Oil and Gas Free Zone Authority are also to submit their budgets to the National Assembly.
https://wn.com/Why_Senate_Gave_Osinbajo_Ultimatum_To_Submit_Cbn,_Nnpc_Budgets
NNPC Group Managing Director Visits NLNG

NNPC Group Managing Director Visits NLNG

  • Order:
  • Duration: 2:01
  • Updated: 30 Jul 2014
  • views: 440
videos
To better appreciate the operational and production prospects of the Nigeria liquefied Natural Gas NLNG. Bonny Group Managing Director of the Nigeria National Petroleum Corporation, NNPC Andrew Yakubu has undertaken a first hand tour of the facility. Onengiye Fyneface reports that the NNPC GMD also had time to interface with the management of NLNG on capacity utilization expansion programme and enhanced marketing opportunities for the Nation’s liquefied natural gas.
https://wn.com/Nnpc_Group_Managing_Director_Visits_Nlng
Buhari to new  NNPC Board: Take Nigeria out of recession

Buhari to new NNPC Board: Take Nigeria out of recession

  • Order:
  • Duration: 3:53
  • Updated: 18 Nov 2016
  • views: 886
videos
President muhammadu Buhari on Friday inaugurated new boards for National Petroleum Corporation (NNPC), Nigerian Nuclear Regulatory Authority (NNRA) and Nigerian Content Development and Monitoring Board (NCDMB) in Abuja. During the inauguration, the president charged the boards to advise the minister and corporation’s management on the most effective ways Nigeria can get value from their assets. “Even at this challenging times in the oil and gas industry, oil and gas are the country’s foreign earns, therefore, the importance of this boards cannot be over emphasized. “Your job should be to ensure propriety in management of this most vital national institution. You should advice the minister and the corporation’s management on the most effective ways for Nigeria to get value from their assets,” He said. The president urged the boards to live up to expectation as they are coming at a time the nation is experiencing loss of revenue due to dwindling oil prices. He said, “The new boards are coming at a time when the global petroleum industry is witnessing a downturn purchase which has also translated to reduction in revenue levels of petroleum by producer nations”. Buhari was however optimistic that the wealth of experience and knowledge of the carefully selected members will guide NNPC towards realizing its potentials and fulfilling it expectations to the nation. The new boars are expected to ensure that the NNPC chart ways to face the current economic challenges. The Minister of State, Petroleum Resources, Dr. Emmanuel Ibe Kachikwu is to serve as chairman of the new boards.
https://wn.com/Buhari_To_New_Nnpc_Board_Take_Nigeria_Out_Of_Recession
Senate gives Osinbajo two weeks to submit CBN, NNPC budgets

