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Tag: NNPCL

Ohanaeze, Arewa want leaders of phoney groups blackmailing NNPCL operations arrested

News

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…
Naira

Business

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…
NNPC Ltd. raises alarm about what it described as emerging coordinated sabotage campaign being waged by a syndicate against the organisation

Metro

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 repayment loan from Afreximbank

Business

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

Business

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.
NNPCL turning a new leaf

Opinion

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…
Nigerian youths hail Kyari’s transparency drive, beg Nigerians to be patient

Business, Headlines

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

Business

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 gives reason fuel price went up

Metro, Top Stories

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…
Fuel

Business, Top Stories

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…

Business

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…
NNPC Ltd attributes fuel queues across the country to ongoing road construction around Apapa area of Lagos and bad roads at depots

News

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…
Malam Mele Kyari, Group Managing Director (GMD), Nigerian National Petroleum Corporation Ltd. (NNPCL)

Business

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…
Fuel scarcity: Passengers lament soaring transportation fares in Ilorin

Headlines, Top Stories

‘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…
Oil pipelines

Business

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…
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