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Group asks Tinubu to sack Kyari over alleged multimillion dollar corruption in NNPCL/Frontier exploration oil deal

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Some critical stakeholders in the Nigeria’s Oil and Gas Sector on Sunday in Portharcourt, Rivers State alleged mind-boggling corruption in the ongoing deal between the leadership of the Nigeria National Petroleum Corporation Limited (NNPCL) and the Frontier Exploration Services Limited.

The group under the aegis of “Concerned Stakeholders in the Oil & Gas Sector” who converged at a hotel in the State capital, accused the Group Managing Director of the NNPCL, Mele Kyari of indulging in shady deals; a rip-off of the nation’s economy.

Addressing newsmen, the group through its spokesperson, Comrade Alege Emmanuel, urged the federal government to institute a probe panel into the activities of the NNPCL since the period GMD Kyari took over.

“We are concerned stakeholders in the Oil and Gas sector who felt worried about the ongoing mind-boggling corruption in the deal that the NNPCL under Mele Kyari struck with the Frontier Exploration Services and others they described as ‘Portfolio Managers”.

“We are unequivocal about our resolve to help the Federal Government expose the GMD and his cohorts hiding under an ethnic agenda to frustrate other key stakeholders and undermine their interests in the sector.

“The GMD has been acting like an ethnic jingoist favoring people from his ethnic background to secure contracts from the NNPCL without requisite experience, equipment, and wherewithal to execute such deals at the expense of other qualified indigenous drilling contractors.

“The GMD Kyari on several occasions gave multimillion dollar jobs to men of his ethnic bloc without due process. These without drilling equipment would in turn Re-Award the same to other firms with drilling equipment.

“Several cases of Etihad Oilfield Services giving such re-awarding such contracts to Petrodynamics were alleged by these Concerned Stakeholders. They described such occurrences and double payments as nothing but ‘rackets’.

“To this end, we are urging the President, Asiwaju Bola Tinubu and the National Assembly to beam their searchlights into the NNPCL and activities of the Frontier Exploration Services Limited with a view of stopping the madness going on which has deprived the nation of multimillion dollars.

“There is therefore an urgent reason why President Bola Tinubu needs to look into activities of frontier exploration services limited.

“For instance, during the tenure of the former GMD of NNPC, Dr. Mailanti Baru, the Well to be drilled and completed budgeted less than 20million dollars in Kolmani River Field in Gombe but under the watch of the new this GMD Kyari, over 50million dollars is being used to drill and complete the same well.

“This is in addition to the subsidy scam in the NNPCL operations under Mele Kyari. This country belongs to all of us and stakeholders, we can no longer fold our arms and watch helplessly as the corruption in the NNPCL stinks to high heaven,” Emmanuel added.

Meanwhile, as of press time, efforts made to get the reaction of both the GMD and the Frontier Exploration Services Limited on these allegations were abortive as calls and messages sent to their lines were neither acknowledged nor returned.

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IGP Disu seeks NIPR partnership to boost public trust in police

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NIPR President, Dr Ike Neliaku, in a handshake with the Inspector-General of Police, Olatunji Disu, at the Force Headquarters in Abuja on Tuesday.

The Inspector-General of Police, IGP Olatunji Disu, has called for stronger collaboration between the Nigeria Police Force (NPF) and the Nigerian Institute of Public Relations (NIPR) to enhance public confidence in the police.

The IGP made the call on Tuesday when he received a delegation of the NIPR, led by its President and Chairman of Council, Dr Ike Neliaku, on a courtesy visit to the Force Headquarters, Abuja.

According to a statement issued by the Force Public Relations Officer, CSP Ani Iniedu, the IGP emphasised the importance of effective communication, professionalism, transparency and fairness in strengthening the relationship between the police and members of the public.

Disu noted that every police officer was an image-maker of the Force, adding that the conduct of personnel in their daily interactions with citizens had a direct impact on public perception of the police.

He said the Nigeria Police Force (NPF) remained committed to policing by consent and promoting a service-oriented policing culture built on professionalism, empathy, accountability and respect for human rights.

The IGP also sought the support of the NIPR in providing specialised communication training for police personnel and developing a coherent communication framework that would effectively communicate the sacrifices and contributions of police officers to public safety and national security.

Earlier, Neliaku commended the IGP for his professional accomplishments and briefed him on Nigeria’s hosting of the 2026 World Public Relations Forum and Africa Charter Forum.

The international event is scheduled to hold at the Transcorp Hilton, Abuja, and is expected to attract more than 3,000 delegates from 126 member countries of the Global Alliance for Public Relations.

The NIPR delegation also sought the support of the Nigeria Police Force in security planning and coverage for the event.

