Tag: NNPCL
SERAP sues NNPCL over failure to account for Nigeria’s daily oil production, revenues
“The NNPCL has a legal responsibility to promote transparency and accountability in the country’s daily oil production, exportation and the…
I’ll sack Kyari, Akinyelure, other NNPCL Board members if they fail to perform – Tinubu
Inaugurating the Board of the NNPCL at the State House, on Monday, Tinubu also warned that conducts suggesting a sense…
NNPCL generates N4.5trn revenue in 10 months
Kyari said the company had been expanding in business like most National Oil Companies in Africa.
COP28: NNPCL seals LNG deals for domestic, international markets
In its efforts to further boost natural gas utilisation in the country and enhance Nigeria’s gas revenue NNPC Ltd has…
Report on shutdown of Maiduguri Gas Plant false
The Gas Plant initiated under the immediate past administration of President Muhammadu Buhari, and constructed by the Nigerian National Petroleum…
Oil theft: Ex-militant leaders, stakeholders insist on split of Tompolo’s N48bn contract
The ex-agitators made the demand while giving their commitmemt to support efforts of President Bola Ahmed Tinubu's administration to fight…
Ohanaeze, Arewa want leaders of phoney groups blackmailing NNPCL operations arrested
On gas development, the Igbo youth group said Kyari leadership had among other things seen to the “final Investment Decision…
FG still owing NNPCL over $9.74bn fuel subsidy debt despite NEITI’s under-remittance claims
This is despite the claims by the Nigeria Extractive Industries Transparency Initiative (NEITI) that the defunct Nigeria National Petroleum Corporation…
NNPCL not involved in secret recruitment
Reports on social media had claimed that about 35 people were allegedly recruited secretly into the NNPC Limited under the…
NNPCL secures $3bn emergency crude oil repayment loan from Afreximbank
The deal will cushion the effect of fuel price jump and scarcity of forex, associated with the free float of…
NNPCL resumes operation at Forcados Terminal, oil production to rise by 350,000bpd
With this, NNPCL is getting close to the August target of 1.8 million barrel per day oil projection target.
Kyari, breaking the jinx, creating prosperity for Nigerians at new NNPCL
Despite the numerous challenges, Kyari grew its production to an enviable level. As at February 2023, the NNPC crossed 1.6…
NNPCL remits N123bn into Federation Account after exiting fuel subsidy shackles
The remittance is coming barely two months after the NNPC exited the fuel subsidy shackle following the removal by President…
NNPCL, UTMOL sign historic agreement to further drive down cost of cooking gas
The signing ceremony which took place at the NNPCL corporate headquarters in Abuja is a collaborative effort between the two…
NNPCL breaks silence: Why fuel price jumped to N617 per litre
According to Kyari, this is the meaning of making sure that the market regulates itself, saying that the prices would…
More hardship for Nigerians as fuel price hits N617 per litre
On Tuesday, several outlets of the Nigerian National Petroleum Company Limited, in Abuja are selling the commodity for N617 per…
Petrol: IPMAN rejects prices fixed by NNPCL
Anyaso described the price list recently released by NNPCL which pegged PMS between N515 and N520 in Southeast as its…
Fuel queues caused by movement restrictions for elections – NNPCL
“The appearance of pockets of queues in Abuja and some parts of the country, is largely due to restrictions in…
NNPCL: Fuel subsidy now above N400bn monthly
According to him, NNPCL was spending about N202 as subsidy on every litre of petrol consumed across the country, adding…
‘Enough is enough’ – DSS asks NNPCL, others to end fuel scarcity in 48 hours
Social - economic activities have been grounded in many parts of Nigeria in the past few weeks as a result…
How thieves have been tapping Nigeria’s oil for 9 years
The sophisticated operation had been going on for nine solid years before it was discovered by security operatives. Stealing of…
Churches, mosques involved in Nigeria’s oil theft
He said so far, the NNPC, in conjunction with security agencies, had destroyed 959 metal tanks for storage purposes, 737…
NNPCL defends award of pipeline surveillance contract to Tompolo
NNPCL said end-to-end pipeline surveillance would require the involvement of private entities and community stakeholders in addition to the use…