HomeTagsNNPC

Tag: NNPC

Reps Kick As Kyari Keeps Mum On Oil Swap Deal

Reps Kick As Kyari Keeps Mum On Oil Swap Deal   The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday, finally appeared before the House of Representatives’ Ad Hoc Committee on the State of Refineries in Nigeria. However, Kyari could not...

Refineries Probe: Reps Mandate Sylva, Kyari To Appear Before Committee 

Refineries Probe: Reps Mandate Sylva, Kyari To Appear Before Committee  The House of Representatives’ Ad Hoc Committee on the State of Refineries in Nigeria says it is mandatory for the Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, to appear before...

NNPC Explains Why Fuel Queues Have Returned in Abuja

NNPC Explains Why Fuel Queues Have Returned in Abuja The Nigerian National Petroleum Company Ltd, NNPC, has revealed that the recent fuel queues in Abuja is likely caused by low loadouts at depots which usually happens during long public holidays. The NNPC disclosed this in a...

FAAC Rakes In N1.9trn In 3 Months Despite Non-Remittance By NNPC

FAAC Rakes In N1.9trn In 3 Months Despite Non-Remittance By NNPC The Federal Accounts Allocation Committee has disbursed the sum of N1.99 trillion in the first quarter of 2022 despite zero remittance by the Nigerian National Petroleum Company Ltd, (NNPC). This comes in the wake of...

NNPC, FIRS, 2 Others Generate Over N28trn in 3yrs

NNPC, FIRS, 2 Others Generate Over N28trn in 3yrs The Federal government of Nigeria between 2017 and 2019 received a credit alert of N28.02 trillion from four agencies. The revenue earned was disclosed by the Nigeria Extractive Industries Transparency Initiative (NEITI) in its Fiscal Allocation and...

NNPC To Deduct N672bn As Subsidy Hits N1.35tn In Four Months

NNPC To Deduct N672bn As Subsidy Hits N1.35tn In Four Months The Nigerian National Petroleum Company Limited latest report has revealed tht the subsidy on Premium Motor Spirit, called petrol, has risen to N675.93bn between January and March 2022. The NNPC group has informed the Federation...