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Nigeria Nigerians Outraged as NNPC Confirms Prolonged Fuel Scarcity Amid Unpaid Debts
The Nigerian National Petroleum Corporation (NNPC) faces backlash after admitting prolonged fuel scarcity due to unpaid debts to suppliers. Nigerians express frustration over the company’s financial mismanagement, questioning its profitability claims and speculating on potential fuel price...- Nigeria News
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- dangote refinery fuel scarcity nigeria nnpc unpaid debts
- Category: Business
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Nigeria NMDPRA Vows to Shut Down Petrol Stations Exploiting Nigerians
The NMDPRA has warned petrol stations against selling Premium Motor Spirit (PMS) at inflated prices nearing ₦1,000 per litre. This measure aims to protect Nigerians from price gouging, particularly in light of the significant price differences between NNPCL and independent marketers. The...- Nigeria News
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- nmdpra nnpc petrol prices premium motor spirit
- Category: Metro
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Nigeria NNPC Ltd Denies Atiku's Claims of Tinubu's OVH Acquisition Involvement
NNPC Ltd refutes allegations by former Vice President Atiku Abubakar that President Bola Tinubu is involved in the acquisition of NNPC Retail by OVH. The company emphasizes its commitment to commercial interests, asserting that Oando, linked to Wale Tinubu, had divested its stake before the...- Nigeria News
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- atiku abubakar bola tinubu nnpc oando ovh acquisition wale tinubu
- Category: Business
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Nigeria NNPC Repays $625 Million of Dangote Refinery Loan, Stake Plummets to 7.2%
NNPC has repaid 60% of the $1.03 billion loan for its stake in Dangote Petroleum Refinery, amounting to $625 million. The stake has been reduced from 20% to 7.2% due to unpaid balances. The company plans to redirect investments toward compressed natural gas (CNG). The Nigerian National...- Nigeria News
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- dangote petroleum refinery loan repayment nnpc
- Category: Business
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Nigeria Nigerians Unconvinced as NNPC Blames Fuel Scarcity on Weather Conditions
The Nigerian National Petroleum Corporation Ltd. (NNPCL) blamed the recent fuel scarcity across Nigeria on adverse weather conditions, including rain and thunderstorms, which disrupted fuel delivery. The Nigerian National Petroleum Corporation Ltd. (NNPCL) has attributed the ongoing fuel...- Nigeria News
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- fue scarcity nnpc
- Category: Metro
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Nigeria Fuel Scarcity Deepens: IPMAN Exposes NNPC's 3-Year Supply Lapse, Prices Surge
Fuel scarcity worsens in Nigeria as IPMAN reveals NNPC hasn't supplied petroleum products for three years. Marketers now depend on private depots, buying fuel at N750 to N850 per liter. This shortage has led to long queues in major cities, exacerbating the nation's ongoing energy crisis. The...- Nigeria News
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- fuel scarcity ipman nigeria fuel crisis nnpc
- Category: Business
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Nigeria NNPC Insists There's No Subsidy While Selling Petrol at Half the Landing Cost
The Nigerian National Petroleum Company (NNPC) claims to sell petrol at half its landing cost, labeling the price difference as a “shortfall” rather than a subsidy. Critics argue this practice effectively constitutes a subsidy, raising concerns over transparency and economic impacts amid rising...- Nigeria News
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- nnpc petrol subsidy petrol subsidy removal
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Nigeria Atiku Abubakar Challenges Tinubu to Clarify Petrol Subsidy Confusion
Atiku Abubakar urges President Tinubu to clarify the federal government's petrol subsidy policy and crude oil refining amid ongoing confusion. He criticizes the potential continuation of the subsidy despite previous claims of its removal, emphasizing the need for transparency to address...- Nigeria News
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- atiku abubakar crude oil refining nigeria fuel policy nnpc petrol subsidy president tinubu
- Category: Politics
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Nigeria Nigerians Furious Over NNPC's N7.8 Trillion Subsidy Debt Admission After Months of Denial
The Nigerian National Petroleum Company (NNPC) Limited confirmed that the federal government owes it N7.8 trillion in petrol subsidy debts, reversing its earlier denial of subsidy payments. The announcement has sparked outrage among Nigerians, who accuse the government of deception and demand...- Nigeria News
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- 7.8trillion debt nnpc petrol subsidy
- Category: Business
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Nigeria Fuel Crisis Deepens in Lagos: Long Queues, Soaring Prices
Lagos is experiencing severe fuel scarcity, leading to long queues and gridlock at filling stations. Prices have surged to N800-N1,000 per liter, with some stations out of stock. The Federal Government has warned hoarders, and LASTMA is managing traffic, while NNPC works to resolve the supply...- Nigeria News
