NNPC CEO, Mele Kyari Challenges Aliko Dangote To Name Government Workers Behind Fuel Plant In Malta
Mele Kyari, the group chief executive officer (GCEO) of the Nigeria National Petroleum Company (NNPC) Limited, has challenged billionaire businessman, Aliko Dangote, to reveal the identities of NNPC workers accused of establishing a blending plant in Malta. In a statement…
Queues surface in Abuja as depots hike price to N710/litre
Fresh queues for Premium Motor Spirit, popularly called petrol, surfaced in Abuja, parts of Niger and Nasarawa States on Friday, following the closure of many filling stations operated by independent marketers. Dealers closed their retail outlets due to their inability…
NNPC declares state of emergency on crude oil production
Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, has declared a state of emergency on crude oil production. Kyari spoke on Tuesday in a keynote address at the opening ceremony of the 23rd…
Petrol Price Can’t Drop As Low As ₦300/Litre- Major Marketers
A section of oil marketers have refuted claims by reports doing the rounds, that local refining of crude oil could force the pump price of petrol, to drop as low as ₦300 per litre. Oil marketers under the aegis of…
Oil Marketers Convene Meeting to Tackle Fuel Scarcity
Amidst the deepening fuel scarcity crisis nationwide, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced plans to hold an official meeting of its National Executive Council on Monday to address the pressing issue. In an exclusive interview on…
JUST IN: CBN, NNPC set limits for management of oil firm’s revenue
The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) have set limits for the management of the oil firm’s revenue. In a statement on Thursday, Olufemi Soneye, NNPC chief corporate communications officer, said the limit…
Tinubu’s administration owes Nigerians an explanation for the NNPC $3.3bn emergency loan – Atiku
The Presidential candidate of the People’s Democratic Party in the 2023 General Election, Alhaji Atiku Abubakar has said that administration of President Bola Tinubu owes Nigerians an explanation for the NNPC $3.3bn loan. Stating this on X handle otherwise known…
Tinubu Inaugurates NNPCL Board
President Bola Tinubu on Monday officially inaugurated the Board of Directors for the Nigerian National Petroleum Company Ltd. (NNPCL) at the presidential villa in Abuja. The board’s primary objective is to drive the nation’s oil production to a significant milestone…
Senate Gives NNPC, NUPRC Boss 24 Hours To Appear For Budget Defense
The Senate Committee on Public Accounts raised concern on Tuesday about the impunity with which the management of the Nigeria Ports Authority (NPA) has serially snubbed invitations to answer queries on the missing $1 billion reflected in the report of…