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Showing posts from December 10, 2023

Disclose oil Nigeria produces, exports daily, SERAP urges NNPCL

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  The Socio-Economic Rights and Accountability Project has urged the Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mr Mele Kolo Kyari, to “promptly publish details of barrels of oil Nigeria produces and exports every day and the total amounts of revenues generated from oil since the removal of subsidy on petrol in May 2023.” SERAP urged him “to disclose how much of the revenues generated from oil have been remitted to the public treasury since the removal of subsidy on petrol.” SERAP also urged him “to disclose details of payment of N11 trillion as subsidy, and to clarify allegations that the NNPCL has failed to remit revenues generated from oil to the public treasury since the removal of subsidy on petrol.” Former Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, had last week alleged that “the NNPCL is failing to remit enough foreign exchange into the treasury despite the removal of fuel subsidy,” asking: “Where is the money?” In the letter

Tinubu and Kokori: A reporter remembers by Festus Adedayo

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  It was 25 years ago; Saturday, October 10, 1998 to be precise. We were all inside the living room of the Yaba, Lagos modest home of Frank Ovie-Kokori. We were waiting for our heroes. In the heat of the June 12, 1993 presidential election validation saga, Kokori was Secretary-General of the Nigeria Union of Petroleum and Natural Gas (NUPENG) workers and a major weapon deployed by pro-democracy activists to frustrate the vile government of Head of State, General Sani Abacha. The journey from Ibadan, Oyo State to Lagos this morning had been devoid of its usual serpentine traffic snarl. My editor, Femi Adeoti, freshly out of Sani Abacha’s jailhouse at Agodi Prisons, had got wind of a small reception that was afoot in Kokori’s home. A day before then, October 9, self-exiled National Democratic Coalition (NADECO) chieftains, driven to scamper into exile by the blood-baiting fangs of Gen Abacha, had arrived Nigeria from their various bunkers abroad. Air Commodore Dan Suleiman, Chief John Od