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EFCC recovers N4.3 billion from fuel subsidy suspects – Lamorde

Mr Oluwaseun Ogunbambo, One of the Fuel Subsidy scamsuspects
The Economic and Financial Crimes Commission, EFCC, said it has recovered money from some of the suspects that duped Nigeria of hundreds of billions of naira in the petrol subsidy scheme. 6 more words

PPPRA Cautions Against Hoarding, Panic Buying Of Petrol

The Petroleum Products Pricing and Regulatory Agency (PPPRA) on Wednesday warned petroleum marketers hoarding petrol in anticipation of price hike to stop the practice.
The Executive Secretary, PPPRA, Mr Ahmed Farouk, gave the warning in a telephone interview with the News Agency of Nigeria…

Auditor-General Says Constitution Hinders Forensic Audit

The Auditor-General of the Federation, Mr Samuel Ukura has said that the Constitution did not empower his office to conduct forensic audit on the accounts of the NNPC. 19 more words

Fuel Scarcity: Trade Union Congress (TUC) Asks FG to Investigate Activities of NNPC, Oil Marketers

The Trade Union Congress of Nigeria (TUC) Tuesday asked the federal government to investigate the activities of the Nigerian National Petroleum Corporation (NNPC) and oil marketers if it really wants to put an end to the lingering fuel scarcity across the country. 577 more words

Nigeria

Nigeria’s Curious Case of Fuel Scarcity

Over the last few weeks, Nigerians have again been faced with an age old occurrence, commonly dubbed fuel scarcity. This is a national phenomenon that has recurred over and again. 881 more words

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