Browsing Tag

NNPC

EFCC Seized $9.7m Gifted to Me After My Tenure in Office – Former NNPC MD

Tony Abu Momoh Jul 8, 2020 0

A former Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu has said the Economic and Financial Crimes Commission (EFCC) seized $9.7 million gifted to him after he left the employment of the NNPC.…

Crime

NSCDC Arrests 2 Suspects For Vandalizing NNPC Pipeline In Enugu

Stanley Nwanosike Jul 8, 2020 0

The Nigeria Security and Civil Defence Corps (NSCDC) says it arrested two suspected petroleum pipeline vandals at Kilometre 197 in Nkanu West Local Government Area of Enugu State. SEE ALSO: Kyari pledges more transparency and…

Breaking

Reps summon NNPC, NLNG over illegal $1.05bn withdrawals

Oladipupo Ehindero Jul 7, 2020 0

The House of Representatives (Reps) has resolved to investigate the alleged illegal withdrawal of funds from the Nigerian Liquefied Natural Gas Limited amounting to $1.05bn by the Nigerian National Petroleum Corporation. The resolution…

Breaking

NNPC Makes New Appointments, Redeployment of Top Staff

Oladipupo Ehindero Jul 5, 2020 0

The Nigerian National Petroleum Corporation (NNPC) Sunday announced new appointments and re-deployments of top management level staff of the corporation. The national oil company noted that the move was part of ongoing efforts to…

Economy

Kyari pledges more transparency and accountability at NNPC

Oladipupo Ehindero Jun 28, 2020 0

The head of the Nigeria National Petroleum Corporation (NNPC), Miele Kyari promised “a new season of transparency and accountability”, pushing back against critics calling for the break-up of the state oil company as the country struggles…

Government

MOMAN Expresses Concern Over Loss of N154 Billion By Refineries

Solomon Asowata Jun 17, 2020 0

The Major Oil Marketers Association of Nigeria (MOMAN) has expressed concern over the N154 billion loss recorded by Nigeria’s three refineries in the 2018 audited accounts published by the Nigerian National Petroleum Corporation…

Government

NNPC Published Audited Financial Statement for Transparency – Senator

Edith Ike-Eboh Jun 16, 2020 0

Sen. Bassey Akpan, Chairman, Senate Committee on Petroleum Upstream, says the published Audited Financial Statement of the Nigerian National Petroleum Corporation (NNPC) is an indication of its readiness to ensure transparency in…

Business

FG Urged To Prioritise The Listing Of NNPC on Nigerian Stock Exchange

Chinyere Joel-Nwokeoma Jun 15, 2020 0

The federal government has been urged to prioritise the listing of the Nigerian National Petroleum Corporation (NNPC) on the Nigerian Stock Exchange (NSE) as part of its Economic Sustainability Plan. Uche Uwaleke, Professor of Capital…

Business

NNPC Publishes Audited Financial Statements

Busola Jun 15, 2020 0

The Nigerian National Petroleum Corporation has made audited financial statements public so as to promote transparency around its operations. The nation’s owned oil company, abbrieviated as NNPC, has been faced with backlash for years of…

News

COVID-19: NNPC Lays Foundation For 200-Bed Hospital In Borno

Hamza Suleiman Jun 7, 2020 0

The Nigerian National Petroleum Corporation (NNPC) on Saturday laid the foundation for construction of a 200-bed Emergency and Infectious Disease Hospital in Maiduguri. SEE ALSO: LUTH Reacts to Rape of 18yr old Salesgirl Brought by Her…

Health

NNPC Commences Construction of N21 bn Infectious Disease Hospital In Katsina

Abdullahi Shugaba Jun 6, 2020 0

The Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Saturday laid the foundation for the construction of a 200-bed Emergency and Infectious Disease Hospital in Kaita, Katsina…

Economy

Fake diesel now in circulation – NNPC warns

Edith Ike-Eboh Jun 6, 2020 0

The Nigerian National Petroleum Corporation (NNPC), has raised an alarm over prevalent low grade and contaminated AGO, otherwise called diesel, offered at discounted prices in parts of the Country. The warning is contained in a report by…

Environment

World Environment Day: NNPC Expresses Commitment To Biodiversity

Edith Ike-Eboh Jun 5, 2020 0

The Nigerian National Petroleum Corporation (NNPC) has expressed its determination to adhere to sustainable environmental practices in all its operations to safeguard biodiversity in the country. SEE ALSO: Farmers Free to Access Farms…

Government

NNPC to Deepen Business Portfolios In Power, Medical

Edith Ike-Eboh Jun 4, 2020 0

The Nigerian National Petroleum Corporation (NNPC) says it is firming up business portfolios in the power, medical, housing and other sectors that would strengthen the profitability of the state-owned oil company. The corporation said…

Government

Sylva Congratulates New NNPC Board Members

Edith Ike-Eboh May 31, 2020 0

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has congratulated the new members of the reconstituted Board of the Nigerian National Petroleum Corporation (NNPC). Alhaji Garba Deen Muhammad, his Special Adviser on…

