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Idle Refineries Cost Nigeria N13trn in Two Years

The Nigerian National Petroleum Company Limited (NNPCL) spent an estimated N13.2 trillion on its three state-owned refineries between 2023 and 2024.

Nigeria Needs $22bn for Gas Pipelines Project – NNPC

Nigeria may need up to $22 billion in new investments to deliver planned gas pipeline projects under the Nigerian National Petroleum Company Limited’s (NNPC) Gas Master Plan 2026, unveiled

Why We Shut Down the Refineries — Ojulari

Why We Shut Down the Refineries — Ojulari   The Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Company (NNPC Ltd), Engineer Bayo Ojulari, has given reasons why the operations of the government-owned refineries were stopped. Nigeria has four refineries two in Port Harcourt and...

Nigeria Refineries Run at ‘Monumental Loss’ – NNPC Boss

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bayo Ojulari, has admitted that Nigeria’s state-owned refineries were running at a “monumental loss,” forcing his team to halt operations to stop further financial damage.

NNPC, Dangote Sign Deal to Increase Refinery, Cement, Fertiliser Output

Three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant, and Dangote Cement Plc, have signed Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd), namely Nigerian Gas Marketing Limited and NNPC Gas Infrastructure Company Limited (NGIC).

NNPC Increases Petrol Price in Lagos, Abuja

The Nigerian National Petroleum Company (NNPC) Limited has increased petrol price to N835 per litre in Lagos, and N839 per litre in Abuja.