News Rangers

Tinubu Shakes Up Oil Sector, Orders Central Bank to Take Over Crude Sales From NNPC

LAGOS JANUARY 29TH (NEWSRANGERS)-President Bola Tinubu has announced a shake-up in the oil sector to ensure transparency amid concerns about declining oil revenue and opaque practices within the NNPC. The President has directed the Central Bank of Nigeria (CBN) to take over responsibility for crude oil sales from the Nigerian National Petroleum Company Limited (NNPCL)….

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Nigerian Navy Reacts As FG Probes Oil Theft Allegation Against Naval Boss

LAGOS JANUARY 29TH (NEWSRANGERS)-The Minister of State for Defence, Bello Matawalle, has directed an investigation into oil theft allegations against Emmanuel Ogalla, chief of naval staff. A report by Peoples Gazette had alleged that Ogalla was involved in a multibillion naira oil bunkering and contract-splitting fraud. The director of information in the ministry of defence,…

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