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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...- Nigeria News
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- fraud ibrahim shuaibu nnpcl
- Category: Metro
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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...- Nigeria News
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- 2 min read
- bola tinubu nnpcl petrol price increase serap
- Category: Politics
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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...- Nigeria News
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- fuel price hike nnpcl petrol price increase
- Category: Business
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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...- Nigeria News
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- dangote petroleum refinery dangote refinery nigerian national petroleum company nnpcl premium motor spirit
- Category: Business
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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...- Nigeria News
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- fuel scarcity nnpcl peter obi tinubu administration
- Category: Politics
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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...- Nigeria News
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- 1 min read
- heineken lokpobiri minister of state for petroleum nnpcl petrol prices
- Category: Business
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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...- Nigeria News
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- 1 min read
- $6 billion debt atiku abubakar fuel scarcity nnpcl tinubu administration
- Category: Politics
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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...- Nigeria News
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- atiku abubakar nigerian national petroleum corporation nnpcl petroleum industry act
- Category: Politics
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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...- Nigeria News
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- 2 min read
- atiku abubakar nnpcl warri and portharcourt refineries
- Category: Politics
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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...- Nigeria News
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- mele kyari nigerian national petroleum company limited nnpcl
- Category: Business
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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 News
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- 1 min read
- energy sector nigeria's economy nnpcl port harcourt refinery refinery operations
- Category: Business
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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 News
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- 1 min read
- fuel price reduction nigerian national petroleum company limited nnpcl petrol prices petrol subsidy
- Category: Business
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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 News
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- debbie twitter nnpcl
- Category: Metro
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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 News
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- 1 min read
- fuel subsidy nnpc nnpcl petrol price
- Category: Politics
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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 News
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- channels tv mele kyari nnpc board nnpc board inauguration nnpcl
- Category: Politics
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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 News
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- channels tv nnpc nnpcl oil refinery port harcourt refinery nnpc porthharcourt refinery
- Category: Business
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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 News
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- channels tv nnpcl
- Category: Business
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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 News
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- channels tv fuel scarcity in abuja nnpcl
- Category: Metro
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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 News
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- 1 min read
- mr soneye nnpcl
- Category: Business
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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...- Nigeria News
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- 2 min read
- ipman nnpcl
- Category: Metro
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