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NNPC Positioned To Lead Africa In Energy Transition – Kyari

NNPC Positioned To Lead Africa In Energy Transition - Kyari The Nigerian National Petroleum Company (NNPC) Limited yesterday gave an account of how it has positioned itself to lead Africa in energy transition. The Chief Executive Officer and Group Managing Director, Malam Mele Kyari disclosed this...

Refineries Rehabilitation Gulped N100bn In 2021 – NNPC

Refineries Rehabilitation Gulped N100bn In 2021 - NNPC   The Nigerian National Petroleum Company Limited has said it spent N100bn on refineries’ rehabilitation in 2021 and that funds were pumped into revamping the facilities on a monthly basis last year. It disclosed this in a report on...

NNPC Secures $5bn Funding From Afreximbank For Upstream Business

NNPC Secures $5bn Funding From Afreximbank For Upstream Business   The Nigerian National Petroleum Company Limited (NNPC) has secured a $5 billion corporate finance commitment from the African Export-Import Bank (Afreximbank) to fund major investments in Nigeria’s upstream sector. The funding commitment was sequel to a meeting...

NNPC Presents N3trn Subsidy Bill For 2022 To FEC

NNPC Presents N3trn Subsidy Bill For 2022 To FEC   The Nigerian National Petroleum Company, NNPC, Limited has presented to the Federal Executive Council FEC a bill of N3 trillion as what is required in 2022 for payment of petroleum subsidy. This was disclosed by the Minister...

With N4.56trn Encumbrances, NNPC To Shed Toxic Liabilities In 2022 – Kyari

With N4.56trn Encumbrances, NNPC To Shed Toxic Liabilities In 2022 - Kyari   Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, has said with the implementation of the Petroleum Industry Act (PIA), the company will do away with a major...

NNPC, Others May Reconstruct Federal Roads In Ogun, Says Buhari

NNPC, Others May Reconstruct Federal Roads In Ogun, Says Buhari   President Muhammadu Buhari on Thursday, disclosed that the Federal Government is considering giving approval for the reconstruction of some federal roads in Ogun State by the Nigerian National Petroleum Company and other companies under tax...