Tag: Petroleum minister

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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?’?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 Tinubus 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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H/Reps summon Petroleum, Finance Ministers, NNPC, CBN, others over poor state of refineries

Aminu Imam

The House of Representatives has invited the minister of Finance, Budget and National Planning, Zainab Ahmed, the Minister of State for Petroleum Resources, Timipre Sylva, the Group Managing Director of Nigerian National Petroleum Corporation (NNPC) Ltd, Mele Kyari, and the governor of Central Bank (CBN), Godwin Emefiele, to appear before it next week Thursday to give an account of the true state of refineries and what is needed to be done for them to function at maximum refining capacity. The House Adhoc Committee investigating the state of refineries in the…

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