•Nigerian Senate The Nigerian National Petroleum Company Limited (NNPCL), Federal Inland Revenue Service (FIRS), Nigeria Police Force yesterday came under scathing criticism for persistently failing to respond to queries raised against them in the 2019 report of the Auditor General of the Federation (AuGF). Twelve Ministries, Departments and A...
•Managing Director and Group Chief Executive Officer, NNPCL, Mele Kyari The Nigerian National Petroleum Company Limited has demanded a refund of N4.71 trillion from the federal government to settle outstanding debts used to import Premium Motor Spirit, popularly called petrol, into the country. The claim was listed as “Exchange rate differenti...
•The burnt down Mobil filling station The Nigerian National Petroleum Company Limited (NNPCL) has clarified issues surrounding the reported fire at the Mobil filling station at Ikeja, Lagos, today A statement by Chief Corporate Communications Officer NNPC Ltd, Olufemi Soneye after the incident, said the explosion had nothing to do with the rec...
• Nigerian Senate Major stakeholders in Nigeria’s oil and gas industry today vowed to speak up on the dirty deals, regulatory breaches and other malpractices in the sector that had defied solutions over years as the Senate opened another round of probe. They demanded that the investigation should be conducted on live television broadcasts so [...
•Fuel scarcity The Nigerian National Petroleum Company Limited (NNPCL) today, Wednesday, August 7, insisted that it is not short of the Premium Motor Spirit (PMS) petrol. NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye, who confirmed this to our correspondent on the phone, also said he was yet to know if there were supply issues...
•NNPC boss, Mele Kyari The Nigerian National Petroleum Company Limited says it has declared a state of emergency on oil production. It said this was a move towards increasing Nigeria’s crude oil production and growing its reserves. Group Chief Executive Officer of NNPCL, Mele Kyari, disclosed this in a keynote address at the opening of [&helli...
A joint committee of the House of Representatives has summoned the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, to appear before it on May 8 over an investigation into environmental degradation caused by the activities of oil companies in oil producing communities. The Chairman of th...
•Tinubu and Atiku Former Vice President Atiku Abubakar yesterday asked President Bola Tinubu to account for the Nigerian National Petroleum Company Limited (NNPCL)’s $3.3 billion emergency crude repayment loan. Last August, the NNPCL secured a $3.3 billion emergency crude repayment loan from the African Export-Import Bank to stabilize the fore...
Oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria have berated the Nigerian National Petroleum Company Limited for alleged delay in the supply of petroleum products. As a result, the marketers said they had been forced to boycott the NNPCL to source fuel from private depot owners at a higher cost. [&he...
•Port Harcourt Refinery As the Port Harcourt oil Refinery comes to life, the Nigerian National Petroleum Company Limited has concluded plans to hand over the government refinery to private operators. The NNPCL said it is seeking to engage reputable and credible operations and maintenance companies to operate and maintain the Port Harcourt Refi...
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