nnpcl

  1. Nigerians Outraged as Fuel Prices Surge to N1,030 per Litre

    Nigeria Nigerians Outraged as Fuel Prices Surge to N1,030 per Litre

    Nigerians are outraged over a recent fuel price hike, with petrol prices rising to N1,030 per litre in Abuja and N998 in Lagos. Citizens express concerns about worsening poverty and demand action from President Bola Tinubu, highlighting the strain of increasing costs on their daily lives...
  2. FG: We’re Not Responsible for Petrol Price Hike, Cites Global Factors

    Nigeria FG: We’re Not Responsible for Petrol Price Hike, Cites Global Factors

    The Nigerian government has distanced itself from the recent petrol price hike, now reaching N1,030 per liter. Minister Mohammed Idris attributed the increase to global market volatility and stated that the NNPCL acted independently under the Petroleum Industry Act. Public reactions express...
  3. IPMAN and Dangote Refinery to Discuss Direct Petrol Lifting and Pricing Strategies

    Nigeria IPMAN and Dangote Refinery to Discuss Direct Petrol Lifting and Pricing Strategies

    The Independent Petroleum Marketers Association of Nigeria (IPMAN) will meet with Dangote Refinery this week to discuss direct petrol lifting and potential price reductions. The collaboration aims to enhance petrol distribution and address supply challenges, with the hope of improving...
  4. NNPCL Authorizes Major Marketers to Lift Petrol from Dangote Refinery

    Nigeria NNPCL Authorizes Major Marketers to Lift Petrol from Dangote Refinery

    The Nigerian National Petroleum Company Limited (NNPCL) has authorized major marketers to lift petrol from Dangote Refinery, but independent marketers remain excluded. The new arrangement raises concerns over pricing and access, prompting calls for more transparency and an open market for all...
  5. Fuel Price Hike Looms: Nigerian Marketers Await Dangote Refinery Pricing Clarity

    Nigeria Fuel Price Hike Looms: Nigerian Marketers Await Dangote Refinery Pricing Clarity

    Nigerian petroleum marketers are demanding transparency from Dangote Refinery over its fuel pricing as the NNPCL announced new rates across the country. Marketers are also considering fuel imports to stabilize prices, citing concerns over Dangote’s production capacity, as domestic supply remains...
  6. Dangote Group Refutes NNPCL's Misleading Fuel Price Claims

    Nigeria Dangote Group Refutes NNPCL's Misleading Fuel Price Claims

    The Group Chief Branding and Communications Officer of Dangote, Anthony Chiejina, refuted claims regarding PMS pricing made by NNPCL spokesperson Olufemi Soneye. He emphasized that the official pricing announcement will come from the Technical Sub-Committee on Naira-based crude sales on October...
  7. Nigerians React as NNPCL Buys Fuel from Dangote Refinery at N898, Dismissing Claims of N760 Pricing

    Nigeria Nigerians React as NNPCL Buys Fuel from Dangote Refinery at N898, Dismissing Claims of N760 Pricing

    The NNPCL has announced purchasing fuel from Dangote Refinery at N898 per litre, contradicting earlier claims of N760. This move aims to enhance local production capacity, with NNPCL becoming the exclusive off-taker. The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that it...
  8. [VIDEO] Nigerians React to NNPCL's Petrol Loading at Dangote Refinery

    Nigeria [VIDEO] Nigerians React to NNPCL's Petrol Loading at Dangote Refinery

    The NNPCL has commenced petrol loading operations at the Dangote Refinery, marking a significant milestone in Nigeria's fuel supply chain. This development has elicited mixed reactions from Nigerians, who express hopes for reduced fuel prices In a significant development, the Nigerian National...
  9. Devakumar Edwin Confirms NNPCL's Request for Office Space at Dangote Refinery

    Nigeria Devakumar Edwin Confirms NNPCL's Request for Office Space at Dangote Refinery

    Devakumar V.G. Edwin, Vice President of Oil & Gas at Dangote Group, announced that the Nigerian National Petroleum Company Limited (NNPCL) seeks a permanent office at the Dangote Refinery. This collaboration aims to streamline crude oil supply and production, potentially alleviating fuel...
  10. EFCC Arraigns Ibrahim Shuaibu for ₦100 Million Fraud in Kaduna

    Nigeria EFCC Arraigns Ibrahim Shuaibu for ₦100 Million Fraud in Kaduna

    Ibrahim Shuaibu, also known as Ishaku Abdulrazak, has been arraigned by the EFCC in Kaduna for fraud involving ₦100 million. He faces seven charges, including impersonation and obtaining by pretenses, after allegedly misrepresenting himself as an NNPCL director to defraud a victim in 2018. The...
  11. SERAP Demands Tinubu Reverse NNPCL's Unlawful Petrol Price Increase

