The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mele Kyari, has said its posting of N287bn profit after tax in the 2020 financial year was due to effective cost management. Kyari stated this at a press conference in Abuja…
The Nigeria’s Nigerian National Petroleum Corporation, NNPC, has assured a steady supply of 300,000 barrels a day, b/d of crude to the 650,000 b/d Dangote oil refinery, which is still under construction. The plan is to bolster domestic fuel supply…
By Uthman Salami The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has charged President Muhammadu Buhari to declare state of emergency in Kaduna and Plateau to stem the spate of unrest plaguing the This is made known…
The Nigerian National Petroleum Corporation (NNPC) is considering an Initial Public Offering (IPO) after declaring a profit, the first in its 44-years of operation. “A listing would draw on the experience of Saudi Aramco, the Saudi Arabian oil giant that…
…As Kyari assures gas supply will revamp industries Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian National Petroleum Corporation (NNPC) and the Kaduna State Government have signed a Memorandum of Understanding (MoU) for utilisation and expansion of gas supply…
The House of Representatives Committee on Finance has vowed not to be cowed in its quest to ascertain the actual volume of premium motor spirit (PMS) and other petroleum products in the country. The Chairman of the Committee, James Faleke…
… Restates commitment to sustainable, responsible mining The Government of the State of Osun has restated its commitment to sustainable and responsible mining in the state. It said it was taking giant steps in ensuring sustainable mining in an orderly…
The Nigerian Electricity Management Services Agency (NEMSA) says it will soon increase the number of meter testing centres in the country from four to six. NEMSA Managing Director/Chief Executive Officer, Peter Ewesor, an Engineer, said this on Tuesday in an…
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), has said the increment in the price of Liquefied Petroleum Gas (LPG), also known as cooking gas is worrisome. NALPGAM’s President, Mr Nosa Ogieva-Okunbor, made this known while speaking at the…
BEDC Electricity Plc (BEDC) has said it inaugurated several projects to improve power availability to customers in its franchise despite the disruption caused by the COVID-19 pandemic. The company also said it has metered about 40,000 customers under the National…
