• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, May 29, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

NNPC’s joint venture business under scrutiny

NNPC

The Matters Press by The Matters Press
September 21, 2022
Reading Time: 1 min read
0
Marketers hail unveiling of new NNPC

The House of Representatives is probing the structure and accountability of the Joint Venture (JV) businesses and production sharing contracts of the Nigerian National Petroleum Company (NNPC) Ltd.

RELATED POSTS

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

Rep Hassan Fulata, Chairman of the ad hoc committee investigating the Joint Venture, Business and Production Contract of the NNPC from 1990 till date said on Wednesday in Abuja that some account of NNPC did not follow due process

The committee said that it had discovered a secret account owned by the NNPC Ltd., alleging that the account did not follow due process by the Federal Government.

Responding, Mr Okolieaboh Sylva, the Acting Accountant General, of the Federation (AGF), said before the committee that its office was not in the know of such secret account.

The Office of the AGF, Total Energy, Shell Petroleum Company and Chevron were all present to answer questions.

The committee however invited other relevant head of government and corporate agencies and companies such Seplat Oil and Gas and Newcross Oil and Gas to appear before the committee on Sept 27.

The lawmakers insists they must appear in person and failure of which the committee would not hesitate to invoke the constitutional privilege to declare the heads of the agencies wanted.

The mandate of the Committee is to establish whether various joint venture agreements of the NNPC of the NNPC followed due process.

Tags: NNPC
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Chevron, NNPC secure $1.4bn for drilling project
Economy/Technology

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

May 26, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

May 24, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
Economy/Technology

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

May 22, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s ongoing health reform gets global endorsement with Pate’s honour by Time Magazine

May 21, 2025
Court visits Patience Jonathan’s money palaver
Economy/Technology

Patience Jonathan’s endorsement of Tinubu’s re-election, significant, inspiring

May 20, 2025
Nigeria suspends mining in Zamfara
Economy/Technology

Revival of mining sector causes increase in licensing fees in Nigeria

May 19, 2025
Next Post
Nigeria moves to review ICRC Act

ICRC to assist states with infrastructure development through PPP

Investment in refinery driven by innovation — Dangote

Regulators praise Dangote ongoing ‘Bag of Goodies Promo Season 3’

Recommended Stories

Islamic bank moves to establish 200 milk collection centres in Kano

Traders begin construction of milk production factory in Abuja

September 23, 2023
Nigeria ranks 6th in Africa visa openness report

Nigeria ranks 6th in Africa visa openness report

December 11, 2022
South Africa in load shedding to manage dip in power

Nigeria rejigs electricity supply to Benin, Niger

July 22, 2019

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms
  • Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG
  • Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us