Tag: Lokpobiri

Investors accuse Petroleum Minister, Lokpobiri of bribe demands in oil licence approvals

Aminu Imam
Investors accuse Lokpobiri

Nigeria’s fragile oil and gas sector is once again mired in controversy as multiple industry insiders accuse the Minister of State for Petroleum Resources, Heineken Lokpobiri, of illegally demanding bribes from companies and stalling approvals for the extension of Petroleum Prospecting Licences. Five separate sources in the petroleum sector confirmed that the Minister had been holding up statutory processes since June. Three of the sources provided direct testimony, while two others corroborated the claims, all on the condition of anonymity for fear of reprisals. According to the Petroleum Industry Act…

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‘No directive issued to NNPCL to hike petrol price to N1,000’ – Minister

Aminu Imam
Minister Lokpobiri

Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has said that no directive was issued to the Nigerian National Petroleum Company Limited (NNPCL) to increase petroleum prices to N1,000. Lokpobiri, in a statement issued yesterday by his Special Adviser, Media and Communication, Nnemaka Okafor said he did not direct the NNPC Ltd. or any other entity within the sector to manipulate prices. He said, “The Federal Government has been compelled to address the outright falsehood and malicious claims currently circulating on social media. We categorically condemn these claims as…

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?’?Petroleum Ministry unaware ?angote imports crude from US’ – Minister

Aminu Imam
?'?Petroleum Minister of State

?Minister of State for Petroleum Resources (Oil) Heineken Lokpobiri, has said the  Federal Government was unaware that ?angote Refineries imports its crude oil from the US. The Minister stated this in Abuja on Thursday, during the Ministerial Sectoral Updates as part of activities to mark President Bola Ahmed Tinubu’s one year in office. The Minister said the country is blessed with enough crude to supply all the refineries in the country, including the modular ones. The first session of the Sectoral Briefing was attended by the Minister of Budget and…

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“We’ll hold NNPCL accountable for complete rehabilitation of all refineries by 2024″ – Lokpobiri

Aminu Imam

Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has declared that the federal government would hold the Nigerian National Petroleum Company Limited (NNPCL) accountable for the complete rehabilitation of all the nation’s refineries, as scheduled, by the end of 2024. Lokpobiri stated this at the weekend, while fielding questions from newsmen at the end of a three-day retreat for Ministers, Special Advisers and other presidential aides at the Conference Centre of the State House, Abuja. NNPCL has the responsibility of rehabilitating three refineries in the country to reduce fuel…

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Kaduna Refinery to be ready Q4, 2024 – Minister

Aminu Imam

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has revealed that the ongoing quick-fix project at the Kaduna Refinery and Petrochemicals Company Limited will be back on stream by the end of 2024. This was disclosed in a statement posted on the official X (formerly Twitter) handle of the Nigerian National Petroleum Company Limited (NNPCL), yesterday. According to the statement, Lokpobiri disclosed this yesterday, during an inspection tour of Kaduna Refinery & Petrochemicals while assessing the progress of work on the ongoing quick-fix project of the refinery. The…

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