Audited Account: We Have Nothing to Hide, Kyari Tells Reps Committee
The Group Managing Director of the Nigerian National Petroleum Company Ltd, Mallam Mele Kyari on Tuesday told the House of Representatives Committee on Public Accounts that the Company has nothing to hide in its operations.The…
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IPMAN blames private depot owners for hike in PMS price
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday blamed private depot owners for the hike in the pump price of Premium Motor Spirit (PMS) in some parts of Nigeria.IPMAN’s National President, Mr Chinedu…
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NNPC Deductions From Federation Account Rise 40.5% to N883.56bn in Q1’22
The financial pressure on the three tiers of the Nigerian government is escalating as deductions from the oil revenue, the major source of inflow to the Federation Account, rise sharply.The Vanguard Public Finance Report findings…
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Radio stations reduce operation hours as rising cost of diesel bites harder on businesses
In a bid to adjust to the lingering diesel situation, Nigerian radio stations are now cutting down on operation hours.The unending diesel scarcity in Nigeria has forced many radio stations in the country to cut down their…
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NNPC Plans Pipeline Infrastructure To Deliver Gas To Europe
The Federal Government through the Nigerian National Petroleum Company Ltd is planning massive investments in pipeline infrastructure that will deliver gas from Nigeria to Europe through the North African region.The Group Managing…
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World Cup Ticket will serve as big relief for Nigerians – Pillar of Sports charges Eagles
Nigeria Pillar of Sports, Chief Donatus Agu Ejidike, has charged the Super Eagles of Nigeria to go all out to secure the Qatar 2022 World Cup ticket for Nigerians, to serve as a big relief to the current global economic situation as it…
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Elumelu, other oil magnates cry out, as huge volumes of crude oil are stolen from major pipeline
Between October 2021 and February 2022, huge volumes of crude oil stolen from the Trans Niger Pipeline in Nigeria.The development has prompted condemnation from major sectors in the Nigerian oil and gas sector, including Tony Elumelu…
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FG adopts new approach in fighting oil theft
The Nigerian National Petroleum Company Ltd. (NNPC), has strengthened collaboration with the Joint Security Task Force and other stakeholders to tackle oil theft and illegal refineries in Nigeria.The NNPC said the combined efforts…
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Reps reject committee’s report on adulterated fuel
The House of Representatives yesterday rejected the report of its Committee on Petroleum Resources (Downstream) which investigated the importation and distribution of adulterated Premium Motor Spirit (PMS, or petrol) into the country.
…
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Distribution Of 994.5 Million Litres To States
Nigeria’s two most populous states Lagos and Kano have received the highest allocation of fuel between March 7 and March 20, according to the Nigerian National Petroleum Company Ltd.The NNPC revealed this in a report titled ‘PMS…
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