NNPC To AuGF: We Spent N966bn On Pipeline Repairs       The Nigerian National Petroleum Corporation has explained that it spent N966bn to repair pipelines between 2010 and 2015. NNPC stated this in response to the query raised in the 2016 report of the Auditor General for the...

Nigeria Loses N151.78bn Crude Oil Monthly – NNPC       Nigeria is currently losing an average of 200,000 barrels of crude oil daily, the Nigerian National Petroleum Corporation stated on Wednesday. Brent, the oil against which Nigeria’s crude is priced, was $66.75 per barrel on Wednesday, while the...

NNPC Cuts Losses In Four Refineries By 53%         The Nigerian National Petroleum Corporation, NNPC, has cut down losses by 53 per cent in the first 10 months of 2020, due to none production in the nation’s four refineries, according to data obtained from its October...

Reps Summon NNPC Chief Over N3.9bn Non-remittance       The House of Representatives Committee on Public Accounts is expecting the Group Managing Director, Nigerian National Petroleum Corporation, Mr Mele Kyari, to appear before it on Thursday over an audit query issued by the Office of the Auditor...

Audit Query: NNPC, Subsidiaries Must Appear Before Us - Reps       The House of Representatives’ Committee on Public Accounts has insisted that the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, and heads of 17 subsidiaries of the corporation must appear before it...

House'll Pass PIB Into Law In April, Says Gbajabiamila       Speaker, House of Representatives, Femi Gbajabiamila has reiterated the commitment of the parliament to passing the Petroleum Industry Bill, PIB into law in April this year. The Speaker gave the assurance while making his remarks at the...