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With $139m Global Oil Price, Subsidy Payments Threaten Nigeria’s Stability

With $139m Global Oil Price, Subsidy Payments Threaten Nigeria's Stability As oil prices soar to record levels, many Nigerians, ordinarily, would expect that their country would be raking in billions of dollars and realising accretion in external reserves, as was the case in the past,...

NNPC Moves To Buy FG’s Power Plants

NNPC Moves To Buy FG’s Power Plants   The Nigerian National Petroleum Company Limited (NNPCL), formerly Nigerian National Corporation (NNPC), has expressed interest to participate in the acquisition of the power plants put up for sale by the Federal Government through the Nigeria Integrated Power Plants...

Queue To End In A Few Days, Says NNPC- Fuel Scarcity

Queue To End In A Few Days, Says NNPC- Fuel Scarcity The Nigerian National Petroleum Corporation Limited has assured Nigerians that the company had placed significant orders of over 2.1 billion litres of methanol-free petroleum to ensure that the long queues of petroleum end in...

NNPC Apologizes For Fuel Scarcity

The Group Managing Director (GMD) of Nigeria National Petroleum Corporation (NNPC) Ltd, Mele Kyari, has apologised to Nigerians for the hardship of the current fuel scarcity. Kyari apologized on Wednesday at a hearing in the House of Representatives Committee on Petroleum Resources (Downstream) The GMD also...

NNPC Adopting Three Strategies To Carbon-neutral Economy – Kyari

NNPC Adopting Three Strategies To Carbon-neutral Economy - Kyari   The Nigerian National Petroleum Company Limited is adopting three strategies to achieve a carbon-neutral economy and reduce global warming as well as other effects of climate change in Nigeria. The Group Managing Director, NNPC, Mele Kyari, said...

NNPC Positioned To Lead Africa In Energy Transition – Kyari

NNPC Positioned To Lead Africa In Energy Transition - Kyari The Nigerian National Petroleum Company (NNPC) Limited yesterday gave an account of how it has positioned itself to lead Africa in energy transition. The Chief Executive Officer and Group Managing Director, Malam Mele Kyari disclosed this...