The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has recorded a 100 per cent availability on Major Crude Oil Pipelines in the country. The Group Chief Executive Officer of NNPC Ltd., Mr Bashir Ojulari, said this while delivering a Keynote Address at the 24th NOG Energy Week (NOG) on Tuesday in Abuja. Ojulari…
Nigeria’s Economic and Financial Crimes Commission (EFCC) has detained Umar Isa, a former Chief Financial Officer of the Nigerian National Petroleum Company Limited (NNPCL), in relation to a massive $7.2 billion fraud case tied to failed refinery rehabilitation projects. Isa, who was responsible for the financial management of the Kaduna, Warri, and Port Harcourt refineries…
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the new Nigerian National Petroleum Company Limited (NNPC Ltd.) management to activate “Petroleum Products Passport” to secure petroleum products. Dr Billy Gillis-Harry, National President of PETROAN, made the call on Sunday in an interview with the News Agency of Nigeria (NAN), Abuja, while…
An economist, Prof. Evans Osabuohien, has commended President Bola Tinubu for removing both the Chairman, Board and Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company (NNPC) Limited. Osabuohien, who is Head of the Economics Department at Covenant University in Ota, told the News Agency of Nigeria (NAN) on Wednesday that their removal was…
The Nigerian Society of Engineers (NSE) has commended President Bola Tinubu for appointing seasoned professionals to lead the Nigerian National Petroleum Company (NNPC). NSEs’ President, Margaret Oguntala, stated this in a statement on Wednesday, in Abuja, describing the move as “putting the right peg in the right hole.” Oguntala praised Tinubu for ensuring that individuals…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has refuted reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers. The company, in a statement issued in Abuja on Wednesday by its Chief Corporate Communications Officer, Olufemi Soneye, clarified that what occurred was a flare incident, which has since been fully contained….
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says its contract with Dangote Refinery for the sale of crude oil in Naira was structured as a six-month agreement. The Chief Corporate Communications Officer, NNPC Ltd., Olufemi Soneye, on Monday in a statement said this was subject to availability, and expires at ending of March 2025….
A cross section of stakeholders, on Monday, at a Public Hearing on the four Tax Reform Bills expressed their support for the bills. The public hearing was organised by the Senate Committee on Finance chaired by Sen. Sani Musa. The News Agency of Nigeria (NAN) reports that the four bills include “The Nigeria Tax Bill…
The NNPC Foundation Limited has reiterated its commitment to promote global awareness and advocacy for better policies to mitigate sanitation crisis. Mrs Emmanuella Arukwe, Managing Director NNPC Foundation Ltd., made this known on Tuesday while commemorating the 2024 World Toilet Day (WTD) at the Junior Secondary School, Peyi, Bwari Area Council, Abuja. Arukwe underscored the…
