Tag: NNPC
FG pushes for fuel subsidy removal after Buhari’s exit
*Sylva mulls 18-month extension
Following engagements with stakeholders, President Muhammadu Buhari has approved an extension for the implementation of fuel subsidy removal.
Already, the Federal Government...
Alleged $9.8m fraud: Court decides ex-NNPC GMD’s fate March 31
Former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mr. Andrew Yakubu, will on March 31st knows his fate in the $9.8...
Sylva: Why FG suspended planned removal of fuel subsidy
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has explained why the Federal Government suspended the planned removal of fuel subsidy.
Sylva declared...
My refinery’ll start operation before September – Dangote
President of Dangote Group, Alhaji Aliko Dangote, has declared that the Dangote Refinery and Fertiliser projects will come on stream before the end of...
Araraume’s removal as NNPC Board Chair: Imo’s politics of self-destruction
By CHIKE MBONU
The removal of Senator Ifeanyi Araraume as chairman of the Board of the Nigerian National Petroleum Company Limited (NNPC) has brought to...
Court bars NNPC, Ministry from allocating crude oil to Addax Petroleum
Justice Tijjani Ringim of a Federal High Court in Lagos has granted Federal Government's motion barring the Nigerian National Petroleum Corporation (NNPC), Ministry of...
OPEC report: Nigeria sheds 43,000 barrels per day in crude production
Nigeria’s crude oil production dropped to an average of 1.338 million barrels per day in December 2021, the Organisation of the Petroleum Exporting Countries...
NNPC’ll shed toxic liabilities, says Kyari
Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari, has disclosed that the state-owned oil firm will shed...
Buhari to NNPC Board: Focus on profitability, value creation
President Muhammadu Buhari has urged the Board of the newly incorporated Nigerian National Petroleum Company (NNPC) Limited to ensure strict compliance with Corporate Governance...
NNPC targets 1.8m barrels per day, produces 1.74m
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has declared that the country now produces 1.74 million barrels of crude oil...
