Nigeria:   Mobil Denies Ignoring Summon From Akwa Ibom Assembly

This Day, 19 October 2012

Mobil Producing Nigeria (MPN) Unlimited, operator of NNPC/MPN Joint Venture has denied ever refusing to obey any summon from the Akwa Ibom State House of Assembly including… Read more »

Nigeria:   Representatives Move to Abolish Excess Crude Account

Daily Trust, 18 October 2012

The House of Representatives yesterday said it has commenced the process of abolishing the Excess Crude Account (ECA) because it is illegal. Read more »

Nigeria:  Stolen Oil, Stolen Revenue

ThinkAfricaPress, 17 October 2012

With influential individuals possibly complicit in oil bunkering, concerted and coordinated efforts will be needed to end the costly practice. Read more »

Nigeria:   Budget 2013 - Senate Sets Condition for Passage

Vanguard, 18 October 2012

The Senate, yesterday, said that the Ministries, Departments and Agencies, MDAs of the Executive arm, have only implemented 30 per cent of the 2012 budget as against claims of… Read more »

Nigeria:   Reps Declare U.S.$8.4 Billion Excess Crude Account Illegal

Leadership, 18 October 2012

The House of Representatives yesterday declared Nigeria's excess crude account illegal and in clear breach of the constitution that provides for all government's funds to be… Read more »

Nigeria:   Budget 2013 - Senate Dumps FG's Oil Benchmark, Adopts U.S. $78 Per Barrel

Vanguard, 17 October 2012

Strong indications emerged, yesterday, that the Presidency and the lawmakers may be poised for a war as the Senate has rejected the Federal Government's pegging of $75 per barrel… Read more »

Nigeria:   Budget 2013 - Senate Dumps FG's Oil Benchmark, Adopts U.S.$78PB

Vanguard, 16 October 2012

STRONG indications emerged, Tuesday that the Presidency and the lawmakers may be poised for a war as the Senate has rejected the Federal Government's pegging of $75 per barrel as… Read more »