NUPRC Staff Kicks, Gives Reason Tinubu Should Withdraw Shaw’s Appointment

Workers of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have expressed reservation at the appointment of Ms. Olaide Shaw as Director in the Commission. They implored President Ahmed Bola Tinubu to quickly redress the appointment, insisting that “a purported and unsubstantiated Presidential Directive signed by the Principal Secretary, Hakeem Muri Okunola to President Tinubu directing the Commission Executive Director, Engr. Komolafe Gbenga to employ Ms Olaide as Director “”goes contrary to the adherence to the established rules and regulations governing recruitment, promotion and cadre placement practices within the Commission.” In…

Read More

Minister, NUPRC Boss Divided Over Nigeria’s Oil Revenue Losses

… Theft, pipeline vandalism responsible for volumes of crude oil losses – Sylva … No, metering error is responsible for Nigeria’s huge oil revenue losses – Komolafe   Nigeria’s minister of state for petroleum Resources, Timipre Sylva, and chief executive of the Nigerian Upstream Regulatory Commission (NUPRC), Gbenga Komolafe, have sharply divided over major factor responsible for crude losses in the country. Komolafe in a document presented at one of major industry events in Nigeria said that measurement inaccuracies is a major factor for huge looses suffered by Nigeria in…

Read More

NUPRC, NNPC’s Crude Oil Theft Figures Outrageous, Impractical – Navy

How Chief Of Naval Staff punctured 400.000 barrels daily loss figures by oil minister, others   There is a significant miscalculation in determining how much Nigeria is losing in terms of oil theft because oil losses due to other factors are often lumped together as theft, the Chief of the Naval Staff, Vice Admiral Awwal Gambo, has disclosed. This is a puncture on the figures given by Nigerian Upstream Regulatory Commission( NUPRC) and the Nigerian National Petroleum Company (NNPC) Limited may not be correct. The Naval Chief, Vice Admiral Awwal…

Read More

EXCLUSIVE: Buhari Declines Ministerial Consent For ExxonMobil $1.6bn Assets’ Sale To Seplat

. NUPRC Confirms Platforms Africa Exclusive, writes ExxonMobil to veto deals + word-for-word content of the letter . Real reason Buhari declined Ministerial Consent, ordered all parties in the transaction to revert status quo . The NNPC right of first refusal that made the deal to hit the rock . How Platforms Africa broke news in a world-class exclusive over two months ago   Nigeria’s President Muhammadu Buhari has declined Ministerial consent for ExxonMobil’s $1.6bn assets’ sale to Seplat, Platforms Africa reports authoritatively. Buhari, the substantive minister of Petroleum Resources,…

Read More