By Seun Ibiyemi The federal government, through the Nigerian National Petroleum Company Limited (NNPC), has fulfilled its cash call obligations amounting to $2.44 billion to multinational oil companies that are joint-venture partners with the state-owned oil company. In Nigeria, cash…
By Olufemi Soneye In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become fashionable to blame the national oil company, the Nigerian National Petroleum Company Ltd (NNPC Ltd),…
The Socio-Economic Rights and Accountability Project has urged President Bola Tinubu to instruct the Nigerian National Petroleum Company Limited to immediately reverse the recent increase in the pump price of Premium Motor Spirit, commonly known as petrol. In a letter…
The Nigerian National Petroleum Company Limited, NNPC Ltd, has denied claims that it is undermining the Dangote Refinery, insisting that the market is open for lower prices from any domestic refinery. This comes after the Muslim Rights Concern (MURIC) alleged…
As Nigerians anticipate the arrival of petrol from the $20 billion Dangote Petroleum Refinery, the Nigerian National Petroleum Company Limited (NNPC) has announced that it will begin lifting the product on September 15. However, NNPC has indicated that the price…
The Nigeria National Petroleum Company Ltd (NNPCL) has stated that it will supply the Dangote refinery a total of 17.6 million barrels of crude oil between September and October this year. The Executive Vice President of the NNPC, Mr. Adedapo…
Dangote Group has refuted claims that the Nigerian National Petroleum Company Limited (NNPCL) is currently sourcing petrol from its refinery at a rate of N897 per litre. In a statement issued on Thursday, Anthony Chiejina, the Group’s Chief Branding and…
…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…
