Thursday 5th January 2017

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NNPC Names Oando, Sahara, 37 Others Winners of 2017 Crude Term Contracts Ejiofor Alike The Nigerian National Petroleum Corporation (NNPC) has announced the list of successful bidders for the 2017/2018 crude oil term contracts. The list consists of 39

winners comprising 18 Nigerian companies, 11 international traders, five foreign refineries, three National Oil Companies (NOCs), and two NNPC trading arms. The Group General Manager, Crude Oil Marketing

Division (COMD) of the Corporation, Mr. Mele Kyari, who announced the results, according to a statement posted on the corporation’s website, said the contract would run for one year effective January 1, 2017 for twelve consecutive circles of

crude oil allocation. According to the statement, all the contracts are for 32,000 barrels per day except for Duke Oil Limited, the oil trading arm of NNPC, which shall be for 90,000 barrels per day. The 16 Nigerian companies,

excluding NNPC subsidiaries that emerged successful, are Oando, Sahara Energy, MRS Oil and Gas, AA Rano, Masters Energy, Eterna Oil, Britannia-U, North West Petroleum, Optima Energy, AMG Petroleum, Setana Energy, Prudent Energy, Arkleen Oil and Gas, Emo

Oil, Bono, and Hyde Energy. International refineries that made the list include Indian refiner, Hindustan Energy, Varo Energy, Sonara Refinery, Bharat Petroleum and Cepa. Trafigura, ENOC Trading, Continued on page 8

FG: Airport Security Personnel to Bear Arms, National Carrier to Start This Year...

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Thursday 5 January, 2017 Vol 21. No 7931. Price: N250

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Security Operatives Raid Abuja Home of Jonathan's Brother-in-Law...

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Obasanjo, Awujale at Each Other’s Throats over Adenuga Ex-president on the defensive over persecution of Globacom boss by EFCC Sheriff Balogun in Abeokuta Former President Olusegun Obasanjo and the Awujale of Ijebuland, Oba Sikiru Adetona, have gone at each other’s throats over the travails of the Chairman of Globacom, Chief Mike Adenuga, when the latter was investigated by the Economic and Financial Crimes Commission (EFCC)

in 2006 over allegations that Obasajo’s deputy, Atiku Abubakar, had used funds of the Petroleum Technology Development Fund (PTDF) to acquire shares in Globacom. Also, Mohammed Babangida, son of Nigeria’s former military president, Ibrahim Babangida, was Continued on page 9

Fayose Accuses APC of Plot to Remove Him from Office, Writes CJN Fayemi dismisses gov’s allegation Presidency slams him over comment on N5,000 stipend Davidson Iriekpen in Lagos and Tobi Soniyi in Abuja Ekiti State governor, Mr. Ayodele Fayose, has raised the alarm over a new plot by the All Progressives Congress (APC) to remove him from

office with the connivance of the judiciary. Addressing journalists in Lagos yesterday, Fayose said he had already petitioned the acting Chief Justice of Continued on page 8

Army Confirms Arrest of Borno LG Chairman over Alleged Links to Boko Haram... Page 10

L-R: Minister of the Federal Capital Territory (FCT), Mr. Mohmmed Musa Bello; Minister of Finance, Mrs. Kemi Adeosun; and Minister of Foreign Affairs, Mr. Geoffrey Onyema, during the first Federal Executive Council (FEC) meeting of 2017, held at the Presidential Villa in Abuja… yesterday godwin omoigui


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