Breaking

JUST IN: NNPC Loses Immediate-Past GMD Maikanti Baru

John Ogunsemore May 30, 2020 0

Few months after leaving office as Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru is dead. He died on Friday at the age of 60. His successor and current GMD, Mele Kyari confirmed the news…

Government

We Followed Federal Character Principle in Appointment of Northerners – NNPC

Tony Abu Momoh May 25, 2020 0

The Nigerian National Petroleum Corporation (NNPC) has defended its decision to appoint new officials in top management positions saying it adhered to the principles of federal character as well as transparency and accountability…

Government

NNPC Has 6,621 Staff Strength – Report

Edith Ike-Eboh May 25, 2020 0

The Nigerian National Petroleum Corporation (NNPC) says it currently has 6,621 staff strength both at its headquarters and across all its subsidiaries, division and offices nationwide. The corporation disclosed this in its report of…

Oil and Gas

NNPC Says Top Management Appointments On Merit

Edith Ike-Eboh May 25, 2020 0

The Nigerian National Petroleum Corporation (NNPC) says professional competence, adherence to the principle of transparency and accountability informed the recent top management appointment executed in the first week of March. SEE ALSO:…

News

COVID-19: CBN, NNPC Move To Save Evacuees In Lagos, Abuja

Femi Ogunshola May 18, 2020 0

The Central Bank of Nigeria (CBN) and the Nigeria National Petroleum Corporation (NNPC) on Monday agreed to fund the feeding and accommodation of evacuees in Lagos and Abuja. SEE ALSO: Nigerians Don't Want Evacuation From UK, US, Others…

Oil and Gas

We’re worried Nigeria has highest crude oil production cost globally – Petroleum…

John Ogunsemore May 18, 2020 0

The Minister of State for Petroleum Resources, Timipre Sylva, says the ministry is worried that Nigeria has one of the highest costs of crude oil production in the world. The Herald can report that producing a barrel of oil in the nation…

Government

IPMAN Confirms Purchase of PMS at N108 Per Litre Ex-Depot Price

Edith Ike-Eboh May 10, 2020 0

The President, Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Chinedu Okoronkwo says its members have started buying Premium Motor Spirit (PMS) also known as petrol at N108 ex-depot price as announced by NNPC.…

Government

NNPC Reduces Ex-Depot Price of Petrol

Edith ike-Eboh May 6, 2020 0

The Nigerian National Petroleum Corporation (NNPC) has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS) from N113.28k per litre to N108.00K per litre across all its products loading facilities. This was contained…

Oil and Gas

NNPC New Staff to Assume Virtual Duty May 4 – Obateru

Edith Ike-Eboh Apr 30, 2020 0

No fewer than 1,000 graduate trainees recently recruited by the Nigerian National Petroleum Corporation (NNPC) are to assume virtual duty Monday, May 4, the corporation says in a statement. The statement released in Abuja on Thursday was…

Government

NNPC Filling Station Inferno Claims 30 Vehicles – LASEMA

Aisha Cole Apr 28, 2020 0

The Director-General, Lagos State Emergency Management Agency (LASEMA), Dr Olufemi Oke-Osanyintolu, on Tuesday said the fire outbreak at Nigeria National Petroleum Corporation (NNPC) filling station, Ifako-Ijaiye, Lagos, has destroyed…

News

Chaos as fire guts NNPC filling station at Ogba.

Busola Apr 28, 2020 0

There was chaos at the Yahaya Abatan Road, in Ogba area of Lagos on Monday, as a retail filling station belonging to the Nigerian National Petroleum commission was razed in fire. According to eye witnesses at the scene, the fire…

Government

NNPC, Oil Firms Give Ambulances, Medical Consumables to South West States

Solomon Asowata Apr 23, 2020 0

The major players in the Nigerian oil and gas sector on Thursday handed over six ambulances and medical consumables to the South-West states. It was part of efforts to contain the COVID-19 pandemic in the country. The News Agency of…

Government

Nigeria Records Crude Oil, Gas Sale of $434m in January. – NNPC

Edith Ike-Eboh Apr 22, 2020 0

The Nigerian National Petroleum Corporation( NNPC) says the country recorded crude oil and gas export sale of 434.85million dollars in January. The corporation disclosed this in it’s Monthly Financial and Operations Report…

Politics

No justifiable reason to keep petrol pump price at N125 – PDP tackles FG, demands reduction to…

John Ogunsemore Apr 21, 2020 0

The Peoples Democratic Party (PDP) has called on the Federal Government to reduce the pump price of petrol, saying that the current N125 per litre was unjustifiable. The call came in a Tuesday statement signed by the party's National…

Economy

COVID-19- FG releases N200bn to Power Sector to Improve Supply -NNPC

Constance Imasuen Apr 15, 2020 0

Mr Mele Kyari, Group Managing Director of Nigerian National Petroleum Cooperation (NNPC) says the Federal Government has made payment of over N200 billion to the power sector towards improving electricity supply. SEE ALSO: Yobe Aluminum,…

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