Neliaku further invited the IGP to serve as a keynote speaker at the forum and encouraged police officers to register and participate as delegates.

The delegation included the Secretary-General of the African Public Relations Association, Dr Omoniyi Ibietan; Dr Suleiman Haruna; Mrs Maryam Sanusi; Mrs Olubunmi Badejo; Commandant Olusola Odumosu; Chief Uzoma Oyegbadu; Chief Moji Makanjuola; Mr Stanley Ogadigo and other members of the institute.

Iniedu said the meeting reflected the commitment of the  Police Force to building productive partnerships with professional bodies and other stakeholders to strengthen public trust, enhance public safety and promote national security.

 

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Inflation drops marginally to 15.39% — NBS

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Nigeria’s headline inflation rate fell marginally to 15.39 per cent in August 2026 from 15.43 per cent in July, according to the National Bureau of Statistics.

The NBS disclosed this in its Consumer Price Index released on Tuesday, saying the latest figure represented a 0.04 percentage point decline from the previous month.

The statistics agency, however, reported a sharper decline in the month-on-month inflation rate, which dropped to 0.71 per cent in August from 1.57 per cent in July.

The month-on-month rate, according to the bureau, declined by 0.86 percentage points compared with the July figure.

The NBS explained that the development indicated that the rate at which the average price level increased in August was slower than that recorded in July.

The latest data also showed a significant moderation in food inflation, which stood at 19.57 per cent year-on-year in August.

The figure was substantially lower than the 25.30 per cent recorded in August 2025.

On a month-on-month basis, food inflation fell to 1.02 per cent in August from 5.56 per cent in July, representing a decline of 4.55 percentage points.

The NBS said the development showed that food prices were still rising, but at a slower rate during the month under review.

It attributed the decline largely to changes in the average prices of a number of food items, including palm oil, carrots, pepper, onions, cassava flour, beef, yam flour, water yam, melon (egusi), fresh ginger, fresh fish, Irish potatoes, wheat grain, frozen chicken and turkey meat.

At the state level, Adamawa recorded the highest year-on-year food inflation rate in August at 38.85 per cent.

It was followed by Zamfara with 37.96 per cent and Bayelsa with 36.20 per cent.

On the other hand, Borno recorded the lowest year-on-year food inflation rate at -4.04 per cent, followed by Jigawa at -0.23 per cent and Kebbi at 3.47 per cent.

The month-on-month figures presented a different picture, with Katsina recording the highest food inflation rate at 9.48 per cent.

Rivers and Osun followed with 8.86 per cent and 8.32 per cent respectively.

Taraba recorded the lowest month-on-month food inflation rate at -12.42 per cent, followed by Borno at -12.15 per cent and Bauchi at -8.88 per cent.

The latest figures indicate a moderation in the pace of price increases, particularly in the food sector, although the NBS data show that consumers continue to face varying price pressures across the states.

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Nigeria’s Oil Output Rises to 1.68m Barrels Per Day

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Nigeria’s crude oil and condensate production rose to 1.68 million barrels per day in August 2026, representing a 0.4 per cent increase from the 1.67 million barrels per day recorded in July.

The Nigerian Upstream Petroleum Regulatory Commission disclosed this in its latest production report released on Sunday.

Excluding condensate, the country produced an average of 1,500,190 barrels of crude oil per day in August, allowing Nigeria to meet its Organisation of Petroleum Exporting Countries quota for the fourth consecutive month.

Daily combined crude oil and condensate production ranged between 1.64 million barrels and 1.71 million barrels during the month under review.

A breakdown of production by terminals showed that Bonny Terminal recorded the highest output at 320.04 thousand barrels per day, followed by Forcados Terminal with 317.40 thousand barrels per day.

Qua Iboe Terminal recorded an average production of 171.72 thousand barrels per day, while Escravos Oil Terminal posted 131.71 thousand barrels per day.

Bonga ranked fifth among the highest-producing terminals, with an average output of 92.50 thousand barrels per day.

The NUPRC attributed the modest improvement in August production largely to the resolution of operational challenges involving the Single Buoy Mooring at the Erha field.

The commission said the challenges had adversely affected production in the preceding month.

“The restoration of normal evacuation and production operations at the asset contributed positively to overall production volumes during the period under review,” the commission’s spokesperson, Eniola Akinkuotu, said in a statement on Sunday.

The regulator added that production activities across most other producing assets remained relatively stable during the month.

“Production activities across most other producing assets remained relatively stable, with operators sustaining implementation measures aimed at optimising production efficiency, maintaining asset integrity, and minimising operational disruptions,” the statement said.

The latest figures indicate a continued improvement in Nigeria’s oil production, with the country maintaining its OPEC quota compliance for the fourth consecutive month.

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