✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

NNPC denies awarding pipeline contracts solely to cabal

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has stated that media reports claiming it silently awarded pipeline construction solely to northern oil business owners…

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has stated that media reports claiming it silently awarded pipeline construction solely to northern oil business owners are false.

The media report claimed that the inclusion of MRS Oil Company PLC and AA Rano, by two northerners, Sayyu Dantata and Auwalu Rano, respectively, indicated that northern cabals have a firm grip on the oil sector in the country.

Reacting to the report, NNPC said it is deeply committed to adhering to the highest standards of transparency and global best practices in its activities, reasons it included several organisations to monitor its contract award process.

It said the contract was for 4 lots and was awarded based on rigorous evaluation criteria and in line with industry norms to several companies who won after an advertisement was made.

Iran denies role in Hamas attack

Politicians intimidating our personnel in Kaduna – FRSC boss

“The attention of the Nigerian National Petroleum Company Limited has been drawn to reports in an isolated section of the media alleging underhand dealings in the award of contracts for the rehabilitation of pipelines across the country.

“To re-emphasise our commitment to transparency, NNPC subjected the selection process to a competitive tender guided by Bureau of Public Procurement (BPP) standards; and the Infrastructure Concession Regulatory Commission expertise, and the active involvement of a Transaction Advisor. We also had representations from NEITI and the Ministry of Justice in the project development team and the evaluation exercise.

“Below is the composition of Consortium members per lot spread across Nigeria.

“LOT 1: Oilserve Ltd, Chu Kong Steel Pipe Group Company Ltd, Saudi Crown Oilserve. LOT 2: MacReady Oil and Gas Services, COBRA Instalicios S.A, Control Y Montajes Industriales & International De Pipelines, Iron Products Industries Ltd, Batelitwin Global Services Ltd, Bauen Empresa Constructora SAU, Sanderton Energy Ltd, The Spanish National Association of Manufacturers.

The statement continued, “LOT 3: A A Rano, Zakhem Construction Nigeria, Bablinks Resources Ltd, VAE Controls S.R.O. LOT 4: MRS Oil and Gas, CPPE Nigeria Ltd.”

It added that the contracts are based on Build, Operate and Transfer agreements, “and selected partners are to finance the rehabilitation and do not entail the transfer of control of these assets to any particular company.

The NNPC Ltd. further stated that its objective,” is to enhance the integrity and functionality of the pipelines to facilitate the efficient transportation of crude oil to refineries and the distribution of its products across the country.”

It said the ownership of the national assets remains with NNPC Limited which is fully committed to ensuring their continued operation in the interest of over 200 million Nigerians.

LEARN AFFILIATE MARKETING: Learn How to Make Money with Expertnaire Affiliate Marketing Using the Simple 3-Step Method Explained to earn $500-$1000 Per Month.
Click here to learn more.

AMAZON KDP PUBLISHING: Make $1000-$5000+ Monthly Selling Books On Amazon Even If You Are Not A Writer! Using Your Mobile Phone or Laptop.
Click here to learn more.

GHOSTWRITING SERVICES: Learn How to Make Money As a Ghostwriter $1000 or more monthly: Insider Tips to Get Started. Click here to learn more.
Click here to learn more.

SECRET OF EARNING IN CRYPTO: Discover the Secrets of Earning $100 - $2000 Every Week With Crypto & DeFi Jobs.
Click here to learn more.