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NNPC Disagrees as Report Puts Petrol Debt at $6bn

NNPC Disagrees as Report Puts Petrol Debt at $6bn Nigeria’s debt to suppliers of Premium Motor Spirit, popularly called petrol, has surpassed $6bn, doubling what it was since early April, as the Nigerian National Petroleum Company Limited struggles to cover the gap between fixed pump...

Oil Theft: NNPC Uncovers New165 Illegal Refineries in Niger Delta 

Oil Theft: NNPC Uncovers New165 Illegal Refineries in Niger Delta  The Nigerian National Petroleum Company Limited said it uncovered another 165 illegal refineries in various locations across the Niger Delta in a week. According to a NNPC documentary between June 15 and 21, about 400 incidents...

Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts

Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts Experts believe that prices of petrol and diesel may not crash significantly despite the commencement of production at the Dangote Petroleum Refinery. With the removal of subsidy on petrol in May 2023, the price...

Mele Kyari, Others Summoned Over Alleged ‘Diversion’ of $72m

Mele Kyari, Others Summoned Over Alleged ‘Diversion’ of $72m Mele Kyari, group chief executive officer of the Nigerian National Petroleum Company (NNPC) Limited, has been invited to appear before the house of representatives committee on public petitions over an alleged “diversion” of $72 million belonging...

NNPCL to Launch Three LNG Projects in August – Kyari

NNPCL to Launch Three LNG Projects in August - Kyari The Nigerian National Petroleum Company Limited announced that it would hold the ground-breaking of three mini-Liquefied Natural Gas projects in August this year. NNPC’s Group Chief Executive Officer, Mele Kyari, announced this in Abuja at the...

NNPC Ltd Condoles with Tijjani Babangida over Loss of Brother, Son

NNPC Ltd Condoles with Tijjani Babangida over Loss of Brother, Son Yesterday, the NNPC Ltd paid a condolence visit to Nigeria’s Ex-International, Tijjani Babangida, over the tragic loss of his son, Fadil, and brother, Ibrahim Babangida, as a result of the ghastly road accident which...