It is important to address the concerns raised in Farooq Kperogi’s recent article, “Tinubu’s Buharisation of the NNPC”, and to clarify some of the misconceptions about the operations and leadership structure of the Nigerian National Petroleum Company (NNPC) Limited. First, employment, promotions, appointments, and movements of business leaders at the NNPC are not influenced by […]
A group of energy advocates and socio-economic activists has condemned the collapse of the Port Harcourt Refining Company, just weeks after the Nigerian National Petroleum Company Limited (NNPCL) claimed it had been restreamed. The Energy Reforms Advocates and Socio-Economic Activists, led by Dr. Thomas Zion Godknows, at a press conference in Port Harcourt on Saturday, […]
..Experts demand incentives to help Nigerians grapple with hardship ..You’ve betrayed Nigerians, NLC tells Tinubu BY MOTOLANI OSENI & UKPONO UKPONG The Nigerian National Petroleum Company Limited (NNPC) has raised the price of petrol to an alarming N855 per litre, causing widespread public outcry and sparking calls for government intervention. Experts and labour unions are […]
***Wants Independent Judicial Inquiry by FG to Unravel Fraud The Citizens and Economic Freedom Rights Activists in Nigeria (CEFRAN) has called for an independent leadership for the Nigerian National Petroleum Company Limited (NNPC) and oil and gas agencies, as well as an independent judicial inquiry by the Federal Government to unravel the fraud in the […]
The Deputy Spokesman of the House of Representatives, Rep. Philip Agbese, has accused the Nigerian National Petroleum Corporation (NNPC) and Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of fresh plots to de-market the Dangote Refinery. Agbese, speaking to newsmen on Friday in Abuja, described claims that Dangote Refinery is reselling shipments of crude oil […]
..Says Fuel stations to operate longer hours to aid PMS supply The Nigerian National Petroleum Company Limited (NNPC Ltd.) has attributed the current fuel queues in the FCT and some parts of the country to the disruption of ship-to-ship (STS) transfer of Premium Motor Spirit (PMS), also known as petrol. Mr Olufemi Soneye, Chief Corporate […]
By Motolani Oseni Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Ltd, Mr. Mele Kyari has said, the company is deploying enormous resources to provide energy security to the country by investing in the gas sector. Kyari, while speaking, when he received the Energy Times’ GCEO of the Year Award in […]
The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The Group Chief Executive Officer of NNPC Ltd, Mr Mele Kyari, led the company’s team to the discussions held in Seoul, South Korea. This is […]
The Nigerian National Petroleum Company Limited (NNPC) says it is seeking private companies for the operation and maintenance of its Port Harcourt refinery in Rivers State. The NNPC disclosed this on Monday in a post on X. The Nigerian government, in 2023, resumed rehabilitation of three of its four refineries – Warri, Kaduna and Port […]
The Nigerian National Petroleum Company (NNPC) Ltd. has assured the Nigerian public that there is no imminent plan to increase the cost of Premium Motor Spirit (PMS), commonly known as petrol. In a statement released Wednesday night and signed by Chief Corporate Communications Officer Olufemi O. Soneye, NNPC urged Nigerians to disregard unfounded rumours and […]
…For violating lease agreement with Finima community …Orders NLNG to stop operations in Finima BY ANDREW OROLUA In a landmark judgment, Federal High Court sitting in Abuja has ordered the Nigerian National Petroleum Corporation Limited (NNPCL), Nigeria Liquefied Natural Gas (NLNG) Limited and two others to pay N100billion damages to oil host, Finima community of […]
By Tom Okpe Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, Mele Kyari has revealed that the NNPC Retails made a profit of N18.4 billion in the first quarter of 2023. Kyari made this revelation on Friday at the House of Representatives, saying the company has over 900 fuel stations spread across […]
By Tom Okpe The House of Representatives Ad’hoc Committee, investigating crude oil theft has insisted on appearance, physically, of Group Chief Executive Officers of the Nigeria National Petroleum Ltd, (NNPC); Nigeria Maritime Administration and Safety Agency, (NIMASA) and the Nigeria Inland Waterways Authority, (NIWA). Chairman of the Committee, Rep Alhassan Rurum gave the instruction on […]
…demands audit of crude oil delivered to Warri, Kaduna refineries By Tunde Opalana Senate on Wednesday indicted Nigerian National Petroleum Coporation (NNPC) over poor record keeping for lifting of crude oil worth about $376, 655,589 (N102.6 billion) to Warri Refinery and Petrochemical Company (WRPC) and Kaduna Refinery and Petrochemical Company without necessary details or breakdown […]
By Benjamin Omoike Two former top officials of the Nigerian National Petroleum Corporation (NNPC), Victor Briggs and Abiye Membere, have been sentenced to two years imprisonment by the Federal High Court sitting in Abuja. Justice Nnamdi Digmba handed them the sentence on Wednesday, February 8, 2023, after he found them guilty of “unethically collecting car […]
By Benjamin Anyaegbunam 7th January marked One year anniversary of the Inauguration of the Nigerian National Petroleum Company (NNPC) Limited by President Muhammadu Buhari with Senator Margery Chuba-Okadigbo as the Chairman of the newly inaugurated Energy Company. Senator Margery Chuba-Okadigbo leads the Most capitalised Energy Company in the sub-Sahara Africa, Like Shakespeare rightly stated: “Some […]
By Godwin Anyebe The Nigerian National Petroleum Company NNPC Limited has signed five memoranda of understanding with the national oil companies and relevant entities of five African countries on the Nigeria-Morocco Gas Pipeline Project. The five national oil companies and relevant entities were from Gambia, Ghana, Guinea, Guinea Bissau and Sierra Leone. The signing ceremony, […]
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mallam Melee Kyari has disclosed that Nigeria has market opportunities for Liquefied Petroleum Gas (LPG) of 10 million tons by 2027. He spoke in Lagos during the International Conference and Exhibition to commemorate the 15th anniversary of Domestic LPG supply organised by […]
The Nigerian National Petroleum Company Limited (NNPC Ltd) has offered to submit itself for forensic audit of fuel supply and subsidy management, insisting that daily fuel supply is 68 million litres. The NNPC made this known on Sunday in a statement signed by Malam Garba Muhammad, Group General Manager, Group Public Affairs Division, NNPC. Muhammad […]
By Godwin Anyebe The Comptroller-General of Nigeria Customs Service, Col. Hameed Ali (rtd), has stated that the Nigerian National Petroleum Company Limited NNPC, (formerly Nigerian National Petroleum Corporation) cannot justify the volume of Premium Motor Spirit (petrol) being consumed in the country daily to warrant the over N6.34tn subsidy payment on the commodity annually. ln […]