Nigeria: After Wasting Billions, NNPC to Resuscitate Failed Electronic System - Baru

After wasting billions in a failed electronic management system, the Nigerian National Petroleum Corporation (NNPC) abandoned the project after it was discovered that corrupt officials cashed in to siphon and line their pockets.

But, barely a year after it was left in the cooler, Group Managing Director of the corporation, Maikanti Baru, announced on Monday the project was poised to be reinstated to ensure operations of the national oil company were digitalised "within the shortest possible time".

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.