Tag: NNPC

  • NNPC Uncovers Illegal 4km Pipeline Used To Steal Oil For Nine Years

    NNPC Uncovers Illegal 4km Pipeline Used To Steal Oil For Nine Years

    The Nigerian National Petroleum Company (NNPC) Limited has uncovered an illegal oil connection from Forcados Terminal that operated for nine years. NNPCL Chief Executive Officer, Mele Kyari, disclosed this on Tuesday at the Senate’s joint committees on Gas and Petroleum (Upstream and Downstream), where he also apologised for skipping the last briefing on health grounds.…

  • Breaking: NNPC Sacks 500 workers, Give Hug Go Home Package

    Breaking: NNPC Sacks 500 workers, Give Hug Go Home Package

    NNPC Ltd reportedly Terminates Appointments of 500 Staff give conditions, deadline for them to leave 500 staff of the Nigerian National Petroleum Company Limited (NNPC) has said to have receive email terminating their appointment This is coming days after the NNPC limited was officially unveiled by President Buhari The staff have been given a condition…

  • Full List of NNPC 23 Subsidiaries, what they do, percentage of Ownership, Country of Operation

    Full List of NNPC 23 Subsidiaries, what they do, percentage of Ownership, Country of Operation

    Full List of NNPC 23 Subsidiaries, what they do, percentage of Ownership, Country of Operation On Tuesday, 19 July 2022, President Muhammdu Buhari officially unveiled a new NNPC This brings to an end of 44 years operating as a government entity and a beginning of a private company In NNPC there are over 23 subsidiaries,…

  • What Buhari said during unveiling of NNPC Limited

    What Buhari said during unveiling of NNPC Limited

    President Muhammadu Buhari, Tuesday in Abuja, unveiled the new Nigerian National Petroleum Company Limited (NNPC Limited), affirming that the company is mandated by law to ensure that Nigeria’s National Energy Security is guaranteed. Speaking at the historic occasion at the State House Conference Centre, the President said Africa’s largest National Oil Company (NOC) would also…

  • NNPC increases petrol pump price to N179/ liter

    NNPC increases petrol pump price to N179/ liter

    The Nigerian National Petroleum(NNPC) Limited has approved an upward review in the pump price of Premium Motor Spirit(PMS) from N165 per litre to N179 per litre, effective today (Tuesday). NNPC Limited in a notice to fuel marketers directed them to change the petrol price on pumps to the new price effective today (Tuesday). This was…

  • Reps to investigate NNPC fuel subsidy claim from 2017-2021

    Reps to investigate NNPC fuel subsidy claim from 2017-2021

    The House of Representatives, has constituted an Ad-hoc Committee to investigate the Petroleum Products Subsidy regime between 2017 and 2021 by the Nigerian National Petroleum Company (NNPC). This followed the adoption of a motion by Rep. Sergius Ogun (PDP-Edo), on the floor of the House on Wednesday in Abuja. In his motion, Ogun said he…

  • NNPC Weekly: Accolades for company as PIA necessitates major reforms

    NNPC Weekly: Accolades for company as PIA necessitates major reforms

    The Nigerian National Petroleum Company Limited (NNPC Ltd.) started it activities for the new week with words of commendation from the Nigeria Extractive Industries Transparency Initiative (NEITI). The Executive Secretary of NEITI, Dr Ogbonnaya Orji, stated at the first National Extractives Dialogue (NED) held in Abuja, that the NNPC Ltd. was now compliant with transparency…

  • IPMAN wants petroleum authorities to enforce approved price on private depot owners

    IPMAN wants petroleum authorities to enforce approved price on private depot owners

    The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to mandate private depot owners to sell petroleum products at approved government prices. This is contained in a statement by the IPMAN Chairman, Kano Chapter, Alhaji Bashir Danmalam, on Tuesday in Kano. He sàid the call…

  • NNPC Weekly: Kyari, Sylva reap benefits of hard work, bag media awards

    NNPC Weekly: Kyari, Sylva reap benefits of hard work, bag media awards

    The Nigerian National Petroleum Company Limited (NNPC Ltd.) started its activities for the week with the good news that Vanguard Newspapers nominated the company’s Group Managing Director (GMD) Malam Mele Kyari, for its 2021 Man of the Year Award. The Chairman Editorial Board of Vanguard Newspapers, Ochereome Nnanna, disclosed this when he led other members…