Democracy Newsline NewspaperDemocracy Newsline Newspaper
  • Home
  • Politics
    Politics
    Show More
    Top News
    In Rivers, Asíwájú Tinubu harps on unity, non-violence
    4 years ago
    Kogi Guber: Olayinka Braimoh Popularity Soars Ahead of other candidates  
    3 years ago
    Labour Party Dismisses Report of Arrest of National Chairman
    3 years ago
    Latest News
    NDC backs ‘Mama Amanda’s’ 2027 FCT Senate bid, says Abuja deserves better representation
    2 months ago
    THE THRONE MUST NEVER BECOME A POLITICAL PLATFORM
    4 months ago
    APC Stakeholders Raise Alarm Over Alleged Compromise of Party Structures, Call on Chief Fagbemi to Act with Neutrality
    5 months ago
    Hon. Tahir Suleiman Abdulwahab Obtains Nomination Forms, Seeks Support Ahead of ADC Primaries
    5 months ago
  • Technology
    TechnologyShow More
    Key Takeaways from the Kogi Dialogue Marking Governor Ododo’s First Year in Office
    2 years ago
    Bala Wunti in the News Again
    2 years ago
    Dangote Refinery Slashes Ex-Depot Petrol Price to N890 Per Litre
    2 years ago
    Ajaokuta LNG Plants Will Position Kogi as a Key Player in Nigeria’s Energy Sector – Governor Ododo
    2 years ago
    Ughievwen Monarch Commends Tinubu for Approval of New 10,000 bpd Refinery in Imode
    2 years ago
  • Community Reports
  • Education
  • News
  • Security
  • Economics
  • International
  • Opinion
  • Aviation
Reading: Anti-corruption group challenges NNPCL to clarify alleged fuel export from Port harcourt refinery
Share
Notification Show More
Latest News
POLITICAL HEAVYWEIGHTS AND CORPORATE TITANS TO CONVERGE IN ABUJA AS TOMPOLO-BACKED GROUP UNVEILS TINUBU RE-ELECTION MANIFESTO BOOK
News
Chief Olugbemi Femi Felicitates Hon. Barrister Boluromi Emmanuel on Birthday Anniversary
News
2026 KWIRS TAX CLUB QUIZ COMPETITION: SIX SCHOOLS EMERGE FROM SEMI- FINALS
News
Sen. Sunday Karimi: The Diamond In The Rough, The Onion With Many Peels, Why Kogi West Must Not Toy With 2027
News
PROFESSOR ABUBAKAR SALISU ABDULLAHI DELIVERS THE 29TH INAUGURAL LECTURE OF PRINCE ABUBAKAR AUDU UNIVERSITY, ANYIGBA
News
Aa
Democracy Newsline NewspaperDemocracy Newsline Newspaper
Aa
  • Economics
  • Politics
  • Business
  • Science
  • Technology
  • Home
  • Politics
  • Technology
  • Community Reports
  • Education
  • News
  • Security
  • Economics
  • International
  • Opinion
  • Aviation
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 Democracy Newsline All Rights Reserved.
Democracy Newsline Newspaper > Technology > Electronics > Anti-corruption group challenges NNPCL to clarify alleged fuel export from Port harcourt refinery
BusinessEconomicsElectronicsInnovationNewsSmartphoneSoftware

Anti-corruption group challenges NNPCL to clarify alleged fuel export from Port harcourt refinery

Democracy Newsline
Last updated: 2024/12/08 at 6:26 AM
Democracy Newsline 2 years ago
Share
SHARE

Anti-corruption group challenges NNPCL to clarify alleged fuel export from Port harcourt refinery

The National Anti-Corruption Crusader (NACC) has called on the Nigerian National Petroleum Company Limited (NNPCL) to provide transparency regarding its claim of exporting the first cargo of Port Harcourt low-sulphur straight-run fuel oil (LSSR) to Gulf Transport & Trading Limited (GTT), a Dubai-based company.

