NNPC Moves 40bn Oil Reserves Target To 2025
The Nigerian National Petroleum Corporation has said it seeks to increase the nation’s crude oil reserves to 40bn barrels and production capacity to four million barrels per day by 2025.
The Federal Government in 2010 set the target...
NNPC Resolves To Add 215,000bpd Extra Refining Capacity For Refineries
In order to address the shortfall in the supply of petrol, the Nigerian National Petroleum Corporation (NNPC) Thursday said it had resolved to add 215,000 barrels per day (bpd) refining capacity to its existing nameplate...
NNPC, Customs, DPR Collaborate to Tackle Petroleum Products Smuggling
Worried by the growing incidents of petroleum products smuggling across the nation’s border towns, the Nigerian National Petroleum Corporation (NNPC), Nigeria Customs Service (NCS) and the Department of Petroleum Resources (DPR) have agreed to inaugurate a...
NNPC, Red Cross Partner on Disaster Management
The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to partner the Nigerian Red Cross Society (NRSC) towards developing the capacity of the corporation’s staff on disaster management.
Group Managing Director of the corporation, Dr. Maikanti Baru, disclosed...
Mega Federal Account Allocations: How FG, States, LGcs Shared N8tr in 2018
... FG Got N3.4tr, States/LGs N4.5tr
... Richest: Delta N285bn, Lagos N260bn, Kano N188bnÂ
... Poorest: Kwara N81bn, Ebonyi, Gombe N76bn each
A new report by the Economic Confidential has disclosed that the Federal Government,...
Fuel Will Continue To Sell For N145 Per Litre, Says NNPC
Despite increased landing cost of petroleum products, Premium Motor Spirit will continue to sell at N145 per litre, the Nigerian National Petroleum Corporation has said.
In a telephone interview with our correspondent in Abuja on...
