News - NNPC

DPR Seals NNPC Fuel Station For Sharp Practices

1 week ago /

The Abuja zonal controller of the Department of Petroleum Resources, DPR, Abba Misua wants the Nigerian National Petroleum Corporation (NNPC) to be weary of investors they give downstream franchise license to.

FG, States And LGS Share N647.39bn For February

3 weeks ago /
Nation 

Nigeria’s Minister of Finance, Kemi Adeosun,  is to meet with the group General Manager of the Nigerian National Petroleum Corporation (NNPC) to reconcile and resolve the grey areas in the figures presented by the Corporation.

NASS Passes PIGB 2018

3 weeks ago /
Nation 

The National Assembly has passed the harmonized version of the Petroleum Industry Governance Bill 2018.

NNPC Operations To Go Paperless

1 month ago /
Nation 

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the corporation is poised to go paperless in its operations soon, as part of efforts to ensure transformation of country’s oil sector.

Contaminated Water: FG Agrees To Publish Details Of Projects, Spending

1 month ago /
Nation 

The Federal Government has agreed to publish details of spending and locations of projects on water and sanitation between 2010—2016, as well as details of allocations to the 36 states of the federation.

PDP Tasks FG On N24 Billion Monthly Oil Subsidy Figure

1 month ago /
Politics 

The Peoples Democratic Party (PDP) says it is shocking  to hear that  the All Progressives Congress (APC)-controlled Federal Government is covering  huge fraud in the presidency by declaring that it spends a 24 billion Naira monthly (774million Naira per day) to subsidize fuel in Nigeria.

UNIMAID Pledges Return To Chad Basin For Oil Exploration

1 month ago /
Nation 

The University of Maiduguri has defied the abduction of its lecturers that lasted over eight months by the Boko Haram by expressing willingness to align with the Nigerian National Petroleum Corporation (NNPC) to resume oil exploration activities in the chad basin.

NNPC, Kogi State Collaborate In Biofuel Development

1 month ago /
Nation 

Nigeria's vision has gone beyond just mixing 10% biofuel with conventional fuel to having full fledged biofuel stations to service cars designed to run on the product.

Nigeria Oil And Gas Summit Opens In Abuja

1 month ago /
Business and Economy  

Nigeria international petroleum summit 2018 is on-going, the event which started monday is excepted to create the platform for the world to meet nigeria’s oil and gas industry players. The meeting is between key nigerian political decision-makers, government officials as well as specialists in the industry.   The summit is expected to end...

Increase Fuel Importation To Meet Demands, IPMAN Tells FG

1 month ago /
Nation 

The western zone of the Independent Petroleum Marketers Association of Nigeria [IPMAN], has advised the Federal Government to increase the importation of fuel to meet the local demands.They are also asking the FG to deregulate the sector and ensure the full capacity of the depots across the country in order...

Fuel Crisis: NEC Sets Up Committee

2 months ago /
Nation 

The National Economic Council (NEC) has set up a committee to look into the lingering fuel crisis in Nigeria. The Committee is also expected to interface with key players in the downstream sector of the petroleum industry with a view to resolving issues that are connected with current underecoveries by the...

NNPC Asks Oil Marketers To Make Life Easy For Nigerians

2 months ago /
Nation 

The Nigerian National Petroleum Corporation (NNPC) has called on petroleum products marketers to make life easy for Nigerians.NNPC Group Managing Director, Dr Maikanti Baru, who said this on Wednesday in Abuja, asked the marketers to stick to the N145 per litre approved pump price for petrol.He gave the charge while...

NSCDC Arrest Fuel Marketer For Products Diversion

2 months ago /
Nation 

A petrol station manager,  Kasim Lamido,  has been arrested by the Nigerian Security and Civil Defence Corps (NSCDC), for diverting 26,000 litres of petrol from New Nyanya to another location in Akwanga, Nasarawa State. According to an official of the NSCDC, Yusuf Ayinde, a Chief Superintendent of the Corps, the manager...

NNPC Assures Of Uninterrupted Petrol Supply In Abuja

2 months ago /
Nation 

The Nigerian national petroleum corporation has assured motorists other petroleum product consumers in and around Abuja not to engage in panic buying as the corporation and other relevant agencies are in consultation with the leadership of the petroleum tanker drivers (PTD), for uninterrupted supply.

FG Denies Subsidizing Petroleum Products

2 months ago /
Nation 

Nigeria's minister of Finance Kemi Adeosun has denied reports that the federal government is still subsidizing petroleum products, admitting that the Nigerian national petroleum corporation is importing refined products at a loss.

Fuel Subsidy: NNPC Draws N4.95 Trillion

2 months ago /
Nation 

Nigeria's state owned Oil Company, Nigerian National Petroleum Corporation {NNPC} has admitted it received a total of n4.95 trillion as fuel subsidy payment between 2006 and 2015.

FG Owes NNPC N170.6 Billion

2 months ago /
Nation 

The Nigerian National Petroleum Corporation (NNPC) has revealed that  the Nigerian federation is indebted to the corporation to the tune of n170.6 billion, being outstanding subsidy payments due from January 2006 to December, 2015.

DPR Intercepts 469,000 Litres Of Diverted Fuel

2 months ago /
Nation 

The department of petroleum resources say the 469,000 litres of petrol intercepted in banana, a border town to Benin republic, may be distributed to different fuel stations for sale and its proceeds sent to government's coffers.

Buhari Pledges To Invest Extra Oil Income In Infrastructure

2 months ago /
Nation 

President Muhammadu Buhari has promised to invest the income accruing to the country from rising oil prices in the international market into infrastructure development. He made this known on Friday when he received a delegation from Eni, led by the Chief Upstream Officer, Mr Antonio Vella, at the state house in...

Senate Gives NNPC 7 Days To End Fuel Scarcity

2 months ago /
Nation 

The National Assembly joint committee on petroleum downstream has asked the Nigerian National Petroleum Corporation (NNPC) to put an end to the current fuel scarcity in the nation within the next seven days.


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