Maikanti Baru

President Buhari’s Takeaways from FOCAC Beijing Summit
China FOCAC Maikanti Baru Muhammadu Buhari‎ National News Nigeria NNPC

President Buhari’s Takeaways from FOCAC Beijing Summit

China's Premier Li Keqiang (R) talks to Nigeria's President Muhammadu Buhari during their meeting at the Diaoyutai State Guesthouse in Beijing on September 5, 2018. Parker Song / POOL / AFP Heads of State, Governments and delegations from 52 African countries, which includes Nigeria and the People’s, Republic of China […]

NNPC, Chinese consortia sign pacts on biofuel development
Maikanti Baru National News Nigeria NNPC

NNPC, Chinese consortia sign pacts on biofuel development

Baru The Nigerian National Petroleum Corporation (NNPC) has signed memoranda of understanding (MoUs) with Chinese consortia to develop sustainable biofuels in the country. At a ceremony yesterday in Beijing on the sidelines of the Forum for China-Africa Cooperation (FOCAC) Summit, the two pacts were signed between NNPC and OBAX-COMPLANT Consortium […]

NNPC says Baru not funding alleged impeachment plot against Saraki
Bukola Saraki Maikanti Baru National News Nigeria NNPC

NNPC says Baru not funding alleged impeachment plot against Saraki

The Group Managing Director of NNPC, Maikanti Baru PHOTO: TWITTER/NNPC The Management of Nigerian National Petroleum Corporation (NNPC), on Sunday said its Group Managing Director, Dr Maikanti Baru, was not funding any plot to impeach the President of the Senate, Dr Bukola Saraki. Mr Ndu Ughamadu, NNPC Group General Manager, […]

NNPC urges RMAFC to help in recovery of excess revenues
Maikanti Baru National News Nigeria NNPC RMAFC

NNPC urges RMAFC to help in recovery of excess revenues

Baru Bayelsa govt berates corporation over remittances to federation account Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has urged the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), as an independent arbiter, to ensure recovery of revenues borne by the corporation on behalf of the […]

APC conciliatory mode versus Oshiomhole’s combative pose
Adams Oshiomhole Chris Ngige Ibe Kachikwu Maikanti Baru NLC Politics RAPC

APC conciliatory mode versus Oshiomhole’s combative pose

He was invited to make peace within the party and spare his pugilism for the rival Peoples Democratic Party (PDP). But barely two months after his enthronement as the national chairman of All Progressives Congress (APC) Comrade Adams Oshiomhole has failed to restrain himself, throwing punches to the left and […]

Buhari meets Saraki in Aso Rock, NEC silent on revenue sharing crisi­s
Bukola Saraki FAAC Maikanti Baru Muhammadu Buhari‎ National News Nigeria NNPC PCFRR

Buhari meets Saraki in Aso Rock, NEC silent on revenue sharing crisi­s

Nigeria's senate president Bukola Saraki . President Muhammadu Buhari yesterday m­et with Senate President Bukola Saraki ­at the Presidential Villa, Abuja. Saraki arrived the Villa at about 6:02 p.m.­ and proceeded straight for a closed-doo­r meeting. No official reason was given ­for the meeting. On arrival, governors of Kebbi, Ogun­, […]

Nigeria targets 10% gas market amid stalled mega projects
DrillBytes Energy Maikanti Baru Nigeria NLNG Train 7 NNPC OKLNG

Nigeria targets 10% gas market amid stalled mega projects

Last week, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, said that the Federal Government is targeting 10 per cent of the world’s market share in traded Liquefied Natural Gas (LNG) as part of its strategic aspirations to derive maximum value from Nigeria’s abundant […]

NNPC says Nigeria will increase crude oil reserves by one billion barrels yearly
Maikanti Baru National News Nigeria NNPC

NNPC says Nigeria will increase crude oil reserves by one billion barrels yearly

The Group Managing Director of NNPC, Maikanti Baru PHOTO: TWITTER/NNPC The Nigerian National Petroleum Corporation (NNPC) has said that the country will increase crude oil reserves by one billion barrels yearly to meet 40 billion barrels target by 2020. Group Managing Director of the NNPC, Maikanti Baru, who spoke yesterday […]

Nigeria to earn $5.60 billion from new oil deal, says NNPC
Madu Oil Field Maikanti Baru National News Nigeria NNPC

Nigeria to earn $5.60 billion from new oil deal, says NNPC

The Group Managing Director of NNPC, Maikanti Baru PHOTO: TWITTER/NNPC • ‘Pact to generate $1.32 billion in net cash flows’ • NEITI discloses recoverable revenues hit N7.2tr The Nigerian National Petroleum Corporation (NNPC) has said that a new financing and technical services pact between corporation, First E&P Joint Venture and […]

NNPC urges lawmakers to simplify fiscal provisions of PIFB
Maikanti Baru National News Nigeria NNPC Saidu Mohammed

NNPC urges lawmakers to simplify fiscal provisions of PIFB

The Group Managing Director of NNPC, Maikanti Baru PHOTO: TWITTER/NNPC Ministers should account for execution of constituency projects, says Tejuoso  The Nigerian National Petroleum Corporation (NNPC) has urged the Senate to simplify the fiscal provisions in the Petroleum Industry Fiscal Bill (PIFB) to ensure easy implementation of the law. Speaking […]

‘Poor governance framework bane of investment in extractive sector’
Akin Akindoyeni Bukola Saraki Business Business News Maikanti Baru NNPC Yakubu Dogara

‘Poor governance framework bane of investment in extractive sector’

Senate President, Bukola Saraki . PHOTO SENATE TWITTER The inability of the federal government to sustainably address key issues affecting the extractive industry, especially the lapses in governance law, will continue to limit foreign direct investment into the sector, stakeholders have said. The experts, who spoke ahead of a high […]

NNPC loses N546b to failure of reforms in three years
Ibe Kachikwu Maikanti Baru Muhammadu Buhari‎ National News Nigeria NNPC NPPDS

NNPC loses N546b to failure of reforms in three years

NNPC tower • ‘Kachikwu, Baru power tussle frustrating progress’ • We’re working towards profitability, says spokesman • Experts proffer solutions to corporation’s woes Failure by the President Muhammadu Buhari-led administration to reform the oil and gas sector has pushed the Nigerian National Petroleum Corporation (NNPC)’s revenue loss to over N546 […]