nnpcl
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Nigeria Nigerians' Hopes Dashed as Port Harcourt Refinery Delay Persists, NNPC Announces New Timeline
The Port Harcourt Refining Company Limited (PHRC) remains dormant despite assurances from authorities that it would commence operations approximately two weeks ago. Citizens, anticipating relief from the energy crisis, were disappointed by the delay in the refinery's activation. Stakeholders... -
Nigeria Nigerians Ridicule NNPCL's N10 Fuel Price Drop as Paltry and Insignificant
The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in the depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N640 per litre to N630 per litre. This decision aims to alleviate the financial burden on consumers amidst concerns over escalating... -
Nigeria NNPCL's Surprise Gift: A N200,000 PMS Voucher Extended to Woman Criticized for Early Morning Cooking
The Nigerian National Petroleum Company Limited (NNPCL) has extended a generous offer to a woman, known as @Debbie_OA, who faced criticism for waking up at 4:50 a.m. daily to prepare food for her husband. NNPCL took to its official handle on Saturday to announce the gift of a free N200,000 PMS... -
Nigeria Tensions Rise as NNPC and Marketers Clash Over Fuel Subsidies and N1,200/Litre Proposal
The Nigerian National Petroleum Company Limited (NNPCL) and fuel marketers, represented by the Independent Petroleum Marketers Association of Nigeria, are entangled in a new dispute over the removal of petrol subsidies. The clash comes amidst the depreciation of the naira against the U.S... -
Nigeria Tinubu Sets Ambitious Goals for NNPCL Board on Oil Production
President Bola Ahmed Tinubu has officially inaugurated the 11-man board and management team for the Nigerian National Petroleum Company Limited (NNPCL), emphasizing the need for a focus on profitability, increased production, and robust governance. Tinubu warned against viewing the... -
Nigeria Port Harcourt Refinery Nears Completion, Set to Operate by December, NNPC Insists
The Nigerian National Petroleum Corporation Limited (NNPCL) remains resolute in its commitment to completing the Port Harcourt Refinery by the end of December. NNPC Chief Communications Officer Olufemi Soneye affirmed that the timeline for mechanical completion remains unchanged, and the... -
Nigeria NNPC Aims to Cease Fuel Imports by 2024
The Nigerian National Petroleum Company Limited (NNPCL) has set an ambitious goal to cease the importation of refined petroleum products by December 2024, projecting a substantial revenue growth of N4.5tn by the end of 2023. Group Chief Officer Mele Kyari announced these plans during a meeting... -
Nigeria Marketers and NNPCL Clash Over Root Causes of Persistent Scarcity in Abuja and Neighboring States
In the midst of persistent fuel shortages in Abuja and neighboring states, conflicting narratives emerge between oil marketers and the Nigerian National Petroleum Corporation Limited (NNPCL). Marketers attribute the long queues at petrol stations to insufficient supply from the NNPCL... -
Nigeria Nigerian National Petroleum Company Appoints Olufemi Soneye as Chief Corporate Communications Officer
The Nigerian National Petroleum Company Limited (NNPCL) has appointed Olufemi Soneye as its Chief Corporate Communications Officer. The announcement was made in a statement released by the NNPCL. Mr. Soneye, a seasoned journalist with experience at respected publications in Nigeria, Australia... -
Nigeria Fuel Subsidy Looms: Nigerian Government Faces N1.68tn Expense as Petrol Prices Near N900/litre"
As Nigeria faces the possibility of soaring petrol prices due to a weakening naira and rising crude oil costs, the Federal Government may be forced to spend approximately N1.68 trillion on petrol subsidies from September to December this year, according to oil marketers and industry data... -
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Business NNPCL Secures $3 Billion Crude Oil Loan to Stabilize Naira
NNPC Limited announced on Wednesday that it has finalized a Commitment Letter and Term Sheet agreement with AfreximBank for an emergency $3 billion crude oil repayment loan. The signing took place at AfreximBank's headquarters in Cairo, Egypt. In a statement provided to Vanguard newspaper, NNPC...- Wakanda
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Business Breaking: NNPCL secures $3bn emergency crude oil repayment loan to stabilise naira - Vanguard Newspaper
https://www.vanguardngr.com/2023/08/breaking-nnpcl-secures-3bn-emergency-crude-oil-repayment-loan-to-stabilise-naira/- Wakanda
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Metro Fuel scarcity bites harder, marketers blame NNPCL - Punch Newspaper
https://punchng.com/fuel-scarcity-bites-harder-marketers-blame-nnpcl/- Wakanda
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