Tag: baru
-
Buhari mourns Baru, says he contributed to stability of oil sector
President Muhammadu Buhari has sent his condolences to the family, friends and associates of the immediate past Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Dr Maikanti Baru. The President also commiserated with the Government of Bauchi State as well as the Management and staff of the NNPC over Baru’s death. In a…
-
BREAKING: Buhari sacks Baru, appoints Kyari as NNPC GMD
President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC). A release on Thursday morning in Abuja by the NNPC Group General Manager, Group Public Affairs, Mr. Ndu Ughamadu, stated that President Buhari also appointed alongside Kyari, seven new Chief Operating Officers. Until…
-
Nigeria daily oil production hits 2.3mbpd – Baru
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru says the country’s daily oil production is currently 2.32million barrel pre day. Baru disclosed this on Tuesday when a delegation of the Nigerian Union of Journalists (NUJ) led by its President Mr Chris Isiguzo visited his office in Abuja. “Since we came in…
-
NNPC boss, Baru cautions Nigeria not to buy fuel above N145
Maikanti Baru, the Group Managing Director, GMD, Nigerian National Petroleum Corporation, NNPC, has cautioned Nigerians against buying petrol above government-approved price of N145 from filling stations. Speaking on the sidelines of a function in Lagos on Thursday, Maikanti said there was no shortage of petroleum products, as such, people should buy at the right price.…
-
NNPC spends N774m daily on petrol subsidy – Baru
The Nigerian National Petroleum Corporation on Sunday announced that it currently spends N774m daily as subsidy on the 50 million litres of Premium Motor Spirit consumed across the country everyday. Although it described the amount as “under-recovery,” the oil firm stated that the huge fund was due to the proliferation of filling stations in communities…