By Tom Okpe Managing Director and Chief Executive Officer, of the Nigeria National Petroleum Company Limited, NNPCL, Mele Kyari has revealed the the company remmited N10trn to the Federation Account as at September, 2024. This, he said, was alongside N3.5 trillion in dividends after taxes and revenue for the 2024 fiscal year. Kyari stated these, […]
The National Anti-Corruption Crusader (NACC) has called on the Nigerian National Petroleum Company Limited (NNPCL) to provide transparency regarding its claim of exporting the first cargo of Port Harcourt low-sulphur straight-run fuel oil (LSSR) to Gulf Transport & Trading Limited (GTT), a Dubai-based company. In a statement issued in Abuja on Saturday, the NACC Coordinator, […]
..calls on Tinubu to sack Kyari immediately, as refinery stops production For coming out to disparage a leader from the host community of the Port Harcourt refinery, a group, known as Network of Oil Producing Communities in Nigeria (NOPCN), has come hard on the foremost regulatory agency, Nigeria National Petroleum Corporation Limited (NNPCL). This was, […]
A civil society group, Concerned Citizens of Nigeria, has challenged the Nigerian National Petroleum Company Limited (NNPCL) over its claims that the Port Harcourt Refinery has commenced operations. At a press conference on Wednesday in Abuja, the group alleged that the refinery has been converted into a blending plant and that NNPCL is planning to […]
***calls on CBN to investigate payment claims The Coalition for Economic Liberation and Transformation (CELT) has raised alarm over alleged N3 Trillion fuel importation fraud traced to the Nigerian National Petroleum Company Limited’s (NNPCL) and some of its business partners in the last 42 days. This revelation came to light during a press conference held […]
The Nigerian National Petroleum Company Limited (NNPCL) has no justification for continuing to import fuel into Nigeria despite Dangote Refinery’s capacity to meet local demand, the APC Prosperity Group has stated. According to a statement signed by Usman Abubakar, this continued importation perpetuates Nigeria’s reliance on foreign fuel, exacerbating foreign exchange pressures and undermining the […]
***Warns Against Use of Refinery for Importation, Blending of Adulterated Fuel The All Progressives Congress (APC) Youth Solidarity Network has condemned the Nigerian National Petroleum Company Limited (NNPCL) for its failure to deliver on the Port Harcourt Refinery project despite a $2 billion investment. The group warned Mele Kyari over the potential use of the Port […]
BY HARUNA SALAMI The Nigerian National Petroleum Company Limited ( NNPCL ) , declared on Saturday in Abuja that production of 3million barrels of crude oil per day is achievable from the 1.7million it is, presently . Making the declaration at Stakeholders Engagement Session NNPCL had with journalists covering the National Assembly, the Chief Corporate […]
The House of Representatives has urged the Federal Government to direct the Nigerian National Petroleum Corporation Ltd. (NNPCL) to allow independent marketers to lift fuel from Dangote Refinery. The resolution followed the adoption of a motion of urgent public importance by Rep. Oboku Oforji (PDP /Bayelsa), during plenary on Thursday. Oforji noted that though the […]
The Federal Government has washed its hands off the petrol pump pricing face-off between the Nigeria National Petroleum Company Limited (NNPCL) and private refinery, Dangote Refinery, saying that both parties are at liberty to determine their own market prices for consumers. The Federal Government’s position was made known on Wednesday by President Bola Tinubu’s special […]
Contrary to its assurances, the Nigerian National Petroleum Corporation Limited (NNPCL) and independent marketers have continued to import substandard and off-specification Premium Motor Spirit (PMS), also known as petrol, into Nigeria. Investigation revealed that the ‘dirty petrol’ could account for as much as a quarter of the estimated 50 million litres of daily consumption when […]
***Says Regime of Corruption by NNPCL Targeting Local Refineries The Coalition of Energy Reforms Lawyers and Activists (CERLA) has accused the Nigerian National Petroleum Company Limited (NNPCL) of attempting to undermine Dangote Refinery’s efforts to address Nigeria’s energy crisis. At a press conference, the coalition’s spokesperson, Okwa Dan, alleged that NNPCL spread falsehoods about Dangote […]
.We bought petrol from Dangote Refinery at N898 per litre-NNPCL .NNPCL’s claim misleading, mischievous, says Dangote .FG hails lifting of petrol from Dangote refinery, says it’s a step towards industrialisation, local refining The Nigerian National Petroleum Company Limited (NNPCL) and the Dangote Group, owners of the Dangote Petroleum Refinery, on Sunday, exchanged words over the […]
.Says increase compounding challenges Nigerians facing BY STEPHEN GBADAMOSI Pan-Yoruba socio-cultural and socio-political organisation, Afenifere, has called on the Federal Government to stick to the claim by the Minister of State for Petroleum, Mr. Heineken Lokpobiri, that President Bola Tinubu administration did not instruct the Nigerian National Petroleum Corporation Limited (NNPCL) to increase the fuel […]
The strategies adopted by Nigeria’s wealthiest and most profitable company, the Nigerian National Petroleum Company Ltd (NNPCL) to ramp up crude oil production has again proven to be effective after a surprise 3.19 per cent growth in Nigeria’s Gross Domestic Product (GDP) which defied expert projections. The GDP figures released by the National Bureau of […]
Camillus Eboh is one of the most experienced Nigerian journalists still practicing after over two decades since he began at The Guardian newspaper of Nigeria which is the indisputable flagship of newspapering in Nigeria. This gentleman now works for a foreign news agency known as Reuters. Last May, Camilus Eboh did a report on the […]
A group of concerned Nigerian citizens has petitioned the US government to investigate and sanction the Nigerian National Petroleum Company Limited (NNPCL) and its CEO, Mele Kyari, for allegedly violating sanctions on Russian crude oil. In a letter to the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), the group claims that […]
…We got 60% of our crude supply from NNPC – Dangote Refinery By Tunde Opalana, Haruna Salami Nigerian National Petroleum Company Limited (NNPCL), and other regulatory agencies have absolved themselves from shady deals in Nigeria’s oil industry capable of sabotaging the nation’s economy. Also the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the […]
The House of Representatives has dissolved the ad-hoc Joint Committee on Downstream and Midstream Committee probing activities of the Nigeria National Petroleum Company Ltd.(NNPCL), and the Nigeria Midstream and Downstream Petroleum Regulatory Authority(NMDPRA). Rep. Akin Rotimi, spokesperson of the House of Representatives, stated this in a statement on Monday in Abuja. He said that the […]
The Nigerian National Petroleum Company Limited said it is set to hire more workers. A statement published on the company’s website on Friday, said the recruitment would be for various positions across various departments within the energy company. “NNPC Ltd is pleased to announce that we are currently hiring for multiple positions across various departments. […]