GISTSMATE 01

‘Fubara Not Remove, But Suspended; Shettima’s Comments Taken Out Of Context – Presidency Speaks

The Nigerian Presidency has stated that certain comments made by Vice President, Kashim Shettima at a recent book launch in Abuja have been ‘grossly misinterpreted’. A statement on Friday, signed by the Senior Special Assistant to the President on Media and Communications (Office of the Vice President), Stanley Nkwocha, debunked claims that Shettima’s comments were…

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NNPC Considering Sale Of Refineries, Gives Reasons — Bayo Ojulari

The Nigerian National Petroleum Company (NNPC) Limited is considering the sale of Nigeria’s refineries, the group chief executive officer (CEO) of the company, Bayo Ojulari has said. Ojulari, in an interview with Bloomberg, said revamping state-owned refineries is becoming more complicated than expected. Recall that the NNPCL had in November 2024, announced that the Port…

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NNPC Refineries May Never Work Again Despite $18 Billion Spent — Dangote

The president of the Dangote Group, Alhaji Aliko Dangote, has said that Nigeria’s state-owned refineries, located in Port Harcourt, Warri, and Kaduna, may never operate properly again despite about $18 billion invested in their rehabilitation. Alhaji Dangote disclosed this while hosting members of the Global CEO Africa, who visited the Dangote Petroleum Refinery yesterday. He…

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How Buhari Harassed My Key Officials Over Malabu Scandal – Jonathan

Former President Goodluck Jonathan has revealed how the Muhammadu Buhari-led administration harassed his key officials over the Malabu Oil deal scandal, specifically referencing the OPL-245 case. This controversy revolves around the 2011 acquisition of Oil Prospecting Licence 245 by Shell and Eni for $1.3 billion, with allegations that $1.1 billion was routed as bribes to…

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