NNPC
BREAKING: Again, Dangote Refinery Slashes Petrol Price To N835 Per Litre
The Dangote Petroleum Refinery has announced another reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol from N865 to N835 per litre. The price slash came after the recent decline in global crude oil prices, which have dropped to $64 per barrel from over $70 per barrel in recent weeks. […]
BREAKING: NNPCL slashed petrol price to N899 per litre – PETROAN
The Nigerian National Petroleum Company Limited has reduced its ex-depot price of Premium Motor Spirit, commonly referred to as petrol, from N1,020 to N899 per litre. This decision, coming days after the Dangote Refinery reduced its price to N899, was confirmed by the Petroleum Products Retail Outlets Owners Association of Nigeria in a statement released […]
“FIRS, NNPC failed to remit petroleum profit tax for years” – Senator Wadada
Nasarawa West Senator Aliyu Wadada has said the Public Accounts Committee, which he chairs, sent several invitations to the Federal Inland Revenue Service (FIRS) and Nigerian National Petroleum Company Limited (NNPCL) on the remittance of petroleum tax, but that the agencies refused to make satisfactory clarifications. Mr Wadada noted that the FIRS, in collaboration with […]
FG orders NNPCL, LPG producers to stop exports from November 1
Mr Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), has directed the Nigerian National Petroleum Company Ltd. (NNPC Ltd.) and Liquefied Petroleum Gas (LPG) producers to halt the export of LPG produced in the country, effective from November 1, 2024. This directive comes as part of measures to address the rising cost of LPG […]
Kano SSG, Commissioner suspended as fresh crisis hits NNPP
The New Nigeria Peoples Party (NNPP) in Kano has announced the suspension of the State Secretary to the State Government (SSG), Abdullahi Baffa Bichi, and the Commissioner of transportation, Muhammad Diggol. The State party Chairman, Hashim Sulaiman Dungurawa, confirmed this to our reporter late Monday. Earlier, an audio clip where he announced the suspension of […]
Naira-for-crude: Dangote refinery to get 400,000 barrels daily — Report
The Federal Government is set to supply up to 400,000 barrels of Nigerian crude oil daily to the Dangote refinery under a naira-for-crude agreement. According to a report by Bloomberg, this arrangement is expected to roll out over the next two months, with approximately 24 million barrels of Nigerian crude being delivered between October and […]
LG Poll: Ogun NNPP warns OGISIEC against underhand dealings
The New Nigeria People’s Party, Ogun State has said that it would not hesitate to take legal actions against the Ogun State Independent Electoral Commissions if it suspected any foul play in the electoral process of the forthcoming November 16 local government election. The Chairman of the party, Olufemi Aina, stated this during the party […]
NNPLC confirms date to commence sale of Dangote petrol
The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that the much-anticipated petrol from the Dangote Refinery will enter the market on September 15, 2024, ushering in a new era for the petroleum industry. This announcement was made in a press release signed by Chief Corporate Communications Officer Olufemi Soneye, stating that the price of […]
Port Harcourt Refinery: NNPCL announces September as fresh commencement date
The Nigerian National Petroleum Company Limited has announced September 2024 as a new date for the commercial commencement of Port Harcourt Refinery. The Chief Financial Officer of NNPCL, Umar Ajiya disclosed this on Monday while speaking with journalists in Abuja. According to him, the petroleum products will be ready for testing before it is usually […]
NNPCL declares N3.3trn profit for 2023
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has declared N3.3 trillion profit for the 2023 financial year. Chief Financial Officer of NNPC Ltd., Alhaji Umar Ajiya, who addressed newsmen on Monday on the development, said that this was the highest profit declared by the company since its inception. Meanwhile, NNPC Ltd. has declared N2.101 […]