Fuel theft: Senate calls for major shake-up in NNPC

The Senate has advised the Nigerian National Petroleum Corporation (NNPC) to go beyond the sacking and redeployment of a few officials involved in fuel theft and other sharp practices in the industry. The upper legislative chamber gave the advice in a statement issued yesterday in Abuja by its spokesman and chairman, Senate Committee on Media and Public Affairs, Aliyu Sabi. The Senate tasked the NNPC to initiate a comprehensive restructuring of its operations which currently allowed officials and other firms to appropriate national resources for their personal use, thereby contributing…

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Local oil firms walking a tight rope

Indigenous firms are the worst-hit by myriads of challenges bedeviling the oil and gas industry. ADEOLA YUSUF reports on how many of them are running into bankruptcy     Aiteo, an indigenous oil firm, made the headlines penultimate week; basking in the euphoria of its new status as the biggest Nigerian- owned oil firm in terms of production, hitherto known by many as the petroleum product trading firm, it announced the production of the largest share of the 313,602 barrels per day output from indigenous companies. The firm’s management cannot…

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AY Live: Celebrities, fans light up event

  Popular Comedian `AY`, real name Ayo Makun and his celebrity friends in the entertainment industry, thrilled their fans with a superlative performances in a live comedy show tagged `AY LIVE`. The News Agency of Nigeria (NAN) reports that, it was a pumped up night at the Eko Hotel and Suites, Lagos, venue of the staged show on Easter Sunday. From the biggest names in entertainment, corporate world to comedy and music lovers, all came to have a good Easter celebration time and party at the AYLIVE. The main venue,…

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Ahmedu, Omotayo, Yusuf, call for NSC’s return

The President of the Federation of International Basketball Association, Africa Zone 3, Colonel Sam Ahmedu, athletics coach, Professor Seun Omotayo, and Former Secretary General of the Nigeria Football Federation, Tijani Yusuf, has called for the return of the National Sports Commission. The trio noted that sports had suffered a lot in the country and the only way forward was the return of the commission with top technocrats in charge. “The NSC must come back,” Ahmedu said. “This was part of the Recommendations of the National Sports Reform Committee. A bill…

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