…As NEITI decries Port Harcourt Refinery delay By Seun Ibiyemi Stakeholders have expressed concerns over the possible impacts of the hike in Premium Motor spirit (PMS) on the Nigerian economy, potentially reversing the recent ease in inflation. This is even…
No fewer than 6575 people benefitted from an eyecare outreach held in Bariga Local Council Development Area (LCDA) of Lagos State, August 26—30, as part of the Vision First Plus programme of the Nigerian National Petroleum Company Limited (NNPC) and…
The Federal Government has refuted claims that the Ministry of Petroleum Resources instructed the Nigerian National Petroleum Company Limited (NNPCL) to increase fuel prices by N1,000 above the approved pump rate. The report in question alleged that the Minister of…
Despite denyin an allegation in August that it does not owe fuel suppliers $6.8bn, the NNPC Ltd has finally opened up on its debt obligations to fuel suppliers. In a statement on Sunday, the company failed to open up on…
The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to transfer the management of its Warri and Kaduna refineries to private entities. This was revealed in a recent advertisement posted on X by NNPCL’s official account. The notice indicates…
By Temitope Ajayi By his advanced age and eminent status as a former Vice President of Nigeria, Alhaji Atiku Abubakar is by no means qualified to be an elder statesman. Statesmen are highly venerated and revered people to whom we…
By Temitope Ajayi By his advanced age and eminent status as a former Vice President of Nigeria, Alhaji Atiku Abubakar is by means qualified to be an elder statesman. Statesmen are highly venerated and revered people to whom we go…
NNPC Retail, the downstream division of the Nigerian National Petroleum Company Limited, has been dissolved following a court-approved transfer of its ownership and assets to OVH Energy Marketing Limited. The ruling effectively terminates NNPC Retail, Nigeria’s leading petrol importer, and…
…Declares N2.1trn dividend …Targets 2mbpd Crude Oil Production by Dec 2024 …Appeals for calm amid fuel scarcity The Nigerian National Petroleum Company Limited (NNPC Ltd.) has declared a net profit of N3.3 trillion at the close of the financial year…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has asserted that it is the largest contributor to the Federal Government’s tax revenue, amid recent criticisms and allegations of financial mismanagement. The national oil company has come under fire recently for…
