‘NNPCL secretly hires top managers from South, after halting oil exploration funding in North’ – Sources

NNPCL secretly hires top managers from South

Fresh controversy has engulfed Nigeria’s oil and gas sector following allegations that the Nigerian National Petroleum Company Limited, NNPCL, quietly recruited mostly Southerners into executive and middle management positions, amid claims that the exercise violated the federal character principle. Sources told newsmen that the recruitment, conducted alongside the company’s ‘Accelerated and Voluntary Exit Programme’, lacked transparency and was carried out without public advertisement or clearly defined selection criteria. The development comes as stakeholders also criticised President Bola Tinubu’s Executive Order 9, which redirects funds previously allocated to frontier oil exploration…

Read More

NNPC to start oil exploration in Ogun – Govt.

Ogun Govt

Ogun State Government has disclosed  that the Nigerian National Petroleum Company Limited (NNPCL) is set to begin oil and gas exploration in the State. In an issued statement on Friday, the State government said the development would make its quest to become an oil-producing State materialise soon. The statement noted that stakeholders in the oil and gas industry were received at the office of  Ogun State Governor, Dapo Abiodun, and his Deputy, Noimot Salako-Oyedele, to discuss the prospect. Speaking at the meeting, Minister of State for Petroleum Resources (Oil),  Heineken…

Read More