The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Melee Kyari, has revealed that Nigeria lost $48 million to pipeline vandalism and crude oil theft between January and June, 2020. made this known on Wednesday in Abuja. Kyari said the Federal Government requires $2billion to replace obsolete pipelines from Excravos to Kaduna. He spoke via … Read more
The Nigerian National Petroleum Corporation (NNPC), says it is taking measures to address the menace of pipeline vandalism and crude oil theft in the nation’s Oil and Gas industry. The Group Managing. Director, Malam Mele Kyari disclosed this at the inaugural Nigeria Extractive Industries Transparency Initiative (NEITI) Policy Dialogue in Abuja on Tuesday. He said … Read more
Nigeria’s leading foam manufacturing company, Vitafoam Nigeria Plc, may announce its dividend payout next week. Dividend payment is one of the top agenda at the board meeting of the company scheduled for next week. Directors are expected undertake final review and approve the company’s audited report and accounts for the year ended September 30, 2019. … Read more