By EZEKIEL OBI, Abuja- Senate has clarified that the Nigerian National Petroleum Company Limited (NNPCL) has yet to account for N210 trillion in financial infractions raised against it in the 2017-2023 audit report. Contrary to media reports that the money had been stolen, Senator Aliyu Wadada, Chairman of the...
NNPC Ltd
By OLA MODUPE , Lagos- Fourth edition of Vision First, the flagship health programme of the Nigerian National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) began in Mushin Local Council Development Area of Lagos State July 7, allowing people to receive eye and cardiovascular...
The National Chairman of the Action Democratic Party (ADP), Alhaji Yabagi Sani, has described the removal of Mele Kyari as the Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL) by President Bola Tinubu as long overdue. Sani, a former staff member of the Nigeria National Petroleum...
BY EZEKIEL OBI, Abuja- Former Chief Finance Officer (CFO) of Nigeria National Petroleum Company Limited (NNPCL), Umar Isa, has denied reports of his arrest by the Economic and Financial Crimes Commission (EFCC) over alleged $7.2 billion fraud. In a statement.on Wednesday, Isa said: “Nobody arrested me for any $7.2...
By ABDULAZIZ NA’IBI ABUBAKAR The Nigerian Senate’s recent revelation of a staggering ₦210 trillion discrepancy in the audited financial statements of the Nigerian National Petroleum Company Limited (NNPCL) from 2017 to 2023 has once again thrust the nation’s oil sector into the spotlight of scrutiny. This alarming figure, uncovered...
By JOY ADARA, Abuja- The Nigerian National Petroleum Company Limited (NNPC Ltd) has disowned a fake AI-generated video circulating on social media that features a cloned voice of its Group CEO, Mr. Bayo Bashir Ojulari, promoting a fictitious poverty alleviation scheme. According to the company’s Chief Corporate Communications Officer,...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Petroleum Refinery and Petrochemicals have pledged to deepen collaboration on Nigeria’s energy security. The aim according to them is to also advance shared prosperity for Nigerians. The commitment was made during a courtesy visit by the President/Chief Executive of...
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. National President of PETROAN, Dr Billy Gillis-Harry, made the call on Sunday in an interview with the News...
By DAVID IORJA, Abuja – President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele Kolo Kyari. President Tinubu in a statement on Wednesday by his media...
By JOY ADARA, Abuja – The NNPC Gas Marketing Ltd, a subsidiary of the NNPC Ltd, and its Unincorporated Joint Venture partner, NIPCO Gas Ltd, have executed a Gas Sale and Purchase Agreement (GSPA) with Ssonic Petroleum Ltd to supply natural gas to the company’s proposed Liquefied Natural Gas...
Nigerian National Petroleum Company (NNPC) Ltd has strongly refuted the false and misleading allegations made in a viral video circulating online, which claims that NNPC fuel does not last. Chief Corporate Communications Officer, NNPC Ltd., Olufemi O. Soneye, in a statement on Saturday , said the assertion is baseless...
By JOY ADARA, Abuja – The Nigerian National Petroleum Corporation (NNPC) Ltd. has clarified that there was no explosion at the Warri Refining and Petrochemical Company (WRPC). The Chief Corporate Communications Officer, NNPC Ltd, Olufemi Soneye, who clarified this in a statement on Friday in Abuja, said any reports...
…Says NNPC to unveil 12 CNG Stations Soon By OLA MODUPE, Lagos – Group Chief Executive Officer (CEO) of the Nigerian National Petroleum Company (NNPC) Ltd, Mele Kyari has reiterated the company’s commitment to resolving Nigeria’s energy trilemma, by ensuring energy security, sustainable growth and energy affordability. Kyari disclosed this...
There is a common saying that a lie may travel swiftly but the truth will ultimately catch up with it. The average Nigerian is beginning to discern through Dangote’s web of deceit and tissue of lies, which includes his spurious claims and baseless accusations against industry regulators and other...
By MBAFAN ADE, Abuja – Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over what it described as the failure by the President to direct the Nigerian National Petroleum Company Limited (NNPCL) to reverse the “apparently unlawful increase in the pump price of petrol, and...
In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become fashionable to blame the national oil company, the Nigerian National Petroleum Company Ltd (NNPC Ltd), for everything. Last week, it was Prof. Pat Utomi who railed and...
In line with its strategic vision to be a dynamic and reliable global energy supplier of choice, the Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered Ex-Ship (DES) basis. NNPC Ltd achieved the milestone through...
GCEO, NNPC Ltd, Mr Mele Kyari, when he received in audience the Chief of Defence Staff, Gen. Christopher Musa, and other senior military officers, at the NNPC Towers, in Abuja, on Tuesday. The Nigerian National Petroleum Company Limited (NNPC Ltd.), has urged the military to maintain the fight...
In its editorial of 2nd August, 2024, the BusinessDay newspaper, characteristically, launched another scurrilous and baseless attack on the Nigerian National Petroleum Company Limited (NNPC Ltd). In the editorial entitled: “NNPCL: Liability or Asset to Nigerians?”, the newspaper set out to paint the picture of NNPC Ltd that is...
The declaration of a state of emergency by the Nigerian National Petroleum Company Limited [NNPC Ltd] on crude oil production has yielded a positive outcome with the increase recorded in daily production from 1.25 million barrels per day [mbpd] in June to 1.61mbpd as of July 23, 2024. Group...