News - Nigerian National Petroleum Corporation

Nigeria, Morocco Sign Three Agreements

1 week 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

3 weeks 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

1 month 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

2 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

2 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

3 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

3 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

3 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

3 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

4 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.

Fuel Crisis: NEC Sets Up Committee

4 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

4 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...

NNPC Assures Of Uninterrupted Petrol Supply In Abuja

4 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

4 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

4 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

4 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.

Senate Gives NNPC 7 Days To End Fuel Scarcity

5 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.

Fuel Scarcity: NNPC Says Porous Borders Affecting Distribution

5 months ago /
Nation 

The Nigerian National Petroleum Corporation (NNPC) has raised alarm over the sustained nefarious activities of some cross-border fuel smuggling syndicates and hoarders in the country. The Corporation also noted that such activities have so far impeded its efforts to sanitise the fuel supply and distribution matrix across Nigeria. NNPC Group Managing Director,...

Reps To Investigate Alleged Revenue Loss Of $7.6trillion By NNPC

5 months ago /
Nation 

The House of Representatives is to investigate the reasons responsible for Nigeria losing about 7.6 trillion Naira crude oil revenue to international oil companies. In a motion sponsored by Rep. Sunday Katung, lawmakers were informed that the loss, which is from 1993, is partly due to government’s failure to implement the...

House Of Reps To Probe Fuel Subsidy Payments

5 months ago /
Nation 

Nigeria’s house of representatives is set to investigate the current fuel subsidy payment by the Nigerian National Petroleum Corporation, NNPC The lawmakers have invited the minister of state for petroleum Resources Ibe Kachikwu and the group Managing Director of NNPC to account for the monies so far expended on the subsidy...


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