Some energy stakeholders have berated the Nigerian National Petroleum Company Ltd. (NNPCL) over delay in getting the Port Harcourt Refinery operational, to address recurrent fuel scarcity and price hike. The stakeholders spoke to the News Agency of Nigeria (NAN) on Wednesday in Abuja against the backdrop of the unending...
NNPCL
The Nigerian National Petroleum Company Ltd. (NNPCL) has increased the price of petrol from N585 to between N855 and N890 per litre, the News Agency of Nigeria (NAN) reports. NAN correspondents, who monitored the situation in Lagos metropolis, observed that in the midst of ongoing fuel shortages and crises,...
By EZEKIEL OBI, Abuja- Former Anambra governor and Labour Party presidential candidate Peter Obi has called on the Federal Government to come clean on the operations of the Nigerian National Petroleum Company Limited (NNPCL) amidst the lingering fuel scarcity crisis in the country. Obi, in a statement on his...
The Senate Committee on Public Accounts on Tuesday, took a swipe at managements of the Nigerian National Petroleum Company Limited (NNPCL) and other agencies. This is for their persistent refusal to respond to queries raised against them in the 2019 Audit report. Chairman of the committee, Sen. Ahmed...
By AUDU LIBERTY OSENI – Nigeria’s major oil company, Nigerian National Petroleum Corporation Limited (NNPCL), in what appears to be a common practice of disregard for accountability, says it is not under obligation to disclose its dealings and be accountable to the public in the way it operates. NNPCL...
The Arewa Oil and Gas Marketers Association (AROGMA), said it has concluded arrangements to invite foreign companies to invest in the domestic gas utilization value chain in the country, especially in the northern part of the country. The Chairman of AROGMA, Alhaji Bashir Dan-Mallam, made the disclosure at a...
The Nigerian National Petroleum Company (NNPC) Ltd. and UTM Offshore Ltd. on Thursday signed the Heads of Terms Agreement to provide clean energy to Nigerians through the UTM FLNG Project. The signing ceremony, which took place in Abuja, allows 20 per cent equity contribution of the NNPCL in the...
The Nigerian National Petroleum Company Limited (NNPCL) on Thursday said that Nigerians have missed enormous infrastructure development due to the protracted fuel subsidy regime in the country. The NNPCL disclosed that the amount spent on fuel subsidy payment could provide 7,500km of road network at N400 million per kilometre...
By SADIQ ABUBAKAR, Maiduguri – President Muhammadu Buhari on Thursday said Borno State Governor, Babagana Zulum, who is seeking a second term in office, deserves to be re-elected. He sated this on Thursday while inaugurating the Maiduguri Emergency Power Project among other capital projects. President Buhari commended the governor...
The morale of staff of the Nigerian National Petroleum Company Limited (NNPCL) was boosted within the week as the House of Representatives declared support to the quest by the company to embark on the rehabilitation of the nation’s refineries. The support was declared by the house ad hoc Committee...