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Tag: NNPC.

Business

Nigeria’s Oil and gas probe programmed to fail – ACN

The Action Congress of Nigeria (ACN) has said the federal government-ordered audit of all government institutions in the oil and…

Business

Fuel Scarcity Hits Kaduna

Long queues returned to most fillings in Kaduna Tuesday as biting fuel scarcity hits the state. P.M.NEWS discovered that most…

Business

How NNPC Defrauds Nigerians on oil exports and subsidy

The KPMG, in a forensic analysis of the operations of the Nigeria National Petroleum Corporation in 2010, unveiled startling revelations…

Business, Headlines, News

ACN warns Jonathan: Let fuel subsidy stay

The Action Congress of Nigeria (ACN) has re-stated its opposition to the plan by the federal government to remove fuel…
JUST IN: Jonathan confirmed safe, out of Guinea-Bissau

Business, Headlines, News, Politics

Subsidy: Evil Day Postponed

President Goodluck Jonathan makes good his intention to remove subsidy on petroleum products despite opposition from Nigerians. But when exactly…

Business, Headlines, Opinion

Jonathan’s government exposed: the real cost of fuel in Nigeria

By Izielen Agbon Izielen Agbon On December 10, 2011, if you stopped at the Mobil filling station on Old Aba…

News

Driver Charged With Killing 18 Passengers

A 50-year-old driver, Yahaya Ibrahim, of Rimi Local Government of Katsina State, on Tuesday appeared before an FCT Upper Area…

Metro, News

Oshodi Killing Gang Arrested, Blamed For Death Of Inspector, Corporal, Pregnant Woman

Men of the Special Anti-Robbery Squad, SARS, Lagos State Police Command have arrested three members of the nine-man gang which…

Headlines, News

Fuel Queues In Abuja

Queues at filling stations have surfaced in Abuja, the nation’s capital as motorists engaged in panic buying following reports that…

News

Senate To Unravel Sharp Practice In Fuel Subsidy

Chairman, Senate Joint Committee investigating the management of the fuel subsidy scheme, Senator Magnus Abe, says the committee is determined…

Headlines, News

Up, Up Goes Kerosene Price; •1 Litre Now N180

The price of the domestic cooking fuel, kerosene has shot up again with the price of a litre of the…

News

Alison Madueke, Oniwon, Pay Tribute to Ladan, Late Ex-NNPC GMD

The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke on Wednesday paid tribute to the departed former Group Managing Director of…

Business

NNPC To Commence Direct Sale Of Kerosene To Consumers

The Nigerian National Petroleum Corporation, NNPC, is set to begin the direct distribution of kerosene to households in the country.…

News

We Are Being Under Supplied Kerosene — Marketers

Some major and independent marketers have alleged that the NNPC and Pipelines and Products Marketing Company (PPMC) are under-supplying them…

Opinion

The Galloping Price Of Kerosene

Despite several assurances by the government to do something about the rising price of kerosene, the price of the domestic…

Business

DPR, NNPC To Reduce Kerosene Price Soon

There are indications that the Department of Petroleum Resources, DPR, and the Nigerian National Petroleum Corporation, NNPC, may have started…

News

Fuel Scarcity Bites Harder In Abuja, A Litre Sold For N300

Amidst repeated assurances from the authorities that the Nigerian National Petroleum Corporation, NNPC, has enough petroleum products to serve the…

Business

CBN, NNPC, ISAN, Others Meet Over Crude Oil Lifting

The Minister of Transport, Alhaji Yusuf Suleiman, stated recently that the inability of both the NNPC and ISAN to reach…

Headlines, News

NNPC Oil Tanker Stuffed With Fabrics Arrested

Officials of the Nigerian Security and Civil Defence Corps, NSCDC today arrested an oil tanker belonging to the Nigeria National…

Metro, News

7 Chinese Men Arrested For Oil Theft

Seven Chinese men have been arrested for oil theft by officers of the Nigeria Security and Civil Defence Corps, NSCDC,…

Metro, News

2 Oil Workers Docked

Two oil workers, Idowu Uwumaronig, 30, Ajayi Adesuyi, 33, have been charged with  felony, forgery and stealing at an Ikeja…

News

Kaduna Refinery Shut

Nigeria’s 110,000 barrel per day (bpd) Kaduna refinery has shut down after the crude  oil pipeline feeding the facility was…

Business

Olokola LNG Project To Employ 15,000

The Group Managing Director of  NNPC, Mr. Austen Oniwon, said in Abuja that the  Olokola LNG project would employ more…

Metro, News

Arepo Residents Worried About Oil Thieves

Residents of Arepo, a fast growing community along the Lagos-Ibadan Expressway have  called on the Federal Government to put a stop…

Metro, News

Ilase: A Disaster Waiting To Happen

Ilase is a remote riverine village of about 5,000 people in Ojo Local Government  Area of Lagos State, southwest Nigeria. …

Headlines, News

Police Arrest 2 Over Illegal Petrol Dump

The police in Lagos State, South West Nigeria, have arrested two persons in  connection with the discovery of about 150…

News

Bomb Scare At NNPC HQ

There was a bomb scare at the headquarters of the Nigeria National Petroleum Corporation,  NNPC, Abuja, Nigeria this morning, P.M.NEWS…

News

Alison-Madueke Debunks Allegations

The Group General Manager Group Public Affairs of the Nigerian National Petroleum Corporation,NNPC, Dr. Levi Ajuonuma, has debunked the allegation…

Business

China To Build $8b Refinery In Nigeria

It will be the first of three refineries under a deal signed in May between Nigeria’s state oil company, NNPC,…

Headlines, News

Jonathan Orders Audit of NNPC Account, Appoints New GMD

Less than two months after his appointment, the Federal Government has removed Alhaji Shehu Ladan as the Group Managing Director…
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