In a statement issued in Abuja on Saturday, the NACC Coordinator, Mr. Samson Idoko, demanded that NNPCL present the agreement for the purported oil export to GTT for public scrutiny.

He raised concerns about GTT’s previous involvement in crude oil swap deals with NNPCL, questioning the legitimacy of the transaction.

- Advertisement -
Ad imageAd image

“How can GTT, which has been swapping our crude oil for years under Mr. Mele Kyari, now suddenly become the recipient of our exported oil?” Idoko queried.

He alleged that GTT is a small-scale operation in Dubai, housed in a single building, making it improbable for the company to handle significant oil imports from Nigeria.

“These are the same entities that have allegedly been involved in the sale of our stolen crude oil through secret deals. Now, they claim this company is purchasing fuel from us,” Idoko stated,

He urged the NNPCL to adopt greater accountability, particularly as Nigerians grapple with the economic aftermath of fuel subsidy removal.

The NACC leader also criticized sections of the media for uncritically reporting NNPCL’s announcement of the sale.

According to NNPCL, the first cargo of 15,000 metric tonnes of LSSR, equivalent to approximately 13.6 million litres, would be loaded onto the Wonder Star MR1 vessel in the coming days, marking the start of operations at the Port Harcourt refinery.

Idoko challenged NNPCL to ensure transparency by inviting the media to document the loading process, saying anything done without media coverage remains unsubstantiated,” he added.

The group called for clarification underscored growing public interest in the operations of NNPCL especially regarding its handling of oil exports and refining activities as the country seeks to stabilize its energy sector amidst economic challenges.

According to him, the company offtaking GTT is one of the companies set up to be trading Nigeria’s cargoes and importing off-spec fuel from Eastern Europe

“This cargo is a ploy to make people believe that what they have set up in Eleme is a refinery. But what they will do is transship that cargo in Central Europe and send it back to Nigeria

He said one Adisa Aliyu is the owner of Matrix Energy, who is the arrowhead of Malta, adding that he has substantial investment in the rehabilitation of Port Harcourt blending plant.

You Might Also Like

POLITICAL HEAVYWEIGHTS AND CORPORATE TITANS TO CONVERGE IN ABUJA AS TOMPOLO-BACKED GROUP UNVEILS TINUBU RE-ELECTION MANIFESTO BOOK

Chief Olugbemi Femi Felicitates Hon. Barrister Boluromi Emmanuel on Birthday Anniversary

2026 KWIRS TAX CLUB QUIZ COMPETITION: SIX SCHOOLS EMERGE FROM SEMI- FINALS

Sen. Sunday Karimi: The Diamond In The Rough, The Onion With Many Peels, Why Kogi West Must Not Toy With 2027

PROFESSOR ABUBAKAR SALISU ABDULLAHI DELIVERS THE 29TH INAUGURAL LECTURE OF PRINCE ABUBAKAR AUDU UNIVERSITY, ANYIGBA

Democracy Newsline December 8, 2024
Share this Article
Facebook Twitter Whatsapp Whatsapp Telegram Email
Previous Article Allegation of 10,000 Deaths: Amnesty International Past its Shelf Life – Centre
Next Article Glitz and Glamour As Gov. Ododo, Lagos Deputy Gov, Komolafe, Oshadami Others Win Big At SGtv Man of the Year Awards
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

Democracy Newsline Newspaper is a Nigerian news and current affairs publication committed to keeping readers informed with relevant, timely, and credible information on events and issues that matter to society.

  • Home
  • About Us
  • News
  • Correction Policy
  • Editorial Policy
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Contact Us

Recent Posts

  • POLITICAL HEAVYWEIGHTS AND CORPORATE TITANS TO CONVERGE IN ABUJA AS TOMPOLO-BACKED GROUP UNVEILS TINUBU RE-ELECTION MANIFESTO BOOK
  • Chief Olugbemi Femi Felicitates Hon. Barrister Boluromi Emmanuel on Birthday Anniversary

© Democracy Newsline Newspaper. Published by Macbihem Venture Limited. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?