nnpc news

The Nigerian National Petroleum corporation (NNPC) yesterday said that the current pump price of N145 of Premium Motor Spirit or Petrol was unrealistic. It said that no marketer would want to import fuel and sell at that cost... Read more via Newtelegraph – https://ift.tt/2P1xJLX Get...

The Federal Ministry of Finance has denied knowledge of a $3.5 billion fund allegedly kept and utilised by the Nigeria National Petroleum Corporation (NNPC) for fuel subsidy..... Read more via Premium Times Nigeria – https://ift.tt/2CVMvN2 Get More Nigeria Metro News

The House of Representative Committee on Petroleum Downstream chaired Joseph Akinlaja on Wednesday commenced investigation into petitions on shady oil exploration contract worth N91 trillion. The House had on the 6th June, 2018 mandated the Committee to investigate the activities of NNPC as...

NNPC Speaks On Funding Buhari’s Re-election Campaigns The Nigerian National … Read more via 360Nobs News – https://ift.tt/2PmyjDr Get More Nigeria Political News

It was reported that Buhari’S campaign foreman Festus Keyamo SAN collected a whooping amount from NNPC but this press release denies it….. Read more via Stella Dimoko Korkus – https://ift.tt/2SgCj6V Get More Nigeria Political News

The Ministry of Petroleum Resources, the Department of Petroleum Resources (DPR), and the Nigerian National Petroleum Corporation (NNPC), are yet to take a position after a United States court gave a $6.59 … Read more via The Guardian Nigeria Newspaper – Nigeria and World News –...

Nigeria, known for acute shortage of fuel during Yuletide, is on the cliff of another unpleasant incident, as major issues that usually plunge the country into nationwide fuel scarcity are gathering momentum.... Read more via Newtelegraph – https://ift.tt/2OEBGWC Get More Nigeria Metro News

The management of National Oracle Magazine said it has withdrawn suits filled against a foremost indigenous crude oil exploration company, the Aiteo group, compelling some..... Read more via Vanguard Newspaper – https://ift.tt/2NRt3CX Get more: Nigeria Business News

The Federal Government, yesterday, proposed N8.6 trillion budget for 2019 fiscal year as against the earlier figure of N9.1 trillion, while envisaging a total revenue of N7.9 trillion..... Read more via TODAY.NG – https://ift.tt/2Pgiy0R Get More Nigeria Political News

There are indications that the Nigeria National Petroleum Corporation, NNPC, may have extended its crude for oil products contracts worth about $6 billion by another six months, from the end of 2018 to June 2019. Group Managing Director of the NNPC, Dr Maikanti … Read more via Vanguard...

The Senate also resolved yesterday to probe alleged mismanagement of $3.8Billion Subsidy Recovery Fund, SRF, by the Nigeria National Petroleum Corporation, NNPC...... Read more via Thisdaylive Newspaper – https://ift.tt/2RVTRoz Get More Nigeria Political News

The Senate on Tuesday resolved to set up an ad hoc committee to investigate $3.5 billion Subsidy Recovery Fund, allegedly created by “the Nigerian National Petroleum Corporation (NNPC) and solely managed by its Group Managing Director and the Executive Director, Finance.’’ … Read more via The...

The Director of Media of the Muhammadu Buhari Campaign Organisation, Festus Keyamo, on Monday said the Nigerian government is paying for ‘premium’ on petroleum products and not subsidy..... Read more via TODAY.NG – https://ift.tt/2AbJNRx Get More Nigeria Political News

Dr Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporate (NNPC) and Minister of State for Petroleum Resources, Dr Ibe Kachikwu said the huge gas deposit in the country was a veritable tool for economic diversification. They both made the assertion on Monday at the...

The federal government yesterday insisted that Nigeria was not in any way near a debt crisis. Also, as part of efforts to enthrone transparency in the.... Read more via Thisdaylive Newspaper – https://ift.tt/2QLLjzk Get more: Nigeria Business News

The people of Udu kingdom in Udu Local Government Area of Delta State has given a 14-day ultimatum to Nigerian Petroleum Development Company (NPDC) to construct a flow station...... Read more via Thisdaylive Newspaper – https://ift.tt/2EqYCUO Get More Nigeria Metro News

The Nigerian National Petroleum Corporation (NNPC), yesterday said the pipeline fire outbreak along the Osisioma axis near Aba Depot in its System 2E pipeline network, might have been caused by suspected oil thieves, who had hacked into the line to intercept flow of petrol from Port Harcourt to...

The Abia State Command of the Nigerian Security and Civil Defence Corps (NSCDC) has confirmed the death of 19 persons, following Friday’s pipeline explosion in two villages in Osisioma Local Government Area of the state. The state Commander of the organisation, Benito Eze, confirmed the number...

A 500-metre long drainage funded by Chevron Nigeria Limited under its joint venture arrangement with Nigerian National Petroleum Corporation, NNPC, for Edjeba community, Warri South Local Government Area of Delta State, has been commissioned...... Read more via Vanguard Newspaper –...

The Nigerian National Petroleum Corporation (NNPC) says it made a trade surplus of N18.12 billion in the month of May, higher than N17.16 billion in April 2018..... Read more via PM NEWS Nigeria – https://ift.tt/2R9aHQJ Get more: Nigeria Business News