•Aliko Dangote and NNPC GCEO, Bayo Ojulari The President and Chief Executive Officer of Dangote Group, Aliko Dangote, yesterday said there is no rivalry between his organisation and the Nigerian National Petroleum Company Limited (NNPCL), reaffirming a shared commitment to collaboration in Nigeria’s energy sector. Dangote made the remarks duri...
The Nigerian National Petroleum Company Limited (NNPCL) has announced the appointment of a new eight-man Senior Management Team. The recent announcement followed the appointment of the Group Chief Executive Officer (GCEO) and Board of Directors, reports Channels TV. Disclosing this in a statement yesterday, NNPCL Chief Corporate Communications...
The Nigerian National Petroleum Company Limited has revealed that it is now in the final stages of preparing for its highly anticipated listing on the capital market, by the provisions of the Petroleum Industry Act 2021. The NNPCL Chief Corporate Communications Officer NNPC Ltd, Olufemi Soneye, made the announcement in a statement released tod...
•Fuel pump The Dangote Petroleum Refinery has temporarily halted the sales of petroleum products in naira as the naira-for-crude talks between the $20 billion Lekki-based plant and the Nigerian National Petroleum Company Limited appear to have failed. Following the announcement of the halt in petroleum products’ sales in naira by the Dangote r...
The Nigerian National Petroleum Company Limited has strongly refuted claims alleging the termination of the Naira-for-Crude agreement with Dangote Refinery. NNPCL emphasised that it has consistently supplied the refinery with a total of 84 million barrels of crude oil since the refinery began its operations in 2023, reports The PUNCH. In a sta...
•NNPCL trucks lining up for petrol loading at the Dangote Refinery A renowned economist, Paul Alaje, says the ongoing price war between the Dangote Refinery and the Nigerian National Petroleum Company (NNPC) Limited will “erode abnormal profit” enjoyed by capitalists. “You may want to call it a price war but in economics, when a duopoly [&hell...
Officials of the Dangote refinery have said the controversial fuel allegedly bought from a filling station belonging to the Nigerian National Petroleum Company Limited did not emanate from the refinery. The officials, who spoke to our correspondent on condition of anonymity, said Nigerians testified to the quality of the Premium Motor Spirit f...
•Kaduna Refinery Going words of the Nigerian National Petroleum Company Limited (NNPCL), the Kaduna Refinery and Petrochemicals Company (KDPRC) has attained more than 60 per cent mechanical completion. NNPCL Executive Vice President (Downstream) Isiyaku Abdullahi dropped the hint yesterday in Abuja during the NNPCL Workshop/Engagement session ...
•Oil marketers Some oil marketers are beginning to change the logo of the Nigerian National Petroleum Company Limited on their filling stations, as the dealers dump the franchise deals with NNPCL due to the stiff competition in the prices of refined products in the downstream arm of the oil sector. It was gathered that many […]
•IGP Kayode Egbetokun The Senate has issued a stern warning to the Inspector-General of Police, Kayode Egbetokun; the Chief Executive of the Federal Inland Revenue Service (FIRS), Zacch Adedeji; the Nigerian National Petroleum Company Limited (NNPCL); and the Governor of the Central Bank of Nigeria (CBN), among others, threatening them with ar...
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