Uhuru and Museveni Strike Deal On Route for Sh400 Billion Oil Pipeline
Kenya and Uganda have settled on the northern route for the Sh400 billion crude oil pipeline that will transport oil from Albertine to Lokichar in Turkana County. The agreement was made during President Uhuru Kenyatta’s state visit to Uganda, where he signed several bilateral agreements with President Yoweri Museveni. President Kenyatta’s spokesman, Mr Manoah Esipisu, […]
How War, Oil and Politics Fuel Controversy in South Sudan’s Unity State
The recent move by the Unity State government to expel a UN diplomat for authoring a report that accused the SPLA of human rights abuses in the state follows a long line of controversial happenings that have dogged Unity since the 1980s. The expulsion of foreign individuals deemed undesirable by the authorities is usually the […]
Oil Firms in Somalia Probed Over Graft Claims
Britain’s Serious Fraud Office (SFO) has launched investigations into oil firms operating in Somalia over corruption allegations. The SFO is investigating Soma Oil & Gas Holdings Ltd, Soma Oil & Gas Exploration Ltd, and Soma Management Ltd over payment of about $600,000 to the Somalia Ministry of Petroleum and Mineral Resources under the capacity building […]
Nigerian Govt Fires Eight Oil Board Executive Directors
The ongoing effort by President Muhammadu Buhari to reform and reposition the Nigerian National Petroleum Corporation (NNPC) has further claimed all the Corporation’s eight group executive directors (GEDs). The development comes barely 24 hours after the president sacked the Corporation’s group managing director, Engr Joseph Dawha, and appointed Dr. Ibe Kachikwu to the position with […]
Oiling the Wheels of Nigeria’s Anti-Corruption Drive
The new head of Nigeria’s state oil firm has fired eight senior managers. His success or failure in turning around the wasteful oil sector could be a test of the resilience of President Buhari’s anti-corruption drive. It seems that Emmanuel Ibe Kachikwu, a former executive of Exxon Mobil and now head of the Nigerian National […]
Muhammadu Buhari Sacks Oil Board Boss, Appoints Replacement
The ongoing effort by President Muhammadu Buhari to flush out corruption in the Nigerian National Petroleum Corporation (NNPC) has claimed a major casualty in the person of the corporation’s group managing director (GMD), Dr. Joseph Thlama Dawha. The president yesterday sacked Dahwa and appointed Dr. Emmanuel Ibe Kachikwu as the new GMD of the NNPC. […]
Corrupt Nigeria Ex-Petroleum Minister, Diezani Pretending To Be Sick To Avoid Prosecution
As information continues to emerge of the billions of dollars of public funds that Nigeria’s former Petroleum Minister, Diezani Alison-Madueke, stole with the help of cohorts she handpicked, the embattled former minister is apparently playing the sick card in the United Kingdom where she has spent most of her time since ex-President Goodluck Jonathan lost […]
Nigeria’s Corrupt Ex Petroleum Minister Offers To Refund $250 Million In Return For Immunity
Immediate past Minister of Petroleum Resources, Diezani Alison-Madueke, has offered to refund the sum of $250 million dollars to the Nigerian government in return for immunity from further investigation and possible prosecution, SaharaReporters has learned. However, her overture has reportedly received a cold response from President Muhammadu Buhari. A source in Aso Rock and a […]
Nigeria Probes U.S.$8 Billion Oil Swap Despite Row
The House of Representatives yesterday resolved to constitute an ad-hoc committee to investigate alleged malpractices by the Nigerian National Petroleum Cooperation (NNPC) in the crude oil swap contracts involving five oil companies, but some members of the House were against the move. The contracts in question were brokered by the Pipeline and Products Marketing Company […]
Nigeria Rejects Report on Former Petroleum Minister
A report of the House of Representatives ad hoc committee that investigated the outgone petroleum minister, Diezani Alison-Madueke in the “alleged shady deals” with Oil Mining Leases (OMLs) was yesterday rejected by members of the House. The rejection was based on the dissatisfaction of legislators on the committee’s recommendation that sought to give the outgoing […]
