March 18, 2025
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Home Posts tagged Dr. Maikanti Baru
Business

Nigeria’s crude production hits 2.3mbpd, says NNPC

Ihesiulo Grace
…Targets production cost of $20 per barrel Micheal Ajayi The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says Nigeria’s daily oil production has increased to 2.32 million barrel per day (bpd). The NNPC boss disclosed this on Tuesday, while hosting the executive members of the Nigerian Union of Journalists […]
Oil & Gas

NNPC resolves to encourage local investors

Ihesiulo Grace 0
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru, has restated the corporation’s commitment to support indigenous companies operating in the oil and gas industry to grow to their fullest potential.   The GMD who stated this in Lagos on Thursday at the official unveiling of 11 new helicopters to […]
Baru
Headlines News

Fuel scarcity now a thing of the past- Baru

Ihesiulo Grace 0
The Group managing Director of the NNPC Dr. Maikanti Baru, has insisted that the management’s recent engagement with relevant stakeholders on the marketing of oil products, has actually laid the lingering product scarcity to rest. Baru, who insisted that fuel scarcity was caused by greedy marketers, explained that the corporation had been collaborating with sister […]
nnpc
News

Baru warned workers on service delivery

Ihesiulo Grace 0
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has charged oil and gas workers across the country to work assiduously towards proffering viable solutions to the industry’s numerous challenges. Baru, who made the call during the closing ceremony of the 17th edition of the Nigerian Oil & Gas Industry Games […]
fuel
News

Fuel scarcity: Baru berates FG over porous border

Ihesiulo Grace 0
…Says NNPC Can’t Guarantee effective distribution The Nigerian National Petroleum Corporation (NNPC) has raised alarm over the sustained nefarious activities of some cross-border fuel smuggling syndicates and hoarders which have so far impeded efforts by the Corporation to sanitize the fuel supply and distribution matrix across the country. Dr. Maikanti Baru, Group
contracts
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$25bn NNPC contracts non-existing – Presidency

Ihesiulo Grace 0
Mathew Dadiya, Abuja The Federal Government on Sunday made its position clear over the controversy at the Nigerian National Petroleum Corporation (NNPC) over the purported leaked memo of the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, who accused the NNPC Group Managing Director, Dr. Maikanti Baru, of insubordination and high-handedness in the management
electricity
Headlines Nigeria

“I approved NNPC contracts” – Osinbajo

Ihesiulo Grace 0
Vice President, Prof. Yemi Osinbajo, has taken responsibility for granting authorisation to the NNPC for two oil contracts worth ₦640 billion. A statement by his spokesperson, Laolu Akande, said Prof. Osinbajo approved the contracts in his capacity as acting president in July. “In response to media inquiries on NNPC joint venture financing, VP Osinbajo, as […]
News

IPMAN suspends planned strike As NNPC GMD’s Intervene

Ihesiulo Grace 0
The leadership of the Independent Petroleum Marketers Association of Nigeria, IPMAN, on Monday announced the suspension of a scheduled nationwide strike following a meeting with the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru in Abuja. Chairman of the IPMAN Committee on FOREX Intervention, Products Sourcing and