Mit Magzter GOLD unbegrenztes Potenzial nutzen

Mit Magzter GOLD unbegrenztes Potenzial nutzen

Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur

$149.99
 
$74.99/Jahr
The Perfect Holiday Gift Gift Now

NNPCL, Kyari Clash with Agip Contractors Over Surveillance Contract

The Business NG

|

The BusinessNG

The Nigerian National Petroleum Company Limited (NNPCL) and its former Group CEO, Mele Kyari, have filed a counter-affidavit against a suit brought by the Incorporated Trustees of the AGIP Indigenous Contractors Association and others, challenging the award of a pipeline surveillance contract in the Niger Delta to Tantita Security Services Limited.

The contractors had approached the Federal High Court in Abuja, accusing the NNPCL and Kyari of bypassing due process in awarding the contract.

The plaintiffs, who described themselves as representatives of oil-producing communities, alleged that the contract was awarded in violation of the Nigerian Oil and Gas Industry Content Development Act of 2010, and that their letters of interest to participate in the bidding process were ignored.

According to court filings seen by Nairametrics, the plaintiffs - comprising companies and individuals including Eliax Bleet Nig Ltd, Tamak Plan Oil & Gas Ltd, De-friyo Marine Services Ltd, Kalas Agai Nimitenbofa, Chief Taylor Amakiri, and Joclemsco Nig Ltd - requested the court to compel the NNPCL to include them in the bidding process and nullify the contract awarded to Tantita.

WEITERE GESCHICHTEN VON The Business NG

The Business NG

Foreign Investors Eye Undercapitalised Nigerian Banks Amid CBN Clampdown

Nigeria's banking sector is at the center of an intense recapitalisation drive as the Central Bank of Nigeria (CBN) tightens enforcement ahead of the March 31, 2026, compliance deadline.

time to read

1 min

BusinessNg

The Business NG

Lawyers Invoke FOI Act to Demand Disclosure of FIRS-France Tax Agreement

A civil society organisation, Lawyers for Civil Liberties, has invoked the Freedom of Information (FOI) Act to request access to the mem-

time to read

1 min

BusinessNg

The Business NG

Tinubu to Present N54 Trillion 2026 Budget to National Assembly Today

President Bola Ahmed Tinubu will on Friday (today) present the 54 trillion 2026 budget to a joint session of the National Assembly.

time to read

1 min

BusinessNg

The Business NG

Reps Amend Electoral Act, Approve Mandatory Electronic Transmission of Election Results

The House of Representatives has approved a proposal mandating the real-time electronic transmission of election results, marking a significant step toward strengthening Nigeria's electoral process.

time to read

1 min

BusinessNg

The Business NG

Abuja Blackout Deepens Security Fears as Residents Slam AEDC's Silence

Residents of several communities in Abuja have expressed growing frustration and fear after a prolonged power outage plunged parts of the Federal Capital Territory (FCT) into darkness, worsening security concerns and disrupting livelihoods.

time to read

1 min

BusinessNg

The Business NG

Telecom Failures Put Minister Bosun Tijani Under Public Scrutiny

Once celebrated as one of Nigeria's brightest tech minds, Minister of Communications, Innovation and Digital Economy, Bosun Tijani, is now facing mounting public criticism as Nigerians question the tangible impact of his tenure.

time to read

1 min

BusinessNg

The Business NG

CBN Targets N825Bn in Final 2025 Bond and Treasury Bills

The Central Bank of Nigeria (CBN) has announced plans to raise a total of 825 billion from the domestic debt market in the final round of Federal Government securities issuance for 2025, underscoring the government's continued reliance on local borrowing amid elevated interest rates.

time to read

1 min

BusinessNg

The Business NG

Tax Reform Countdown: SMEs Gain, High Earners Pay More

Nigeria is set to witness a historic transformation in its fiscal landscape as the Federal Government rolls out sweeping tax reforms designed to boost fairness, ease the burden on low-income earners, and stimulate business growth.

time to read

1 min

BusinessNg

The Business NG

Naira Holds Firm as Nigeria's Forex Reserves hit $45.4Bn

The naira remained under pressure at the Nigerian foreign exchange market (NFEM), closing at 1,455 per US dollar on Wednesday, reflecting ongoing demand for dollars amid liquidity challenges.

time to read

1 min

BusinessNg

The Business NG

The Business NG

Three Months to Recapitalisation: Weaker Banks Explore Mergers as Investors Hesitate

With just three months remaining before the Central Bank of Nigeria's (CBN) recapitalisation deadline, several weaker banks in the country are reportedly considering mergers as a strategy to strengthen their financial position and remain compliant with regulatory requirements.

time to read

1 mins

BusinessNg

Listen

Translate

Share

-
+

Change font size

Holiday offer front
Holiday offer back