Forensic Audit, Contracts Review Underway At NNPC

The Nigerian National Petroleum Corporation, NNPC, has concluded plans to conduct a forensic audit of the accounts of the state oil company and effect a fundamental restructuring to turn out a new NNPC in five months time.

The Group Managing Director of the Corporation, Emmanuel Kachikwu, who disclosed this, yesterday, in Abuja said the audit will cover 2014 and 2015.

Major part of the audit will include a review of all contracts with its joint venture partners and production-sharing agreements.

He said: “Having said that things have been done wrongly, things need to be done rightly.

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Senate Orders Probe Of Money Spent On Power Under Obasanjo, Jonathan’s Administrations

The Nigerian Senate on Thursday, August 13, set up a 13-member committee to investigate the management of funds directed to power sector since 1999.

Premium Times reports that Abubakar Kyari was appointed the head of the body, which possesses a two-week mandate to carry out the probe and file the report to the Red Chamber.

The development means that the investigation would cover the presidential tenures of Olusegun Obasanjo, Umaru Yar’Adua and Goodluck Jonathan.

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Vacancy - After Sales Managers Needed At Bosch Group

Employer: Bosch Group

The Company
The Bosch Group is a leading global supplier of technology and services, active in the fields of Mobility Solutions, Energy and Building Technology, Industrial Technology, and Consumer Goods.

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BREAKING NEWS!! Bird Flu Hits Rivers State Again

Six month after bird flu hit Rivers state, the government warned the general public about several new bird flu outbreaks in the state.

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Oil Money: Kano Emir Sanusi Addresses President Buhari

Emir Sanusi Comes Down On NNPC

 

Mallam Muhammad Sanusi, the emir of Kano, on Thursday, August 13, addressed President Muhammadu Buhari urging him to plug revenue leakages as part of ensuring an effective anti-corruption fight.

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Bode George Contributed To PDP Failure In Lagos - Chairman

The leader of the Peoples Democratic Party in Lagos state has been alleged to be behind the party’s poor showing in the 2015 general elections in Lagos.

This remark was made by the acting chairman of the state party, Kamaldeen Olorunoje, on Thurday, August 13, at a press briefing in Lagos state.

Olorunoje who became the chairman of the party following the suspension of Capt. Tunji Shelle (retd), said George’s imposition of several candidates adversely affected the party’s chances.

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