"Sell all the products for free" - Ibe Kachikwu

The Ministry of Petroleum Resources has instructed the Department of Petroleum Resources (DPR) to distribute petrol of any filling stations involved in hoarding to customers free of charge. Dr Ibe Kachikwu, the Minister of State, Petroleum Resources, announced this during his tour and monitoring of fuel stations in the Federal Capital Territory (FCT) .

N8BN Fraud: CBN staff own posh cars, petrol stations

 

The court trial of some Ibadan based bankers indicted over the theft of N8 billion worth of mutilated banknotes was yesterday told of the stupendous wealth of the suspects.

The suspects, including a self-acclaimed illiterate bank staff were alleged to have acquired petrol stations, shopping malls in Nigeria and abroad, exotic cars, supermarkets, among others.