NNPCL Ending Crude Oil Swap Contracts - Kyari   The National Petroleum Company Limited (NNPCL) has said it is winding down crude swap contracts with traders and will pay cash for petrol imports. The Group Chief Executive Officer of NNPCL, Mele Kyari, disclosed this in an interview...

NNPC, Not FG Funded Subsidies For 2022, First Half of 2023 - Kyari By Ozumi Abdul Group Chief Executive Officer of the National Petroleum Company Limited (NNPCL), Mele Kyari, has revealed that the company and not the federal government was responsible for the funding of subsidies...

Fuel Depots Shutdown Amid Scarcity   Motorists, workers and traders were yesterday caught unaware by the sudden reappearance of fuel scarcity across the states and the Federal Capital Territory (FCT). While at some bus stops, hordes of commuters struggled to board commercial buses, many filling stations were...

Spending On Petrol May Rise To N8trn After Subsidy Removal   Petrol consumers may pay about N8.4trn for Premium Motor Spirit, popularly called petrol, between July and December 2023 once the Federal Government stops subsidy on PMS in June, latest findings and industry data showed. This represents...

70% Of NNPC’s AKK Gas Pipeline Delivered, Project Not Abandoned – Kyari   The Nigerian National Petroleum Company Limited (NNPC) has spent $1.1 billion (about N506.6 billion) on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project, delivering 70 per cent of the trunk welding. The Group Chief Executive Officer...

Book Launch: Danbatta, Kyari, others to Receive Merit Award The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Umar Danbatta and Mr Mele Kyari, the Group Managing Director of Nigeria National Petroleum Company Limited (NNPCL) are among Nigerians to be honoured with merit...