Latest News

FG still owns NNPCL, Senate tells Kyari

Published by

The Senate, on  Wednesday, chided the  Nigerian National Petroleum Corporation Limited (NNPCL)  over its failure to appear before its committee on finance.

The Group managing director of the NNPCL, Mele Kyari was to appear before the committee at the Interactive session on 2023-2025 MTEF/FSP projections.

The  corporation in a message delivered by the clerk to the National Assembly, Architect Amos Ojo Olatunde, said the Senate has no legal backing to summon it for any form of appearance since by
by virtue of provisions of the Petroleum Industry Act, it is now a limited liability company.

ALSO READ FROM NIGERIAN TRIBUNE

But speaking when the general manager, public affairs, NNPCL, Garbadeen Muhammad,  appeared before the committee after its session, the senator representing Lagos West and chairman of the senate committee, Senator Olamilekan Adeola, insisted that the  NNPCL is 100 per cent owned by the federal government and it could be invited at any time to appear before the lawmakers for any explanation.

He said:”  Your liaison officer told the clerk of National Assembly that you are now limited liability company that you cannot be appearing  before Senate.

“We will summon you  and invite you at any hour we need your attention, you are limited liability company by our law. We change your status because we want you to be an active participant in the oil industry.

“Call your liaison officer and correct impression by him, it is owned by federal government and you remain accountable to federal government f there are potent issue you need to address.”

Recent Posts

Single Window: NSC boss, Akutah champions automation of seaport terminals

The Executive Secretary/CEO of Nigerian Shippers’ Council NSC, Dr. Akutah Pius, has called for automation…

22 minutes ago

Oyetola joins Macron, other world leaders at blue economy forum

Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola joined world leaders and global dignitaries…

32 minutes ago

APM Terminals, Apapa playing games with empty container evacuation —MSC

The Mediterranean Shipping Company (MSC) has refuted claims made by APM Terminals Apapa that due…

42 minutes ago

Universities must recognise Librarians as key in delivery of quality education —NOUN VC

The Vice Chancellor of the National Open University of Nigeria (NOUN), Professor Olufemi Peters, has…

57 minutes ago

Migration from paper-pencil mode to computer-based WAEC, NECO exams misplaced priority —Stakeholders

Some stakeholders in the education sector have expressed concerns about the plan of the Federal…

1 hour ago

Govt should implement, enforce policies against plastic misuse —NIEE

The Nigerian Institution of Environmental Engineers (NIEE) has advised that the government should implement and…

1 hour ago

Welcome

Install

This website uses cookies.