Tag: NNPC
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DPR to enable NNPC to deliver value to Nigeria – Auwalu
DPR to enable NNPC to deliver value to Nigeria – Auwalu
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How price differentials is fueling petrol smuggling – NNPC
The Nigerian National Petroleum Corporation (NNPC) has explained that concerted efforts by the Corporation and some Federal agencies to combat the menace of smuggling
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FG to make curious provision for fuel subsidy in 2022 – NNPC GMD
The Federal Government will make provision for subsidy in 2022, the Nigerian National Petroleum Corporation (NNPC) has said.
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Anxiety, confusion as NNPC pipeline leaks in Ikotun
There was dread in the Ikotun area of Lagos State on Friday following the leakage of a pipeline belonging to the Nigerian National Petroleum Corporation. Residents said they observed the leakage around 06 am on Friday. According to them, the situation led to confusion and fear in the area. It was learnt that residents of…
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NNPC makes history, announces N287bn profit for year 2020
For the first time in 44 years, the Nigerian National Petroleum has posted its first Profit After Tax of N287bn. This profitability posted by the Corporation was announced by President Muhammadu Buhari in a statement signed by Femi Adesina, Special Adviser to the President (Media and Publicity). The President was quoted in the statement to…
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NNPC GMD hints on when Nigeria will stop importing petrol
Nigeria will stop the importation of Premium Motor Spirit (PMS), popularly known as petrol, when the Petroleum Industry Act (PIA) comes into full effect, and when the Dangote Refinery kicks off operations. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, disclosed this on Wednesday in Abuja. He made the disclosure…
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NNPC hails appeal court’s judgment on OML 11
The Nigeria National Petroleum Corporation (NNPC) has hailed the recent Appeal Court judgment affirming its operatorship of the Oil Mining License 11 (OML 11), describing it as a huge victory for Nigeria. The Corporation gave the commendation, in a statement signed by its spokesperson, Garba Deen Muhammad, in Abuja, on Friday. He said the judgment…
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NNPC Commits to Supporting NLNG
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has reiterated the Corporation’s commitment to supporting the Nigeria Liquefied Natural Gas (NLNG) Limited towards achieving its goal of becoming a global LNG company of choice. Speaking as a Guest of Honour at the 2021 NLNG Health Safety and Environment (HSE)…
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NNPC shuffles staff, appoints Garba Muhammad spokesman
The Management of the Nigerian National Petroleum Corporation (NNPC) has announced the promotion and redeployment of some staff to fill key vacant positions in the corporation. The corporation made this known in a statement by its spokesperson, Dr Kennie Obateru, in Abuja on Monday. Obateru, who is retiring in September, said the appointments and redeployments…
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NNPC posts ₦43.57bn trading surplus in April
The Nigerian National Petroleum Corporation (NNPC) on Sunday declared a trading surplus of ₦43.57 billion in April 2021 representing a 23.64% increase over the ₦35.24bn surplus it recorded in the previous month of March 2021. Spokesman of NNPC, Dr Kennie Obateru said the figure came from the April 2021 edition of its Monthly Financial and…