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. […]
According to the NNPCL’s report, which was made public on Tuesday, a filling station in Akwa Ibom State was shut down for supplying unlawfully refined petroleum to drivers. According to the report, in Rivers and other states in the oil-rich Niger Delta, 65 unauthorized pipeline connections were found and shut down in the previous week. […]
…queries $17.5bn cost of crude oil production By Tom Okpe The House of Representatives has queried the Group Managing Director of the Nigerian National Petroleum Corporation Limited, (NNPCL) Mele Kyari over non-remittance of outstanding sum of $278,184,937.72 from the transfer of OML 24 to NNPCL/NEPC in 2019. It also, summoned the NNPCL over yearly incurred […]
By Tom Okpe Speaker of the House of Representatives Rep Abbas Tajudeen has felicitated the Group Chief Executive Officer, (GCEO) of the Nigerian National Petroleum Company Limited, (NNPCL), Malam Mele Kyari, on his birthday today. The Speaker equally, congratulated the Executive Chairman of the Federal Inland Revenue Service, (FIRS), Dr Zacch Adedeji, who is also, […]
The Minister of Finance and the Coordinating Minister for the Economy, Wale Edun, has hinted that the Nigerian National Petroleum Company Limited (NNPCL) accounts will be audited. Naija News reports that Edun made this known on Wednesday at the release of the latest World Bank Nigeria Development Update in Abuja. Edun stated that nothing was […]
A Civil Society Organization, Stand Up Nigeria has described as baseless the call by some House of Representatives members for the sack of Mele Kyari, the NNPCL GCEO. Addressing journalists during a rally at the National Assembly in support of Kyari, Convener of the group, Sunday Attah said those behind such call as blackmailers and […]
The Group Chief Executive Officer(GCEO) of the Nigerian National Petroleum Company Limited, (NNPCL), Mele Kyari said, the company is 80 per cent ready for an Initial Public Offer(IPO). Kyari, while addressing Adipec audience, said the company transitioned to a fully commercial model in 2021 and that the NNPCL must perform better than its peers in […]
…say loan illegal, want Tinubu to order NNPCL forensic audit The African Centre for Justice and Human Rights (ACJHR) and Justice Advocate Center (JAC) have commenced moves to put a stop to the $3 billion emergency loan recently secured on papers by the Nigeria National Petroleum Company Ltd (NNPCL) from the African Export-Import Bank (Afrexim) […]
…NLC rejects hike, talks tough BY ANDREW OROLUA & UKPONO UKPONG Fear of uncertainty gripped many Nigerians on Wednesday as the Nigerian National Petroleum Company Limited (NNPCL) confirmed a new PMS pump price of N537 per litre of fuel in Abuja. The increase which is over 200 percent cost of a product that has adverse […]
The Nigerian National Petroleum Company Limited (NNPCL) says it has so far spent over 1.1 billion dollars on the ongoing construction of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline and Station project from its cash-flow. The NNPC Limited GCEO, Malam Mele Kyari said this on Monday while touring some of its project sites in Kogi, with newsmen […]
By Tom Okpe Mele Kyari, Chief Executive Officer of the Nigerian National Petroleum Company Limited, (NNPCL) says the institution doesn’t have any secret account both within and outside the country reiterating its readiness to provide full information to the House of Representatives ad-hoc committee investigating structure and accountability of Joint Venture, (JV) businesses and Production […]
By Godwin Anyebe The Group Managing Director of the Nigerian National Petroleum Corporation Limited (NNPCL), Mr Mele Kyari, has said that N3.4 trillion could only subsidise 66.7 million litres of fuel. Kyari disclosed this when he appeared at the resumed hearing of the ad hoc committee of the House of Representatives investigating the subsidy regime […]
By Haruna Salami The Nigerian National Petroleum Corporation Limited (NNPCL) is on a collision course with the Senate for failing to honour parliamentary invitation for two consecutive days. The invitation was for interactive session with revenue generating agencies as prelude to 2023 budget. The 3-day interactive session on 2023-2025 Medium Term Expenditure Framework (MTEF) and […]
By Ukpono Ukpong The Nigerian National Petroleum Company Limited (NNPCL), has said that at least 470,000 bpd amounting to $700 million is been lost monthly due to oil theft in the country. NNPCL Group General Manager, National Petroleum Investment Management Services (NAPMS), Bala Wunti, disclosed that the activities of the criminals have caused oil production […]