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- black market fuel fuel prices gridlock lagos fuel scarcity lastma long queues nigeria fuel shortage nnpc
- Category: Metro
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Nigeria Tinubu Unveils 30 Locally Assembled CNG Buses
President Bola Tinubu has inaugurated 30 locally assembled compressed natural gas (CNG) buses in Abuja, donated by DAPPMAN and NNPC. Assembled by Innoson Motors, these buses symbolize Nigeria’s commitment to sustainable transportation and the government's broader initiative to promote CNG as an...- Nigeria News
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- abuja cng buses dappman innoson motors nnpc
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ExpiredJob Apply: Careers at NNPC Limited - Unlock a World of Opportunities Where Your Skills and Ambitions Can Make a Global Impact
APPLY HERE APPLY HERE NNPC Limited is now recruiting for Graduate Trainees! This is your chance to join a dynamic and innovative team where your skills and ambitions can make a global impact. At NNPC Limited, we believe in fostering talent and providing a platform for growth and development...- Kayode Israel
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ExpiredJob Apply: NNPC Graduate Trainee Recruitment 2024 - Power Your Future With NNPC Limited
APPLY HERE The Nigerian National Petroleum Company (NNPC) Limited is a major energy company in Nigeria. It operates in all areas of the energy industry. Originally a government-owned company, it became a limited liability company in July 2022. NNPC Limited is the only company allowed to...- Kayode Israel
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- Category: Jobs
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Nigeria Fuel Scarcity Hits Nigeria: Petrol Prices Skyrocket to N1,300/Litre
Fuel scarcity intensifies across Nigeria, with depots running dry and black marketers exploiting the situation. Motorists face long queues, with petrol prices skyrocketing to N1,300 per litre. The NNPC attributes the crisis to vessel discharge hitches and promises resolution, yet nationwide...- Nigeria News
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- black market fuel prices fuel scarcity nigeria petrol crisis nnpc petrol depots dry
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Nigeria Apply Now: NNPC Seeks Talented Graduates for Trainee Programme
NNPC announces its Graduate Trainee Programme, seeking HND graduates with a Master's degree in various disciplines. The merit-based selection process aims to recruit skilled professionals. Apply by August 20, 2024, via NNPC's official website for details on eligibility and procedures. In a...- Nigeria News
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- graduate trainee programme nnpc oil and gas recent graduates
- Category: Metro
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Nigeria NNPC Reveals Reason for Reducing Stake in Dangote Refinery from 20% to 7.2%
NNPC reduces its stake in Dangote Refinery from 20% to 7.2% due to strategic realignment. The decision, communicated months prior, aims to align with NNPC's objectives. The refinery, a key project in Nigeria’s energy sector, began production on January 12. Future impacts remain closely watched...- Nigeria News
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- aliko dangote dangote refinery equity participation femi soneye nigeria oil industry nnpc nnpc investment
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Nigeria NNPC Loses Majority Stake in Dangote Refinery Over Unpaid Balances
Dangote Refinery CEO reveals NNPC stake reduction from 20% to 7.2% due to missed payments. $19 billion project on track for August petrol sales. Africa's largest refinery, located in Lagos, aims to boost Nigeria's refining capacity, reduce import dependency, and create jobs. Dangote reassures...- Nigeria News
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- dangote refinery nnpc
- Category: Business
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Nigeria Nigeria's Fuel Dilemma Deepens as NNPCL Moves for $2bn Oil-Backed Loan
NNPCL seeks a $2 billion oil-backed loan amid Nigeria's fuel crisis. CEO Mele Kyari claims it's for normal business, not desperation. This follows a $3.3 billion loan in 2023. The move raises concerns as fuel shortages spread nationwide, impacting daily life. Dangote Refinery faces crude supply...- Nigeria News
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- nigeria fuel crisis nigerias debt nnpc nnpcl loan oil-backed financing
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ExpiredJob APPLY: NNPC Appeals To CORPS Members to Apply For The NNPC Foundation Pitch Business Ideas
The NNPC Foundation has invited NYSC members to join its flagship pitching programme called ‘Innovate NYSC: Pitching for Progress’. In a video shared on Sunday by NNPC Limited on X, the foundation encouraged current corps members to pitch their business ideas. They aim to empower youth to...- Kayode Israel
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Nigeria Dangote Petroleum Refinery Faces Hurdles in Crude Procurement, Says Aliko Dangote
Africa's richest person, Aliko Dangote, discusses challenges with crude supply to Dangote Petroleum Refinery on CNN. While some international oil companies struggle, NNPC provides crucial support. Dangote emphasizes Africa's need to shift from raw material export. Africa's richest person...- Nigeria News
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- dangote petroleum refinery iocs nigerian national petroleum company nnpc
- Category: Business
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