The Nigerian National Petroleum Corporation (NNPC) on Sunday said it recorded N174.62 billion sale of white petroleum products in March. The corporation disclosed this in its March Monthly Financial and Operations Report (MFOR) released in Abuja. It says that March sales figure was higher than the N168.65 billion recorded in February. It explained that the total revenue […]
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The Nigerian National Petroleum Corporation (NNPC) says all shortlisted candidates for its recruitment will sit for Computer Based Testing (CBT) on Saturday, June 1, 2019 across the Country. Mr Ndu Ughamadu, the corporation’s spokesman, disclosed this in a statement in Abuja on Thursday. He said that the scheduled CBT for shortlisted candidates marked the third […]
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The Federal government said oil marketers would be paid N236 billion out of N348 billion approved by the National Assembly as outstanding subsidy claims on Friday, December 14. The Chief Operating officer, Nigerian National Petroleum Corporation (NNPC) Downstream, Henry Ikem-Obih, disclosed this to journalists in Abuja on Saturday. “The Debt Management Office (DMO) will by […]
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The Niger Police Command on Sunday deployed armed personnel to prevent people from scooping petroleum products from the NNPC pipeline that exploded in Dagbo community, Paikoro Local Government Area. Dibal Yakadi, Commissioner of Police in Niger, announced this while addressing journalists at the depot in Minna. He said that deployment became necessary in view of […]
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NIGERIA – The minister of finance, Kemi Adeosun, says the stalemate at the federation account allocation committee (FAAC) meeting will delay the payment of salaries. Adeosun made this known while briefing state house correspondents on the deliberations at the national economic council (NEC) meeting presided over by Vice President Yemi Osinbajo. She said the council […]
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Kidnappers of a senior official of the Nigerian National Petroleum Corporation, NNPC, identified as John Ihenacho, have killed him after collecting ransom. Ihenacho was said to have been abducted by his captors in Ndoki community in Oyigbo Local Government Area of Rivers State last week It was learnt that the victim was later buried in […]
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The National Economic Council (NEC) says revenue generating agencies underpaid N526 billion and $21 billion the federation account between 2010 and 2015. This disclosure was made by Ibrahim Dankwambo, governor of Gombe state, when he briefed state house correspondents after the meeting of the council, which was presided over by Vice-President Yemi Osinbajo at the […]
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Governors on Wednesday night expressed displeasure over the handling of affairs at the Nigerian National Petroleum Corporation (NNPC), alleging fraudulent practices. The governors also directed the NNPC to stop payment of any form of royalty to the Federation Account and ordered that every payment should be paid to the Department of Petroleum Resources (DPR), as […]
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Nigeria has given licenses to 13 firms to establish modular refineries. A total of 35 firms expressed interest to establish the refineries, indicating less than half got the approvals from the department of petroleum resources. This was disclosed by Maikanti Baru, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), at the Offshore […]
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The Minister of State for Petroleum Resources, Ibe Kachikwu has disclosed that the Federal Government of Nigeria now spends N1.4 trillion on subsidising Premium Motor Spirit, popularly called petrol. Mr. Kachikwu disclosed this while speaking at a Liquefied Petroleum Gas workshop organised by the Federal Ministry of Petroleum Resources in Abuja on Thursday. The Nigerian […]
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