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N210tn Mirage: How Wadada’s claim on NNPCL collapses under simple arithmetic
Businessvanguard-ng1mo ago

N210tn Mirage: How Wadada’s claim on NNPCL collapses under simple arithmetic

By Kingsley Adegbite  In Nigeria’s already fragile information environment, numbers have enormous power. When a public official declares that N210 trillion has gone missing, the figure is large enough to shock citizens, dominate headlines and inflame public anger. That is precisely why such claims must be handled with care and responsibility. Unfortunately, Senator Ahmed Wadada’s allegation […] The post N210tn Mirage: How Wadada’s claim on NNPCL collapses under simple arithmetic appeared firs...

FG, NNPCL, NESG endorse Portland Gas Mini-LNG and LCNG project in Gwagwalada
Businessvanguard-ng1mo ago

FG, NNPCL, NESG endorse Portland Gas Mini-LNG and LCNG project in Gwagwalada

By Progress Godfrey ABUJA — The Federal Government, NNPC Limited (NNPCL), the Nigerian Economic Summit Group (NESG), and key investment partners have officially backed Portland Gas Limited’s proposed Mini-LNG and LCNG facility in Gwagwalada, Abuja, highlighting the project as a cornerstone of Nigeria’s gas-driven industrial growth and energy security strategy. The endorsement came during a […] The post FG, NNPCL, NESG endorse Portland Gas Mini-LNG and LCNG project in Gwagwalada appeared first...

N210trn mirage: How Wadada’s claim on NNPCL collapses under simple arithmetic, By Kingsley Ade Adegbite
PoliticsPremium Times1mo ago

N210trn mirage: How Wadada’s claim on NNPCL collapses under simple arithmetic, By Kingsley Ade Adegbite

The ₦210 trillion discrepancy claim does not align with Nigeria’s fiscal realities, the governance structure of NNPC or the financial mechanics of joint venture accounting. What initially appears as a monumental financial scandal quickly dissolves into a phantom figure, one that sits more comfortably in political rhetoric than in verifiable financial records. Nigeria deserves serious […] The post N210trn mirage: How Wadada’s claim on NNPCL collapses under simple arithmetic, By Kingsley Ade Ad...

Sell 51% stake in NNPCL refineries, PENGASSAN urges FG
Businesspunch-ng1mo ago

Sell 51% stake in NNPCL refineries, PENGASSAN urges FG

PENGASSAN urges the Nigerian government to sell a 51% stake in NNPCL refineries, adopting the NLNG model to improve efficiency and profitability. Read More: https://punchng.com/sell-51-stake-in-nnpcl-refineries-pengassan-urges-fg/

Group faults Senate committee’s ₦210tr NNPCL claim— Demands technical review
Businessvanguard-ng1mo ago

Group faults Senate committee’s ₦210tr NNPCL claim— Demands technical review

The Northern Youth Progressive Forum, NYPF, has challenged the claim by the Senate Public Accounts Committee that about ₦210 trillion in the accounts of the Nigerian National Petroleum Company Limited, NNPCL, was unaccounted for, urging a technical review of the figures. Chairman of the Senate Public Accounts Committee, Senator Ahmed Wadada, had raised concerns over […] The post Group faults Senate committee’s ₦210tr NNPCL claim— Demands technical review appeared first on Vanguard News.

Executive Order 9 will be counterproductive – 1
Politicsvanguard-ng1mo ago

Executive Order 9 will be counterproductive – 1

By Dele Sobowale “Wisdom in people consists of the anticipation of consequences” – Norman Cousins, 1915-1990, Vanguard Book Of Quotations, P274 “The road to hell is paved with good intentions”  Until a few days ago, it would never have crossed my that I could be defending the Nigerian National Petroleum Company Limited, NNPCL, established to foster economic […] The post Executive Order 9 will be counterproductive – 1 appeared first on Vanguard News.