2019 election: Buhari rewards supporters with crude
A list of Nigerian marketers selected to sell NNPC crude has leaked. Although Buhari hasn't given his final go-ahead for the list, which could see a few changes beforehand, it does give an idea of who his supporters are as the electoral campaigning steps up a notch. [...]
Fresh team raring to go on the oil front
President Muhammadu Buhari’s first oil industry appointments in August targeted the management of NNPC and they ought to delight oil companies which had been waiting impatiently for changes at the top. The new executives, picked with their regional origins carefully [. [...]
Some applaud and others lament Madueke’s departure
Muhammadu Buhari’s victory in Nigeria’s recent presidential election will result in the departure a strongest card in outgoing president Goodluck Jonathan’s hand: the controversial petroleum resources minister Diezani Alison-Madueke. While some traders who became oil explorers raked in riches during [. [...]
Who are the lucky winners in swap contract lottery?
Largely unnoticed in Nigeria where the media and politicians are riveted on the presidential election on Feb. 14, a unit of the Nigerian National Petroleum Corp (NNPC), Pipelines and Product Marketing Co (PPMC) renewed swap contracts in early January that [. [...]