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News - Nigerian National Petroleum Corporation

NNPC Invests In Renewable Energy

3 weeks ago /
Nation 

The Nigerian National Petroleum Corporation NNPC says it is investing in renewable energy like biogas to accelerate Nigeria’s industrial development.

 

Buhari Off To The Hague On Sunday

1 month ago /
International News 

President Muhammadu Buhari will on Sunday, July 15, 2018, depart for the Netherlands to participate in activities to commemorate the 20th anniversary of the adoption of the Rome Statute of the International Criminal Court (ICC), at The Hague.

House of Reps to Investigate Oil Sales

1 month ago /
Nation 

Nigeria’s House of Representatives is to investigate the crude oil sales from January to date and other sources of revenue to the Nigerian National Petroleum Corporation, NNPC.

Buhari Intervenes In FAAC Deadlock

1 month ago /

The standoff which has stalled revenue sharing among the three tiers of government for the months of May and June, 2018 could be responsible for salary delays in some states of the Federation. 

Deadlock Over NNPC Revenue Remittance Lingers

1 month ago /
Nation 

The controversy over remittance by the Nigerian national petroleum corporation, NNPC into the federation account has continued to delay may allocation to the three tiers of government.

Cost Of Oil And Gas Production To Determine New Projects - Kachikwu

1 month ago /
Nation 

Nigeria’s Minister of state for petroleum resources Emmanuel Kachikwu says reducing the cost of crude oil production will soon become major criteria for approving new projects for companies.

Finance Commissioners Reject Revenue Discrepancies By NNPC

1 month ago /
Nation 

The chairman commissioners of finance forum of the Allocation Committee (FAAC) Mahmud Yunusa says the one hundred and Federation Account twenty-seven billion naira of royalties and petroleum profits tax remitted by the Nigerian National Petroleum Corporation NNPC, is not acceptable.

NOCs Comparative Impact On Economies: NNPC Ranks Low In Nigeria

1 month ago /
Nation 

A recent report by the Centre For Petroleum Energy Economics And Law, CPEEL, of the university of Ibadan adjudged the Nigerian national petroleum corporation’s contribution to the country’s economy as minimal.

NEC Directs Finance Ministry To Speedily Resolve Disagreements Over Remittances

1 month ago /
Business and Economy  

The  National Economic Council (NEC) has directed the Ministry of Finance and the Federal Allocation and Accounts Committee (FAAC) to speedily resolve the issues over remittances by the Nigerian National Petroleum Corporation into the Federation Account.

NNPC Justifies Remittance Of N147 Billion To FAAC For June

1 month ago /
Nation 

The Nigerian National Petroleum Corporation (NNPC) has justified its N147billion June remittance to the Federation Accounts and Allocation Committee (FAAC), saying it is in line with the terms of agreement it had with Governors on the matter.

Nigeria, Morocco Sign Three Agreements

2 months ago /
Nation 

Nigeria and Morocco have signed three agreements, including a regional gas pipeline that will see Nigeria provide gas to countries in West Africa sub-region that extend to Morocco and Europe.

NNPC Denies Existence Of Royalty Payment For Alesa-Eleme

2 months ago /
Niger Delta 

The management of the Nigerian National Petroleum Corporation, NNPC, has dismissed insinuation of an approved 36 billion naira compensation said to be due to Alesa-Eleme community in Rivers State as royalty for playing host to the  Port Harcourt refining company, a subsidiary of the corporation.

Dasuki To Be Re-Arraigned May 16

3 months ago /
Nation 

Retired Col. Sambo Dasuki, and four others are to be re-arraigned on May 16, in an FCT High Court, Maitama, on 32 amended charges by the Economic and Financial Crimes Commission (EFCC ).

DPR Seals NNPC Fuel Station For Sharp Practices

4 months 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

4 months 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.

NNPC Operations To Go Paperless

4 months 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

5 months 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.

UNIMAID Pledges Return To Chad Basin For Oil Exploration

5 months 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

5 months 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 International Petroleum Summit Opens In Abuja

5 months ago /
Nation 

A summit designed to provide sustainable platform for global industry players to come to Africa in the interest of the oil industry opened Monday in Abuja Nigeria’s capital city.


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