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NNPC Retail Commences Nationwide Audit of Delisted Trucks

NNPC Retail Commences Nationwide Audit of Delisted Trucks …Poised to Remain Globally Competitive NNPC Retail Limited, the downstream subsidiary of the Nigerian National Petroleum Corporation, with stake in supply and distribution of petroleum products has embarked on nationwide audit of its field operation to ensure all...

NNPC Justifies N147Billion June Remittance to FAAC

NNPC Justifies N147Billion June Remittance to FAAC The Nigerian National Petroleum Corporation (NNPC) has justified its N147billion June remittance to the Federation Accounts and Allocation Committee (FAAC), saying it is in line with the terms of agreement it had with governors on the matter. A release...

N36bn Royalty to Alesa-Eleme Community A hoax- NNPC

N36bn Royalty to Alesa-Eleme Community A hoax- NNPC The Management of the Nigerian National Petroleum Corporation (NNPC) has dismissed insinuation of an approved N36 billion compensation said to be due to Alesa-Eleme community in Rivers State as royalty for playing host to the Port Harcourt...

Kyari Appointed Nigeria’s OPEC Envoy

Kyari Appointed Nigeria’s OPEC Envoy The Nigerian National Petroleum Corporation (NNPC) has announced the appointment of Mallam Mele Kyari, incumbent Group General Manager in charge of its Crude Oil Marketing Division, as Nigeria’s National Representative to the Organization of the Petroleum Exporting Countries (OPEC). The NNPC...

NNPC Boosts Gas-to-Power Supply by 88.89%

NNPC Boosts Gas-to-Power Supply by 88.89% The Nigerian National Petroleum Corporation (NNPC) has increased the supply of gas to the power sector between January 2017 to January 2018 by 88.89%. The statement  by Mr. Ndu Ughamadu, NNPC Group General Manager, Group Public Affairs Division, said the...

Alleged Unrecovered TSA Funds: We Have no Hidden Accounts- NNPC

Says Bank Balance is $231.8m Not $793.2m The Management of the Nigerian National Petroleum Corporation, NNPC has provided an informed perspective to the trending media report alleging that the Corporation colluded with some banks to prevent the remittance of $793.2m into the Treasury Single Accounts,...