NNPC To Begin Sale Of Shares In 2024, Says Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has said that the earliest the corporation can issue its Initial Public Offer to investors is in the next three years.
The NNPC boss...
In Seven Months, NNPC Incurs N756.99bn Petrol Subsidy
The Nigerian National Petroleum Corporation incurred N756.99bn petrol subsidy cost from January to July this year, the latest data obtained from the corporation show.
The subsidy, which the NNPC prefers to call ‘value shortfall’ or ‘under-recovery’, resurfaced in...
NNPC Pegs 2022 Crude Oil Price At $57/barrel
The Nigerian National Petroleum Corporation on Wednesday provided a base crude oil price scenario in the medium term, stating that the commodity was pegged at $57/barrel for 2022.
Group Managing Director, NNPC, Mele Kyari, who disclosed this in...
PIA: FG Can Sell NNPC Shares To Individuals, Says Kyari
There is provision in the Petroleum Industry Act that gives room for individuals to acquire stakes in the new Nigerian National Petroleum Company Limited, the Group Managing Director, NNPC, Mele Kyari, said on Tuesday.
Kyari stated...
Host Communities To Get $500m Yearly From New PIB - Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, yesterday calmed frayed nerves among some indigenes of oil producing communities in the Niger Delta, maintaining that the three per...
Sacking, Redeployments Prepare Us For Unbundling - NNPC
The latest shakeup that led to the redeployments promotion and sacking of some senior management workers at the Nigerian National Petroleum Corporation was in preparation for the proposed unbundling of the oil firm, it was learnt on...
