Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has cautioned the Federal Government against rushing into an unbalanced sale of national assets, particularly Nigeria’s refineries. In an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday, PETROAN’s National President, Dr. Billy Gillis-Harry, emphasized the need...
nnpc limited
By EZEKIEL OBI, Abuja- Nigerian National Petroleum Company Limited (NNPC Ltd) recently released a glowing report card marking the first 100 days of its Group Chief Executive Officer, Engr. Bashir Bayo Ojulari, touting significant milestones and a commitment to transforming Nigeria’s energy sector. However, the celebratory tone has been...
By MBAFAN ADE, Abuja – Group Chief Executive Officer of NNPC Ltd., Engr. Bashir Bayo Ojulari, has reaffirmed the Company’s commitment to dismantling structural bottlenecks towards laying a solid foundation for a self-sufficient refining ecosystem in Africa. Ojulari disclosed this while delivering a keynote address titled “Building an African...
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has failed to appear before the Senate Committee on Public Accounts for the fourth time, sparking outrage among lawmakers. The committee is investigating an alleged N210 trillion in unaccounted expenditures flagged in the Auditor-General’s reports...
By EZEKIEL OBI, Abuja- Alliance of Nigerian Lawyers and Civil Society Advocates has launched a fervent campaign to stop what it describes as a “sinister plot” by the Nigerian National Petroleum Company Limited (NNPCL), led by Group Chief Executive Officer Bayo Ojulari, to sell the Port Harcourt, Warri, and...
By OLA MODUPE, Lagos- There have been testimonies of restored sights as more than 2,000 people accessed healthcare services in an outreach organised in Lagos as part of the Vision First initiative of the Nigerian National Petroleum Company Ltd (NNPC) and Shell Nigeria Exploration and Production Company Ltd (SNEPCo)....
Federal High Court in Abuja has fixed September 29 for the hearing of a suit filed by Dangote Petroleum Refinery against Nigeria National Petroleum Company Limited (NNPCL) and others over an oil import license dispute. The Federal Competition and Consumer Protection Commission (FCCPC) has expressed interest in the case,...
By JOY ADARA, Abuja- The NNPC Ltd. has handed over thirty-five (35) hybrid Compressed Natural Gas (CNG)-powered buses to the Presidential Initiative on Compressed Natural Gas (Pi-CNG). During a brief ceremony held at the NNPC Towers on Monday, the Group CEO, NNPC Ltd., Engr. Bashir Bayo Ojulari reiterated the...
Nigerian National Petroleum Company Limited (NNPC Ltd.) has recorded a 100% availability on major crude oil pipelines in the country. The Group Chief Executive Officer, Bashir Ojulari, announced this at the 24th NOG Energy Week in Abuja. Ojulari attributed the achievement to industry-wide security interventions led by NNPC Ltd....
By OFFOR CALLISTUS, Abuja- The Nigerian National Petroleum Company Limited (NNPC Ltd.) has uncovered a coordinated sabotage campaign orchestrated by a group of known and faceless actors. These individuals according to the NNPCL are spreading false information and lies to discredit the company’s leadership and undermine its ongoing transformation...
By OFFOR CALLISTUS, Abuja – The Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Olufemi Soneye, has resigned from his position, effective immediately. In a statement posted on his Facebook page, Soneye cited the need to devote more time to his family and...
By MBAFAN ADE, Abuja- The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced a revenue of N5.89 billion and a Profit After Tax (PAT) of N748 billion for April. According to the company’s Monthly Report Summary, crude oil and condensate production averaged 1.606 million barrels per day (bpd)...
By MBAFAN ADE, Abuja – The Federal Ministry of Finance has issued a statement in response to recent media reports regarding a potential forward sale of crude oil involving the Nigerian National Petroleum Company Limited (NNPC Ltd). According to the Ministry, no final decision has been made on the...
By CALLISTUS OFFOR, Abuja- Nigerian National Petroleum Company (NNPC) Limited has issued a public notice warning individuals and businesses to be cautious of impostors claiming to represent the company. These scammers allegedly solicit fees for meetings with NNPC board members, executives, and management staff. Chief Corporate Communications Officer, NNPC...
By CALLISTUS OFFOR, Abuja- The Nigerian National Petroleum Company Limited (NNPC Ltd.) is proud to announce that its Chief Corporate Communications Officer, Mr. Olufemi Soneye, has bagged the Champion Newspapers 2024 Media Manager of the Year Award. The award, presented by Ernest Ebi, MFR, former Deputy Governor of the...
Some retired cooperative members of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Lagos State Branch, have decried alleged misappropriation of their funds by the management committee of the multipurpose society. Speaking at a media briefing in Abuja on Friday, the members said that they were yet to access...
The Nigeria National Petroleum Company Limited (NNPC Ltd.), has given N531,000 each to 531 NYSC members in a bid to make them self reliant. The corps members were also empowered with starter packs to start their own businesses. The items were presented to the corps members by the Group...
The Federal Government on Wednesday directed the management of the Nigerian National Petroleum Company Ltd. (NNPCL) to increase oil production beyond current levels by the end of the year. The Minister of State for Petroleum Resources (Oil), Mr Heineken Lokpobiri, said this in an interview with the News Agency...
By JOY ADARA, Abuja- The Economic and Financial Crimes Commission (EFCC) is investigating 14 officials of the Nigerian National Petroleum Company Limited (NNPCL), including two former chief executives, Mele Kyari and Abubakar Yar’Adua. The commission said the probe centers on alleged fund misappropriation and abuse of office. In a...
By AMOS MATHEW, Kaduna – Arewa Consultative Forum (ACF), has commended President Bola Ahmed Tinubu-led Administration for the appointment of Ahmad Musa Kida as the new board Chairman and Bashir Bayo Ojulari as the Group Managing Director to pilot the affairs of the Nigerian National Petroleum Company (NNPC) Limited....