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Nigeria:
House Probes Collusion Between NNPC, Swiss and Nigerian Traders
This Day, 13 November 2013
The House of Representatives Tuesday mandated its Committees on Petroleum (Upstream and Downstream) and Justice to investigate the alleged swindling of the country of billions of… Read more »
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Nigeria:
Tridax, Mezcor Debunk Claims in Swiss Report
This Day, 15 November 2013
Two Swiss companies, Tridax Energy Limited and Mezcor Limited, have denied the claims in a report released by Berne Declaration titled: 'Swiss Traders' Opaque Deals in Nigeria',… Read more »
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Nigeria:
Exxon - Nigeria Not Living Up to Oil Potential
This Day, 15 November 2013
A Vice-President of Exxon Mobil Production Co., Elijah White, has said Nigeria needs to create a "stable and attractive" climate for energy investors. Read more »
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Nigeria:
Shale Oil - U.S. to Emerge Top Oil Producer By 2015
Leadership, 13 November 2013
The emergence of shale oil in the United States of America is set to propel it to the No. 1 oil producer in the world by 2015, outpacing Russia and posing a serious threat to the… Read more »
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Nigeria:
Reps Probe Alleged U.S.$6 Billion NNPC Fraud
Leadership, 13 November 2013
The House of Representatives yesterday directed its committees on Petroleum Resources (Upstream), Petroleum Resources Downstream (Downstream) and Justice to investigate the alleged… Read more »
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Nigeria:
Reps Probe NNPC's Alleged U.S.$6.8 Billion Fraud
Vanguard, 13 November 2013
THE House of Representatives, yesterday, started an all-inclusive investigation into alleged fraudulent activities of the Nigerian National Petroleum Corporation, NNPC, with Vitol… Read more »
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Nigeria:
U.S.$6.8 Billion Swindle Allegation - House Investigates NNPC, Swiss Coys
This Day, 12 November 2013
The House in plenary Tuesday mandated the Committees on Petroleum Resources (upstream and downstream) and Justice to investigate the alleged swindling of the country of $6.8 bn by… Read more »
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Nigeria:
Lawmakers Order Probe of Oil Scandal
Premium Times, 12 November 2013
The House of Representatives has ordered an immediate investigation into a multibillion dollar scheme used by the Nigerian National Petroleum Corporation NNPC, in connivance with… Read more »
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Nigeria:
NNPC Denies Shady Dealings in Crude Lifting
Vanguard, 12 November 2013
The Management of the Nigerian National Petroleum Corporation, NNPC, over the weekend denounced a recent report by a Swiss-based, Non-Governmental Organisation, NGO (The Berne… Read more »
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Nigeria:
How NNPC, Oil Marketers Connive With Swiss Oil Dealers to Rob Nigeria of Billions of Dollars - Report
Premium Times, 6 November 2013
A new report has detailed how the Nigerian National Petroleum Corporation, NNPC, in cohort with major Swiss oil trading companies, is draining Nigeria of billions of dollars of… Read more »
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Nigeria:
NNPC Silent On U.S.$6.8 Billion Alleged Fraudulent Oil Deals With Swiss Firms
Daily Trust, 8 November 2013
The Nigerian National Petroleum Corporation (NNPC) has kept mum days after a Swiss-based non-governmental group, Berne Declaration, accused the corporation of conniving with major… Read more »
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Nigeria:
Swiss and Nigerian Firms Indicted in Fuel Import Fraud
This Day, 8 November 2013
The deep-rooted corruption in the downstream sector of Nigeria's oil and gas industry has been the subject of an international probe, as a Swiss non-governmental organisation, the… Read more »
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Nigeria:
Indicted Firms Make FG's Fuel Import List
Leadership, 24 July 2013
The federal government has expanded its list of fuel suppliers to include companies previously named in a multi-billion-dollar subsidy fraud investigation, while large global… Read more »
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Nigeria:
The Blessing of Oil - a Peculiar Mess
Vanguard, 11 November 2013
Our parlous economic predicament is generally regarded as a "resource curse", a phenomenon, which the free encyclopedia defines as a paradox of plenty, in which countries with… Read more »