Rountrip

By Olusegun Ajulo It was back in 2010, that Jenji Kohan created a television comedy, later turned into drama, series which reflects the experience of Piper Kerman's memoir revealing her experience at the PCI Danbury Minimum Security Prison. The series gained such notability of popularity because of it's idiomatic application more than its reformative implications. It's idiomatic application simply underpins the fact that a certain thing is what is in vogue. The old Port Harcourt refinery and the production of fuel, has become the new orange is a new black. The more you see but the less you understand. Especially with the highly orchestrated and televised guided tour of machineries and upgraded equipment recently. The cycle of stunts, repetitive falsehood and deception has become a notoriety of fashion for the NNPCL. Not only are Nigerians treated to new 'stories by moonlight' daily, but the company have decided to play it rough this time. They are determined to do i...

The Afenifere Mandate Forum (AMF) has cautioned the Nigerian National Petroleum Company Limited (NNPCL) against re-introducing fuel subsidy through dubious means, citing the regime's notorious history of corruption. The group emphasised the need for transparency going forward, urging the Central Bank of Nigeria (CBN) not to make payments to NNPCL's foreign partners in the name of subsidy. In a statement signed by its President, Otunba Davies Folorunsho, the group said the fuel subsidy regime was embroiled in corruption, with allegations of fraudulent payments and inflated subsidies. Folorunsho said Mele Kyari, the Group CEO of NNPCL, was at the centre of the controversy, with reports of the company importing toxic fuel from Malta. He noted that this not only perpetuated corruption but also endangered the health and safety of Nigerians. However, Folorunsho said the he removal of fuel subsidy has been a significant step towards economic recovery, saving the country billions of do...

Despite the recent price reduction announced by the Nigerian National Petroleum Company Limited (NNPCL), many of its filling stations continue to sell petrol above N1,000 per litre. Joseph Obele, the National Public Relations Officer of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) had disclosed in a statement that NNPCL reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N1,020 to N899 per litre. However, consumers' hopes of relief from the high fuel prices have been dashed as prices remain above N1000 per litre. For instance, despite the price reduction, NNPC Mega Station, Central Business District, Abuja continues to sell petrol at N1,030 per litre with motorists in the area expressing frustration over the high prices, which contradicts the expected relief from the announced reduction. In Lagos, the NNPC station in Ikoyi is selling petrol at N1,020 per litre. This has led to long queues and dissatisfaction amon...

The Nigerian National Petroleum Corporation (NNPC) now Nigerian National Petroleum Corporation (NNPCL) has long been both a symbol of Nigeria’s vast natural resource wealth and a casualty of systemic mismanagement, corruption, and inefficiency. As Africa’s largest oil producer, Nigeria’s petroleum sector has the potential to power the nation’s economy and transform the lives of its citizens. Yet, for decades, the NNPC, once a symbol of national pride, has instead become a cash cow for corrupt political operatives, a source of mismanagement, and a victim of political interference. Since its establishment in 1977, by the Federal Military Government, as a Cash cow, for the government. NNPC’s mission was simple: to manage and harness Nigeria’s oil and gas resources for national development. However, the corporation’s story is intertwined with the country’s political instability, economic challenges, and persistent corruption. Successive administrations, rather than fostering the growth of ...