Nigerian National Petroleum Company NNPC Archives

Nigerian National Petroleum Company NNPC

November 24, 2025

₦61 Billion Audit Shock: How NNPCL’s Books Unravelled

News Crackers Economy, Metro, Oil & Gas Audit, Nigerian National Petroleum Company NNPC 0

By ESTHER McWILLIS-IKHIDE A fresh audit of the Nigerian National Petroleum Company Limited (NNPCL) has exposed a sprawling web of financial irregularities running into more than ₦61 billion, raising new questions about transparency and accountability at Africa’s largest state-run oil company. The findings, contained in the 2022 Annual Report on Non-Compliance by the Office of […]

September 10, 2025

Ex-NNPC Official Convicted In US Over $2.1 Million Bribery Scandal

News Crackers Crime, Metro, News Addax Petroleum, Corruption, Nigerian National Petroleum Company NNPC, Paulinus Okoronkwo, Sinopec, US Court 0

A United States court has found Paulinus Okoronkwo, a Nigerian lawyer based in Los Angeles and former official of the Nigerian National Petroleum Corporation (NNPC), guilty of accepting a $2.1 million bribe from a Chinese oil company to secure drilling rights in Nigeria. Okoronkwo, 58, also known as “Pollie”, was convicted of three counts […]