The Minister of state for petroleum and Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), Ibe Kachikwu has…
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FG Set To Fully Deregulate Downstream Sector; Petrol To Sell Above N100/Litre
According to Premium Times, barring any last-minute change in plans, the federal government will, in a few days, introduce policy…
Read MoreFG Makes U-Turn & Returns Petrol Subsidy, Retains Official Pump Prices
The Federal Government on Saturday recommenced the payment of subsidy on petrol as it subsidised the commodity by N5.84 for…
Read MoreFG Set To Increase Petrol Pump Price Amidst Scarcity
The Federal Government is set to increase the pump price for petrol even as scarcity of the product lingers. A…
Read MoreSee The New Unit Heads NNPC Appointed
The Nigerian National Petroleum Corporation (NNPC) has announced new appointments, redeployment and secondments into key positions of the organisation. In…
Read MoreFG Officially Removes Subsidy – African Spotlight
The PPPRA is the government agency that regulates the prices of petroleum products in the country and its template has…
Read MorePay Me My Money – Fasehun To Buhari
The founder of the Odua People’s Congress, Dr. Fredrick Fasehun, has asked the President Muhammadu Buhari-led Federal Government to pay…
Read MoreFuel Not Scarce; Don’t Panic-Buy – NNPC To Nigerians
The Vanguard reports that the Nigerian National Petroleum Corporation (NNPC), Tuesday, called on Nigerians to desist from panic buying of…
Read MoreFG Has No Plans To Sell Refineries, JV Assets – Vice President
Vice President Yemi Osinbajo has said the Federal Government is not currently planning to sell the nation’s four refineries or…
Read MoreMarketers Give Three Conditions For Fuel Availability
Oil marketers have given three conditions for continued supply and distribution of petroleum products, as shortages crept in once again…
Read MoreStop Panic Buying; Fuel Not Scarce – NNPC To Nigerians
The Nigerian National Petroleum Corporation (NNPC), Tuesday, called on Nigerians to desist from panic buying of Premium Motor Spirit (PMS),…
Read MorePresidency Has A Re-Think About Petroleum Minister
According to The Vanguard, there is an indication that the Presidency has reversed itself on the petroleum ministerial position. The…
Read MoreI Will Be Petroleum Minister – Buhari
As the nation awaits President Muhammadu Buhari’s ministerial list, the President on Tuesday said he would head the Ministry of…
Read MoreNNPC Recommends Sale Of Refineries, Buhari Disagrees
The Nigerian National Petroleum Corporation has recommended the sale of the nation’s three refineries in Port Harcourt, Warri and Kaduna…
Read MoreNNPC Reduces Crude Oil Buyers From 43 To 16
The Nigerian National Petroleum Corporation on Thursday said it had reduced the number of crude oil off-takers for the proposed…
Read MoreNNPC Cancels Crude Oil Delivery Contracts To Refineries
The Nigerian National Petroleum Corporation (NNPC) on Thursday announced the cancellation of the terms of contract for the delivery of…
Read MoreFG Appoints KPMG, PwC to audit NNPC, CBN, Customs, Others
The National Economic Council’s ad-hoc committee on the management of the Excess Crude Account proceeds and accruals into the Federation…
Read MoreNNPC, Engine Room Of Corruption – Saraki
Senate President, Bukola Saraki, on Thursday, described the Nigerian National Petroleum Corporation as the engine room of corruption, lamenting that…
Read MoreFG Earns N14trn From Crude Export – NNPC
Barring other arrangements and deductions, Nigeria earned $74.512 billion, about N14.902 trillion, from crude oil export in 2014, according to…
Read MorePresident Jonathan Orders Immediate Release Of Report Of Forensic Audit Of NNPC
Below is a State House press statement… We have noted with concern, the allegation by the spokesman of the All…
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