Tag: NNPC
Aliko Dangote offers to sell his oil refinery to NNPC
Businessman Aliko Dangote said he is willing to give up ownership of his multi-billion-dollar oil refinery to the state-owned energy company NNPC Limi [...]
FG now spends N17bn daily to fund petrol subsidy
There are indications that the Federal Government through the Nigerian National Petroleum Company Limited, NNPC is now spending N17.72 billion daily t [...]
Buhari appoints Chuba Okadigbo’s widow board chair NNPC, drops Okadigbo
President Muhammadu Buhari has appointed members of the board and management of the Nigerian National Petroleum Company Limited.
This was conta [...]
Buhari appoints Ararume board chair, Chuba Okadigbo’
President Muhammadu Buhari has directed the incorporation of Nigerian National Petroleum Company (NNPC) Limited and appointed the board and manage [...]
Buhari directs incorporation of NNPC Limited, appoints board members
President Muhammadu Buhari has directed the incorporation of Nigerian National Petroleum Company (NNPC) Limited and appointed the board and management [...]
Ex-petroleum minister, Kachikwu slams online newspaper with N3bn, denies N9.7bn deposit in account
A former minister of state for petroleum resources, Ibe Kachikwu, has denied receiving the sum of N9.7billion in his bank account as claimed by an [...]
Senate passes harmonized PIB bill with 3% allocation to oil communities despite protests
The Nigerian Senate has passed the harmonized Petroleum Industry Bill PIB produced by a conference committee of both chambers of the National Assembly [...]
Petrol may sell for N234 per litre – NNPC GMD
Mele Kyari, the group managing director of NNPC, says the company cannot continue to bear the burden of subsidy.
The Petroleum Products Pricing Reg [...]
NNPC spends N49.69bn repairing pipelines in 10 months
The Nigerian National Petroleum Corporation (NNPC) has said that it spent N49.69 billion on repairing pipelines between January and October 2020.
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Shell sells stake in Nigerian oil block for $533m
Oil giant, Shell Petroleum Development Company of Nigeria Limited said it has completed the sale of its 30 per cent interest in Oil Mining Lease 17 in [...]