Boma Achenimie
President Bola Tinubu has mandated the Vice President, Kashim Shettima to convene a high-level meeting aimed at addressing the challenges in the oil and gas industry, especially the prevailing issues of pricing and scarcity. Following…
Boma Achenimie
Famous Nigerian human rights lawyer, Femi Falana, has called for a swift investigation of the importation of the Premium Motor Spirit (PMS) also known as a fuel scam. The Senior Advocate of Nigeria (SAN) while…
Boma Achenimie
The Nigeria National Petroleum Company Limited (NNPCL), on Sunday, said the company is facing financial strain due to the supply of Premium Motor Spirit (PMS), popularly known as petrol. In a statement signed by its…
Boma Achenimie
President Bola Tinubu has approved the request by the Nigerian National Petroleum Company Limited (NNPCL) to use the 2023 dividends to fund the petrol subsidy. The 2023 dividends, which were originally intended to be paid…
Boma Achenimie
A fire incident reportedly occured at the Nigerian National Petroleum Company Limited (NNPCL Ltd) 18 operating limited in Akaso 4 Wellhead in Rivers State on Saturday evening. This was contained in a statement issued by…
Boma Achenimie
Federal government plans to save $7.32 billion annually Following President Bola Tinubu’s directive that the Nigerian National Petroleum Company Limited (NNPCL) sell crude oil to local refineries in Naira, the Federal Government is set to…
Boma Achenimie
The Nigerian National Petroleum Company Limited(NNPCL) on Sunday disclosed that its decision to limit its equity participation in the Dangote Petroleum Refinery was made months ago. In a statement issued by its spokesperson, Femi Soneye,…
Boma Achenimie
The Nigerian National Petroleum Corporation Limited (NNPC Ltd) on Sunday announced it no longer owns a 20% stake in Dangote Refinery. This announcement was made at a press conference held by the Chief Executive Officer…
Boma Achenimie
The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday said the rehabilitation of the Kaduna Refining and Petrochemicals Company (KRPC) will be completed by the end of 2024. The Managing Director of KRPC, Mustafa Sugungun,…
Boma Achenimie
President Bola Tinubu has ordered the Central Bank of Nigeria (CBN) to take over the responsibility for crude oil sales from the Nigerian National Petroleum Company Limited (NNPCL). The new development was confirmed by a…
