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NNPC Cannot Justify N6.34tn Fuel Subsidy – Customs

The Nigerian National Petroleum Corporation (NNPC)

The Comptroller-General of Nigeria Customs Service, Col. Hameed Ali has come out to say that the Nigerian National Petroleum Company Limited (formerly Nigerian National Petroleum Corporation) cannot justify the volume of Premium Motor Spirit (petrol) being consumed in the country daily to warrant the over N6.34tn subsidy payment on the ...

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Churches And Mosques Are Now Homes Of Stolen Crude Oil Products – NNPC

The Nigerian National Petroleum Corporation (NNPC)

The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, Mele Kyari has come out to allege that stolen crude oil products are now stored in places of worship such as churches and mosques. He recently had his say while speaking to the press, and Nigerians have been ...

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Fuel Queues In Abuja Are Down To Increased Purchases During The Holidays – NNPC

The Nigerian National Petroleum Corporation (NNPC)

The Nigerian National Petroleum Corporation has come out to explain the sudden appearance of fuel queues in parts of Abuja. The NNPC spokesman, Garba Deen Muhammad recently had his say via a statement, and fans have been reacting. According to him, the fuel queues in Abuja are simply down to ...

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Our Trading Surplus Increased To N39.85bn In 30 Days – NNPC

The Nigerian National Petroleum Corporation (NNPC)

The Nigerian National Petroleum Corporation (NNPC) has come out to say that its trading surplus for the month of February 2021 increased to N39.85 billion. This is according to the corporation’s February 2021 Monthly Financial and Operations report (MFOR), and Nigerians have been reacting. According to NNPC, their operating revenue ...

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We’ll Maintain The Present Petrol Price – NNPC

The Nigerian National Petroleum Corporation (NNPC)

The Nigerian National Petroleum Corporation (NNPC) has come out to say that it will maintain the current ex-depot price of Premium Motor Spirit. The corporation recently disclosed this in a statement by its spokesman Dr Kenny Obateru, in Abuja, and Nigerians have been reacting. According to him, the present price ...

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Don’t Panic Buy, Ex-Depot Price Of Petrol Hasn’t Increased – NNPC

The Nigerian National Petroleum Corporation (NNPC)

The Nigerian National Petroleum Corporations (NNPC) has come out to say that it is yet to increase the Ex-depot price of Premium Motor Spirit (PMS) also known as petrol. The Group General Manager, Group Public Affairs Division of the Corporation, Dr Kennie Obateru, recently revealed this while addressing newsmen in ...

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Nigeria Is Currently Experiencing Decline In Oil Theft – NNPC

The Nigerian National Petroleum Corporation (NNPC)

Group Managing Director of the Nigerian National Petroleum Corporation NNPC, Kyari has come out to explain the reason for the decline in oil theft. He recently spoke at the resumed investigative hearing of the Ad-hoc Committee of the House of Representatives investigating crude oil theft, and Nigerians have been reacting. ...

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The Nigerian Army Will Help To Protect Our Assets – NNPC

The Nigerian National Petroleum Corporation (NNPC)

Nigeria crude oil production loses 200,000 barrels of crude oil daily to theft and vandalism every year, reports has said. This is coming after NNPC recently hailed the security agencies for their support, and called for more protection for NNPC’s operational assets and personnel. According to him, even if petroleum ...

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Buhari Does Not Get Involved In NNPC Operations – Malam Mele Kyari

The Nigerian National Petroleum Corporation (NNPC)

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari has come out to say that President Muhammadu Buhari has never interfered in the operations of the Corporation. He revealed this recently at a media interactive with the National Association of Energy Correspondents in Abuja. According ...

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NNPC’s Contribution To Our Fight Against Coronavirus Is Applaudable – Sanwo-olu

Babajide Sanwoolu

The Nigerian National Petroleum Corporation recently donated N21 billion worth of vehicles to the fight against Coronavirus in Lagos, Nigeria. The Group General Manager, National Petroleum Investment Management Services, NAPIMS, Mr. Bala Wunti revealed this today during the presentation of 16 operational vehicles to Lagos State Government, donated by NNPC ...

