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Featured: Latest Nigerian News
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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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- 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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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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- 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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- 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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- Category: Business
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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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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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- Category: Business
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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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- 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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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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Nigeria NNPC Struggles to Address Fuel Crisis as Petrol Prices Soar to N2000/Litre Across Nigeria
A resurgence of petrol scarcity has engulfed various states in Nigeria, accompanied by long queues at petrol stations, crowded bus stops, and escalated traffic woes. Frustrated residents, facing soaring petrol prices approaching N2000 per liter, are resorting to purchasing fuel in jerrycans...- Nigeria News
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Nigeria Nationwide Fuel Woes: Lagos, Abuja Grapple with Petrol Prices over N700/Liter
Fuel scarcity continues to worsen across various regions of Nigeria, including Lagos, Ogun State, and Abuja, despite claims by the Nigerian National Petroleum Corporation (NNPC) Limited that all issues have been resolved. Reports from Nairametrics reveal that petrol prices have soared to as high...- Nigeria News
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Nigeria (Video) Lagos Filling Station Demanding Customers Buy Meat Pie Before Fuel Sparks Outrage Among Nigerians
Over the weekend, a video surfaced on Twitter, revealing a Total filling station in Igando, Lagos, allegedly enforcing a peculiar requirement: customers must purchase meat pies before being served fuel. This incident has unfolded amidst the backdrop of a persistent fuel scarcity gripping...- Nigeria News
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- Category: Metro
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Nigeria NNPC Points to Logistics Problems Amidst Fuel Queue Resurgence in Abuja, Nasarawa"
In response to the recent fuel scarcity concerns gripping various regions of Nigeria, the Nigeria National Petroleum Company Limited (NNPC Ltd) has attributed the tightness in Premium Motor Spirit (PMS) supply to logistical issues, asserting that these challenges have been effectively addressed...- Nigeria News
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- Category: Business
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Nigeria Rainoil CEO Exposes Government's N600 Billion Monthly Fuel Subsidy
During the Stanbic IBTC Energy and Infrastructure Breakfast Session in Lagos, Gabriel Ogbechie, CEO of Rainoil Limited, disclosed that the federal government has covertly resumed paying the contentious fuel subsidy. Ogbechie highlighted the impact of the Naira's devaluation on the foreign...- Nigeria News
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- Category: Business
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