General Electric, GE, a US multinational company, Tuesday in Abuja, proposed to invest in the nation’s three refineries located in Port Harcourt, Warri and Kaduna. GE, in a presentation to NNPC GMD, Dr. Maikanti Baru and his team stated that the company’s teams of partners, including its consortium involving the Engineering, Procurement and Construction (EPC) […]
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The Nigerian National Petroleum Corporation (NNPC) has advised Nigerians to stop panic buying of petroleum products, emphatically stating that there are no plans to increase the price of the products. Ndu Ughamadu, spokesman of the corporation, said the corporation had a 1.3billion litres stock of premium motor spirit (PMS), otherwise called petrol, which is sufficient […]
Continue ReadingThe Nigerian National Petroleum Corporation (NNPC) on Sunday vowed to continue to find sustainable solution to the challenge posed by insurgency in the Niger Delta. The NNPC Group General Manager, Group Public Affairs Division, Mr Ndu Ughamadu, said this in a statement issued in Abuja. “The Corporation has created security management platforms that would enable […]
Continue ReadingThe Group Managing Director of NNPC, Dr Maikanti Baru, has reiterated the commitment of the corporation to upgrade and expand Kaduna Refining and Petrochemical Company Limited (KRPC). Baru made the pledge during a town hall meeting with management and staff of KRPC in Kaduna, Mr Ndu Ughamadu, Group General Manager, Group Public Affairs Division of […]
Continue ReadingThe Nigerian National Petroleum Corporation (NNPC) has again debunked report of plans to increase the pump price of petrol. Mr Garba Deen Muhammad, Group General Manager, Group Public Affairs Division of NNPC said on Monday NNPC was not empowered to increase prices of fuel. The corporation, he said, was not empowered statutorily to tinker with […]
Continue ReadingThe Federal Government, weekend, said it would undertake a review of the pricing template for Premium Motor Spirit, PMS, also known as petrol, to forestall a further increase in the price of the commodity. Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, stated this during a grand award ceremony organised by the Petroleum Products […]
Continue ReadingThe Nigerian National Petroleum Corporation (NNPC) said from January 2016 till date, government lost 7 billion dollars (N2.1 trillion) to the activities of militancy groups and oil pipeline vandals in the Niger Delta region. The Group Managing Director of NNPC, Dr Maikanti Baru, said this on Friday in Abuja at the 2016 Fiscal Liquidity Assessment […]
Continue ReadingMilitants have set fire to a crude oil pipeline in Nigeria’s restive Niger Delta, a military spokesman said on Saturday, the second strike in the country’s oil hub within a day.A militant group had earlier said it attacked the pipeline, which is run by the state oil firm NNPC and a local private firm, Shoreline, […]
Continue ReadingThe Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC), Abdullahi Gana Muhammadu, says the Corps is a specialized Security Government Agency always positioned to protect the Critical Infrastructure of the country, and will always deliver on its constitutional mandate. The CG made this statement today, during the courtesy visit by Dr. Maikanti […]
Continue ReadingThe Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) says the Nigeria National Petroleum Corporation (NNPC) has fixed N150 per litre as the official depot price of kerosene. Alhaji Tokunbo Korodo, the South-West Chairman of the union, disclosed this in an interview with the News Agency of Nigeria (NAN) in Lagos on Saturday. According […]
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