Senate gives Osinbajo two weeks to submit CBN, NNPC budgets

  • Order:
  • Duration: 3:49
  • Updated: 19 May 2017
  • views: 849
videos
*Senate gives Osinbajo two weeks to submit CBN, NNPC budgets *Submit CBN, others’ budgets in two weeks, Senate tells Osinbajo The Senate on Wednesday gave a two-week ultimatum to Acting President Yemi Osinbajo to submit the 2017 budgets of Federal Government agencies, corporations and parastatals. The lawmakers issued the ultimatum at a plenary following a motion by the Deputy Majority Leader, Senator Bala Ibn Na’Allah, on the alleged non-compliance with Section 21 of the Fiscal Responsibility Act by some government agencies. The Chairman, Senate Committee on Media and Public Affairs, Senator Aliyu Sabi-Abdullahi, had on Tuesday said of the 38 affected organisations, only the Nigerian National Petroleum Corporation, Nigeria Deposit Insurance Corporation, Bureau of Public Enterprises and the National Agency for Science and Engineering Infrastructure had submitted their budgets. In the motion titled: ‘Non-Submission of 2017 Budget by Public Corporations in Violation of the Fiscal Responsibility Act,’ N’Allah said the failure to submit the proposals by the affected corporations to the National Assembly was becoming worrisome. He stated, “The Senate observes that non-compliance with the provisions of the Fiscal Responsibility Act constitutes an abuse of power and economic sabotage aimed at frustrating the current economic measures being taken by the present administration to address the economic recession.” The lawmakers unanimously granted the prayer of the motion to “urge the President to, as a matter of urgency, submit the budgets of parastatals and agencies to the National Assembly in accordance with the provision of Section 21 of the Fiscal Responsibility Act not later than two weeks.” Seconding the motion, the Deputy President of the Senate, Ike Ekweremadu, pointed out that the Constitution was supreme and its provisions were a binding force on all authorities and persons in the country. Citing Section 80(3) of the Constitution, Ekweremadu urged the Senate to bar errant agencies and corporations from capital expenditure until their budgets had been passed by the legislature. “I recall that in 2016, President Muhammadu Buhari sent to this National Assembly the Appropriation Act for that year together with those estimates. While in 2017, the ministers find it impossible to accompany the same Appropriation Bill 2017 with those estimates of the agencies under them. We cannot be going back and forth. I believe that this is the time for us to insist, under Section 88 that gives us power of oversight, that this has to be done.” The President of the Senate, Bukola Saraki, who presided over the plenary, described the issue as a corruption matter, stating that the trend must stop. He said, “Truly, this motion is at the heart of this fight against corruption and I cannot see how we can continue in a society where we are fighting corruption, where people will be spending money without approval and without appropriation. It must stop, it will stop and it is going to stop from now. “Clearly, we have made our position that based on this amendment, that these agencies must get their budgets to us in two weeks. Committee chairmen, I want to appeal that once we get the budgets, on our own part as well, let us ensure that we treat them publicly, very diligently and try and turn them around as quickly as possible.” The corporations, agencies and corporations with independent budgets are the BPE, NASENI, Nigerian Airspace Management Agency, Nigerian Shippers’ Council, National Maritime Authority, Raw Materials Research and Development Council, National Sugar Development Council, Nigerian Postal Service, Nigerian Ports Authority and the Federal Airports Authority of Nigeria. Other are the Securities and Exchange Commission, Nigerian Tourism Development Corporation, National Communications Commission, National Agency for Food and Drugs Administration and Control, Nigeria Customs Service and the National Broadcasting Commission. Also on the list are the National Insurance Commission, News Agency of Nigeria, Nigerian Copyrights Commission, Nigerian Deposit Insurance Corporation, Nigerian Civil Aviation Authority, Federal Inland Revenue Service, Nigerian Immigration Service, Nigerian Electricity Regulatory Commission, Radio Nigeria, Federal Housing Authority, Nigerian Television Authority, National Automotive Design and Development Council, and the Nigerian Nuclear Regulatory Authority. The National Business and Technical Examination Board, Federal Mortgage Bank of Nigeria, National Environmental Standards and Regulations Enforcement Agency, Industrial Training Fund, Corporate Affairs Commission, Standards Organisation of Nigeria, as well as the Oil and Gas Free Zone Authority are also to submit their budgets to the National Assembly.
https://wn.com/Senate_Gives_Osinbajo_Two_Weeks_To_Submit_Cbn,_Nnpc_Budgets
See The Cash Recovered From Former GMD NNPC, Yakubu By EFCC

See The Cash Recovered From Former GMD NNPC, Yakubu By EFCC

  • Order:
  • Duration: 1:35
  • Updated: 10 Feb 2017
  • views: 166
videos
Photos of Cash haul uncovered at Kaduna bunker of former Group Managing Director of NNPC, Andrew Yakubu by the Economic and Financial Crimes Commission (EFCC). About $9.2m and £74,000 was uncovered 2 weeks ago.
https://wn.com/See_The_Cash_Recovered_From_Former_Gmd_Nnpc,_Yakubu_By_Efcc
Senate committee uncovers illegal NNPC account with JP Morgan

Senate committee uncovers illegal NNPC account with JP Morgan

  • Order:
  • Duration: 3:23
  • Updated: 03 Jul 2012
  • views: 25665
videos
The Minister of Finance and Coordinating Minister for the Economy, Dr Ngozi Okonjo-Iweala and the Accountant-General of the Federation, Mr Jonah Otunla have both denied having any knowledge of details of operation at the Nigerian National Petroleum Corporation NNPC with JP Morgan.
https://wn.com/Senate_Committee_Uncovers_Illegal_Nnpc_Account_With_Jp_Morgan
Nigeria oil traders want NNPC to sell them fuel below official rates

Nigeria oil traders want NNPC to sell them fuel below official rates

  • Order:
  • Duration: 2:15
  • Updated: 20 Oct 2016
  • views: 305
videos
Crude oil traders are pushing Nigeria's National Petroleum Cooperation to sell them fuel at prices below the official rates. The cuts are meant to cushion the traders against effects of erratic oil supplies.More on that story from CCTV's Kelechi Emekalam
https://wn.com/Nigeria_Oil_Traders_Want_Nnpc_To_Sell_Them_Fuel_Below_Official_Rates
Recovered $9 8m: Frm GMD NNPC Stores Money In Sabon Tasha Slum

Recovered $9 8m: Frm GMD NNPC Stores Money In Sabon Tasha Slum

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  • Duration: 2:38
  • Updated: 13 Feb 2017
  • views: 4430
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https://wn.com/Recovered_9_8M_Frm_Gmd_Nnpc_Stores_Money_In_Sabon_Tasha_Slum
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