Tags: capital oil

Fayose Too Stingy—Ifeanyi Ubah

Nigerian oil and gas mogul, Ifeanyi Ubah, has played down claims that he was involved in the alleged rigging of the 2014 Ekiti gubernatorial election. Ubah, who controls the affairs at Capital Oil and Gas, while speaking on a Channels TV programme, Politics Today, claimed if consulted by the Federal Government, he will work out…

Reps Summon Diezani Over Oil Swap Deals

Former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, has been directed to appear before the House of Representatives Ad hoc Committee investigating the Refined Product Exchange Agreement/Crude Oil Swap between the Nigerian National Petroleum Corporation/Petroleum Pipelines Marketing Companies (NNPC/PPMC) and some oil companies during her tenure. The lawmakers want Diezani to explain her role in…

Ifeanyi Ubah, Chief Coordinator of Transformation Ambassadors of Nigeria, TAN, a campaign group for President Goodluck Jonathan re-election ambition, has returned as the MD/CEO of Capital Oil and Gas, nearly 17 months after the company was taken away from him. Following an alleged debt of about N65 billion, the Asset Management Company of Nigeria, AMCON,…