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 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 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 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...

Q1 2023: NNPC To Deliver $2.6bn Gas Pipeline The Managing Director, Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, has assured that the ongoing 40-inch by 614km Ajaokuta-Kaduna-Kano gas pipeline project would be completed before the incumbent government elapses its tenure. Kyari mentioned this while...

Oil Theft: NNPC Seeks Special Court The Nigeria National Petroleum Corporation (NNPC) Ltd, has called for the establishment of special courts for the prosecution of oil thefts. The Group Managing Director of NNPC, Mele Kyari, made the call on Thursday in Abuja, when he appeared before...