Tag: NNPC.
NNPC presents N621.24bn cheque for reconstruction of 21 roads
The Nigerian National Petroleum Corporation (NNPC), on Tuesday handed over a symbolic cheque of N621.24 billion for the rehabilitation of…
NNPC announces N141.96B trade surplus
The report stated that in June 2021, NNPC Group operating revenue as compared to May 2021, decreased by 9.07 per…
Afreximbank grants $1.04B loan to NNPC
Afrexim President Benedict Oramah said the loan represented a balanced approach to development and climate, noting that Africa contributes just…
On Fuel Supply, Do Not Panic – NNPC
The Nigerian National Petroleum Corporation (NNPC) has advised the general public not to engage in panic buying of Premium Motor…
NNPC allays fears over fuel scarcity
We have over 1.7 billion litres of Premium Motor Spirit in the country..We have another 2.3 billion litres coming in.…
NNPC boosts road construction with N620B, 21 major roads lined up
Fashola said that the NNPC tax deployment would not be a one-off payment but periodic and gave the projected commitment…
Kyari Replies Ekpu: Elite Class Responsible for Perpetual Fuel Importation
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Malam Mele Kolo Kyari today blamed the Nigerian elite class for…
Tanker Drivers Call Off Planned Strike
The Petroleum Tanker Drivers (PTD) union has called off its planned strike. This development came after intensive engagement involving the…
NNPC Ready to Invest in Road Construction, Calls Tanker Drivers to Shelve Strike
The Nigerian National Petroleum Corporation (NNPC) has called on Petroleum Tanker Drivers (PTD) to, in the interest and welfare of…
NNPC releases important information on purported recruitment
The Nigerian National Petroleum Corporation (NNPC) has said it is not recruiting and urged the general public to disregard information…
NNPC Records Crude Oil, Gas Sales of $219.75m in May
The Nigerian National Petroleum Corporation says it recorded a total crude oil and gas export sales of $219.75m in May…
Buhari orders incorporation of NNPC as limited liability, Ararume heads board
Chairman of the Board is Senator Ifeanyi Ararume, while Mele Kolo Kyari and Umar I. Ajiya are Chief Executive Officer,…
NNPC ₦287bn profit: Facts behind the figures – Kyari
Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287bn profit after tax in…
ICYMI: Why Buhari is excited by NNPC’s first profit in 44 years
NNPC's GMD Mele Kyari attributed the profit to cost cutting, improved efficiency as well as lower borrowing rates.
NNPC hails Appeal court’s judgment on OML 11
The Nigeria National Petroleum Corporation (NNPC) has hailed the recent Appeal Court judgment affirming its operatorship of the Oil Mining…
NPDC resumes operation at OML 11 after legal victory over Shell
The appeal court judgment was hailed by Kyari who described it as a huge victory for Nigeria and the beginning…
NNPC shuffles staff, appoints Garba Muhammad spokesman
The appointments and redeployments were to strengthen and reposition the NNPC towards attaining global excellence and profitability.
NNPC bribes: Glencore staff Stimler pleads guilty in U.S.
A scheme of graft in NNPC involving Anthony Stimler, a former U.K.-based trader for Glencore Plc has put the him…
Massive fraud: NNPC failed to remit N3.88trn from crude oil sales in 2015 – Senate
The Senate has faulted the Nigerian National Petroleum Corporation (NNPC) for under remitting the sum of N3.88 trillion revenue from…
NNPC will borrow to buy 20% stake in Dangote Refinery: Mele Kyari
Mele Kolo Kyari, the group managing director of the Nigerian National Petroleum Corporation has justified the plan to buy a…
Smugglers balloon Nigeria’s daily petrol consumption: NNPC
The Nigerian National Petroleum Corporation (NNPC) said smuggling across the borders increased the daily consumption of Premium Motor Spirit (PMS)…
NNPC: Nigeria bleeds as petrol cost hits N256, subsidy N150b
The Nigerian National Petroleum Corporation (NNPC) said the cost of a litre of petrol has hit N256 and it is…
Senate lauds NNPC’s anti-corruption efforts
The Nigerian Senate has commended the Nigerian National Petroleum Corporation (NNPC) for its efforts towards entrenching transparency and stamping out…
NNPC records 314% Increase in trading surplus
Nigerian National Petroleum Corporation (NNPC) has announced a ₦39.85billion trading surplus for February 2021, representing a 314.24% leap from the…
NNPC begins Port Harcourt refinery repairs
The Nigerian National Petroleum Corporation (NNPC) has kicked off the Port Harcourt Refinery rehabilitation with a promise not to fail…
NNPC clarifies zero-remittance letter to Accountant General
Nigerian National Petroleum Corporation (NNPC) said the zero revenue remittance projection in its letter to the Accountant General pertains only…
NNPC records 37.21% drop in oil pipeline vandalism
The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 % decrease in cases of pipeline vandalism across the country…
Breaking: N165 petrol price stays for now, says NNPC
NNPC said it will sustain its current N162-N165 petrol price until the conclusion of talks with labour and other stakeholders.
Kyari bombshell: Cost of petrol N234 per litre
Group Managing Director of Nigerian National Petroleum Corporation NNPC, Mele Kyari says the actual cost of a litre of petrol…
No increase in petrol depot price this month, NNPC insists
The Nigerian National Petroleum Corporation has insisted that there is no increment in the ex-depot price of Premium Motor Spirit…