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September 26, 2023
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Petrol scarcity won’t frustrate elections, NNPCL tells Tinubu

Petrol scarcity won’t frustrate elections, NNPCL tells Tinubu

The Nigerian National Petroleum Company Limited (NNPCL) has said that the scarcity of Premium Motor Spirit (PMS), otherwise called petrol or fuel, is not intended to affect or frustrate the forthcoming general election. Group Chief…

NNPCL does not operate secret accounts, says Kyari

NNPCL does not operate secret accounts, says Kyari

The Chief Executive Officer, CEO, of the Nigeria National Petroleum Company Limited (NNPCL), Engr. Mele Kyari has declared that the company has no secret account anywhere in the world. Kyari disclosed this when heappearedbeforetheHouse of…

Kyari: Nigeria-Morocco gas pipeline project’ll create wealth

Kyari: Nigeria-Morocco gas pipeline project’ll create wealth

The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd (NNPCL), Mele Kyari, has said that the Nigeria-Morocco Gas Pipeline Project will create wealth, and improve the standard of living of countries within…

3.4% growth: How non-oil sector can drive economy, by Analysts

3.4% growth: How non-oil sector can drive economy, by Analysts

At a time when Nigeria’s earnings from its major revenue source, oil, is dipping as a result of instability in the world market occasioned by oscillating prices, there is a consensus of opinion that the…

Alleged drug trafficking: Police Commission suspends ACP, ASP in NDLEA’s net

Alleged drug trafficking: Police Commission suspends ACP, ASP in NDLEA’s net

…reaffirms Abba Kyari’s fate Following their indictment in the ongoing drug trafficking case by the National Drug Law Enforcement Agency (NDLEA), the Police Service Commission (PSC), yesterday, suspended Assistant Commissioner of Police, ACP Sunday Ubua,…

NNPC consolidates on gains, publishes 2020 Audited Financial Statements

NNPC consolidates on gains, publishes 2020 Audited Financial Statements

Following up on President Muhammadu Buhari’s recent announcement of the declaration of N287 billion profit in year 2020 by the Nigerian National Petroleum Corporation (NNPC), the Corporation has consolidated on the remarkable achievement, by publishing…

Hushpuppi: SIP on Kyari submits report to IGP

Hushpuppi: SIP on Kyari submits report to IGP

The Special Investigation Panel (SIP) set up to investigate the allegations of compromise levelled against suspended Deputy Commissioner of Police, Abba Kyari, by an Instagram celebrity, Abbas Rahmon aka Hushpuppi, has submitted its report to…

How NNPC secured Afreximbank’s $1bn fund for Port Harcourt Refinery repair – Kyari

How NNPC secured Afreximbank’s $1bn fund for Port Harcourt Refinery repair – Kyari

The Nigerian National Petroleum Corporation (NNPC) yesterday declared that it secured financing agreement for the rehabilitation of the Port Harcourt Refinery by the African Export Import Bank (Afreximbank) as a fruit it reaped from its…

Fuel price hike inevitable, says Kyari

Fuel price hike inevitable, says Kyari

… as subsidy hits N120bn monthly Landing cost now N234 per litre Nigerian National Petroleum Corporation (NNPC) has declared that it loses over N120 billion to fuel subsidy monthly, maintaining that an increase in pump…

Kyari: NNPC loses 200,000 barrels of crude oil daily

Kyari: NNPC loses 200,000 barrels of crude oil daily

CDS pledges oil, gas assets’ protection Nigeria is losing about 200,000 barrels of crude oil daily to theft and vandalism, the Nigerian National Petroleum Corporation (NNPC) has said. Using the $66.92 per barrel price of…