    Nigeria SERAP Demands Tinubu Reverse NNPCL's Unlawful Petrol Price Increase

    SERAP has urged President Tinubu to reverse the recent unlawful petrol price hike by NNPCL, which increased from N600 to N855 per liter. The organization also demands an investigation into corruption within NNPCL, linking the price hike to broader issues of poverty and inequality in Nigeria...
  12. NNPCL Blames Forex Rates, Market Forces for Rising Petrol Prices

    Nigeria NNPCL Blames Forex Rates, Market Forces for Rising Petrol Prices

    The Nigerian National Petroleum Company Limited (NNPCL) attributes the recent petrol price hike to foreign exchange rates and market forces, raising prices to N855-N897 per liter. NNPCL's Adedapo Segun assures the scarcity will ease soon. Labor unions demand a reversal, condemning the impact on...
  13. Dangote Refinery to Export Petrol if NNPCL Doesn't Engage

    Nigeria Dangote Refinery to Export Petrol if NNPCL Doesn't Engage

    The Dangote Petroleum Refinery has announced it will export its petrol products if the Nigerian National Petroleum Company Limited (NNPCL) and local marketers fail to patronize it. The refinery, with a capacity of 650,000 barrels per day, has begun producing Premium Motor Spirit (PMS) to meet...
  14. Peter Obi: Fuel Scarcity Crisis Exposes Tinubu Administration's Incompetence

    Nigeria Peter Obi: Fuel Scarcity Crisis Exposes Tinubu Administration's Incompetence

    Peter Obi blames Nigeria's fuel scarcity on the Tinubu administration's ineptitude, calling for transparency from the NNPCL. He highlights conflicting reports on the company's finances and urges citizens to hold the government accountable for its actions. Former presidential candidate Peter Obi...
  15. Heineken Lokpobiri: NNPCL Must Sell Petrol Above N1,117 to Prevent Cross-Border Smuggling

    Nigeria Heineken Lokpobiri: NNPCL Must Sell Petrol Above N1,117 to Prevent Cross-Border Smuggling

    The Nigerian Minister of State for Petroleum Resources, Heineken Lokpobiri, has mandated the NNPCL to sell petrol above N1,117 per litre to combat smuggling. This directive aims to stabilize domestic fuel prices and reduce illegal trade, as petrol is significantly cheaper in neighboring...
  16. Atiku Condemns NNPCL's $6 Billion Debt Admission, Blames Tinubu Administration

    Nigeria Atiku Condemns NNPCL's $6 Billion Debt Admission, Blames Tinubu Administration

    Former Vice President Atiku Abubakar has criticized the Nigerian National Petroleum Company Limited (NNPCL) for admitting to a $6 billion debt to petrol suppliers, which has exacerbated fuel scarcity in Nigeria. Atiku accused the NNPCL of deceit and questioned its transparency, blaming the...
  17. Atiku Abubakar: NNPCL's Claim of Privatization is a Facade

    Nigeria Atiku Abubakar: NNPCL's Claim of Privatization is a Facade

    Former Vice President Atiku Abubakar criticized the Nigerian National Petroleum Corporation Limited (NNPCL) for claiming to be a private entity while acting as the federal government’s financial backbone. He called for its listing on the stock exchange to enhance transparency and profitability...
  18. Atiku's Witty Response to NNPCL's Move to Privatize Warri and Kaduna Refineries

    Nigeria Atiku's Witty Response to NNPCL's Move to Privatize Warri and Kaduna Refineries

    Former Vice President Atiku Abubakar mocks the Nigerian government’s plan to privatize the Warri and Kaduna refineries. NNPCL aims to enhance efficiency by engaging private operators. Atiku's reaction highlights ongoing discussions on refinery management and reflects public skepticism about the...
  19. NNPCL CEO Mele Kyari Defends Company, Vows to Reveal Truth Later

    Nigeria NNPCL CEO Mele Kyari Defends Company, Vows to Reveal Truth Later

    Mele Kyari, CEO of NNPCL, has vowed to reveal the truth about the company’s operations at the right time, amid allegations of economic sabotage and unfair media criticism. Kyari defended NNPCL against claims of importing sub-standard products and denied links to a Malta blending plant. Mele...
  20. Nigerians' Hopes Dashed as Port Harcourt Refinery Delay Persists, NNPC Announces New Timeline

    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...
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