The controversies surrounding the proposed fuel subsidy removal may not have come to an end, as the Nigerian National Petroleum Corporation (NNPC) Limited have presented a bill of N3 trillion for deliberations at the Federal Executive Council meeting chaired by President Muhammadu Buhari on Wednesday. According to the Minister of Finance Budget and National Planning, […]
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Nigeria’s President Muhammad Buhari on Wednesday appointed the Board and Management of the Nigerian National Petroleum Company Limited. This is in accordance with the power vested in him under Section 59(2) of the Petroleum Industry Act he signed on August 16, 2021. Special Adviser to the President on Media and Publicity, Femi Adesina, made this […]
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The Nigerian National Petroleum Company Limited has ended the year on a bright note after bagging an award as the overall best company in oil and gas reforms at the Open Government Partnership global awards, which was held in Seoul, South Korea. Nigeria picked the award at the expense of other member countries in Africa […]
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The Nigerian National Petroleum Company (NNPC) Ltd has urged the public not to engage in panic buying of petroleum products, as the company has sufficient stock of the products. Garba Muhammad, Group General Manager, Group Public Affairs Division, NNPC in a statement on Tuesday said that the stock of the products would last for the […]
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Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, has insisted there would be no increase in the ex-depot price of Premium Motor Spirit (PMS), popularly called petrol, in May. NNPC has maintained an ex-depot price of N148/litre since February, despite the hike in the actual cost of the commodity and […]
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The Nigerian National Petroleum Corporation (NNPC) has said there is no plan to increase pump price. The Group General Manager, Group Public Affairs Division of the NNPC, Dr Kennie Obateru, dismissed the rumours while speaking with The Nation. “NNPC has not increased its ex-depot price. “I am certain that NNPC is not likely to increase […]
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A former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mr Andrew Yakubu, who is facing tiral for alleged money laundering, says 98 per cent of the $9,772,800 and £74,000 cash recovered from a safe in his house in Kaduna State are gifts from well-wishers. He stated that the other two per […]
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The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Navy have pledged deeper collaboration to tackle crude oil theft and attacks on oil and gas facilities. The two organisations came to the resolution when the NNPC GMD, Malam Mele Kyari paid a courtesy call on the Chief of Naval Staff, Vice Admiral Ibok Ekwe-Ibas at […]
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The new Group Managing Director Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, on Monday took over the mantle of leadership, vowing to repair the four national refineries before the end of President Muhammadu Buhari administration in 2023. He also pledged to work towards the delivery of the Dangote Refinery by the first quarter of […]
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The Nigerian National Petroleum Corporation (NNPC) has thrown more light on the newly appointed GMD of the corporation, Mr. Mele Kolo Kyari, as well as the six Chief Operating Officers and a Chief Financial Officer. A follow-up release on the new appointments by the NNPC Group General Manager, Group Public Affairs, Mr. Ndu Ughamadu, informed […]
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