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NNPC, oil firms move to boost power supply – The Guardian

February 22, 2010 by Bunmi Awolusi · Comments Off 

To engender a hitch-free supply of gas for power generation purposes in the country and facilitate crude transportation to Warri and Kaduna refineries, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mohammed Barkindo, has written a formal letter to the Minister of Defence, Maj.-Gen. Godwin Abbey on the need to come up with a special security arrangement to secure the country’s pipelines.

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NNPC to supply 41 million litres of fuel daily – The Punch

February 19, 2010 by Bunmi Awolusi · Comments Off 

The Nigerian National Petroleum Corporation has promised to henceforth dispatch 1,255 trucks of 41.4 million litres of fuel daily to the various petrol stations in the country.

Group General Manager, Corporate Affairs, NNPC, Dr. Levi Ajuonuma, made the promise in a statement on Thursday in Abuja, the News Agency of Nigeria has reported.

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Oil firms boost post-amnesty programme with $188m – The Punch

February 17, 2010 by Bunmi Awolusi · Comments Off 

The Federal Government has struck a deal with international oil companies operating in the country, with the latter acceding to a request to dole out about $188m for the successful execution of the post-amnesty programme in the Niger Delta region.

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NNPC boosts fuel supply, pledges sufficiency – The Guardian

February 15, 2010 by Bunmi Awolusi · Comments Off 

Forging ahead in its resolve to end the current fuel scarcity in the country, the Nigerian National Petroleum Corporation (NNPC) has boosted supply of petroleum products for domestic consumption as 10 vessels discharged 288 million litres of petrol at the weekend.

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Minister tasks PHCN on gas agreement with NNPC – Daily Trust

February 15, 2010 by Bunmi Awolusi · Comments Off 

Minister of Power Lanre Babalola has directed the Power Holding Company of Nigeria (PHCN) to hasten its negotiation with the Nigerian National Petroleum Corporation (NNPC) to guarantee supply of gas to thermal power stations in the country.

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Govt moves to protect oil assets in Niger Delta – The Guardian

February 12, 2010 by Bunmi Awolusi · Comments Off 

The Federal Government has raised a 17-man sub-committee for the protection of oil and gas assets within the Niger Delta region, to consolidate the gains of its amnesty programme.

The development came as the Nigeria National Petroleum Corporation (NNPC) acquired tracking device to monitor oil vessels coming into Nigeria as a way of maintaining the current availability of petroleum products in the country.

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Why fuel scarcity may not abate – IPMAN – Tribune

January 29, 2010 by Bunmi Awolusi · Comments Off 

The zonal chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Western zone, Chief Olatunji Aderoju, on Thursday, raised the alarm on the lingering scarcity of petroleum products in the country, saying the situation may worsen, as Federal Government had reneged its promise to make the products available at affordable prices.

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EFCC investigates missing 90m litres of petrol – Daily Trust

January 15, 2010 by Bunmi Awolusi · Comments Off 

The Economic and Financial Crimes Commission is investigating the disappearance of 90million litres of petrol belonging to the Nigerian National Petroleum Corporation (NNPC) Minister of Petroleum Resources Dr.Rilwanu Lukman has said.

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Fuel scarcity cripples businesses nationwide – Vanguard

December 15, 2009 by Bunmi Awolusi · Comments Off 

Another round of fuel scarcity became apparent nationwide, Monday, 10 days to Christmas, leaving commuters stranded, businesses paralysed and Nigerians fleeced at the few filling stations where the product was available.

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Marketers, NNPC trade blames as fuel crisis worsens – Vanguard

November 17, 2009 by Bunmi Awolusi · Comments Off 

Long fuel queues have hit Lagos State and other major cities across the country, as the problem of logistics hinders efforts by the Pipeline Products and Marketing Company, PPMC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, to discharge products from its imported cargoes for distribution to marketers.

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