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Beware Of Fake Diesel In Nigeria – NNPC

The Nigerian National Petroleum Corporation (NNPC)

The Nigerian National Petroleum Corporation (NNPC) has come out to raise alarm over the sale of contaminated diesel for discounted prices in parts of the country. NNPC revealed this in a recent report by NNPC Retail Limited Managing Director, Sir Billy Okoye. According to him, motorists must be very careful ...

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Do Not Panic Buy Petroleum Products During The Lockdown Period – NNPC

The Nigerian National Petroleum Corporation (NNPC)

The Nigerian National Petroleum Corporation (NNPC) has come out to say that it has activated measures to guarantee smooth distribution of petrol across Nigeria throughout the lockdown period amid the coronavirus outbreak. In a recent statement in Abuja, Managing Director of the Petroleum Products Marketing Company (PPMC), the NNPC’s downstream ...

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Nigerians Must Prepare For The Troubles Coronavirus Will Bring – NNPC

The Nigerian National Petroleum Corporation (NNPC)

The Group Managing Director (GMD), NNPC, Mr. Mele Kyari has come out to say that Nigerians should prepare for trouble as the world experiences global oil price crash. Oil prices have fallen to about $32 per barrel while the nation’s federal government 2020 budget was benchmarked at $57 per barrel. ...

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Any Threat To NNPC Is A Threat To The Survival Of Nigeria – Malam Mele Kyari

The Nigerian National Petroleum Corporation (NNPC)

The Nigerian National Petroleum Corporation (NNPC) has come out to say that Nigeria lost around 750 million dollars to oil theft last year. The NNPC Group Managing Director, Malam Mele Kyari revealed this in a recent statement signed by the Acting spokesman for the corporation Mr. Samson Makoji, in Abuja. ...

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$50m discovered in Ikoyi allegedly belongs to sacked NNPC MD, Esther Nnamdi-Ogbue

According to SaharaReporters, the $50 million discovered in a residential building located at Osborne Towers, Ikoyi, by the Economic and Financial Crime Commission (EFCC) belongs to the sacked Managing Director, Operations at the Nigerian National Petroleum Corporation (NNPC), Esther Nnamdi-Ogbue. She was sacked alongside other three top Managing Directors at ...

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Photos of $9.2 million and �72, 000 recovered from ex NNPC boss

Report of EFCC recovering $9.2 million and �72,000 from Andrew Yakubu, the former boss of NNPC was published earlier. The staggering amount of money was carefully stashed away in a fire proof safe in a facility within the slums of Sabon Tasha area of Kaduna. Bitrus Yakubu, younger brother of ...

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Chef Of NNPC Managing Director Absconds With $6m In Cash And Jewelry (Photo)

A cook who served Esther Nnamdi-Ogbue, a Managing Director at the Nigeria National Petroleum Corporation (NNPC) in Abuja, has absconded with cash and pieces of jewelry worth $6million. According to a report by Sahara Reporters, it was gathered that the man, identified as Gabel Segbedji, a national of Benin Republic, ...

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NNPC Says Fuel At N145/Liter No Longer Sustainable

photo by afp

Former and present Group Managing Directors of the Nigerian National Petroleum Corporation have expressed fears that the current pump price of N145 per litre is no longer feasible. According to them, the amount does not correspond with the price-determining components of the commodity and the fluctuations of the foreign exchange ...

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Senate summons Ibe Kachikwu over fuel scarcity

The Senate has summoned the Minister of state for Petroleum Resources and Group Managing Director of NNPC, Ibe Kachikwu, to appear before it today March 29th to explain reasons for the lingering fuel scarcity. ‎The Acting Chairman of the Senate Committee on Petroleum Resources (downstream), Jibrin Barau, announced this after ...

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NNPC says Fuel Scarcity to End Soon

Nigeria National Petroleum Corporation (NNPC) has said that the fuel scarcity and queues in fuel stations will soon come to an end. The Corporation said this in a statement on Wednesday. Read statement below…

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