Fuel Depots To Pay NNPC’s Shipping Charges In Naira   The Nigerian National Petroleum Corporation has agreed to accept naira payments from depot owners for the use of its vessels for transporting petroleum products to their facilities, as part of efforts to ensure smooth supply and...

We Have Over 1.7bn Litres Of Petrol - NNPC   The Nigeria National Petroleum Corporation (NNPC) Limited yesterday advised consumers not to engage in panic buying of Premium Motor Spirit (PMS) as it has over 1.7 billion litres of the product. Its Group General Manager, Group Public...

New NNPC As It Affects Host Communities Development, by Ismaila Jimoh   It was during the tenure of Former President Olusegun Obasanjo between the year 1999 – 2007 that the journey to what is now known as the new Nigerian National Petroleum Company Limited started. Before now,...

Subsidy Payment Costs N864.07bn In Nine Months – NNPC   The Nigerian National Petroleum Corporation spent a total of N864.07bn between January and September subsidising Premium Motor Spirit, popularly known as petrol. This amount represents 31 per cent of the total revenue of N2.7tn generated by the...

NNPC Dismisses Price Hike Rumour, Admits Hitches In Depots   The Nigerian National Petroleum Corporation has admitted that there are pricing issues at some petrol depots in the country but ruled out any hike in the pump price of the product. The Economic Confidential had reported on...

NNPC’s Contribution To Federation Account Drops By N13bn In September     The contribution of the Nigerian National Petroleum Corporation (NNPC) to the Federation Account fell by about N13 billion in September, a document detailing the corporation’s monthly presentation to the Federation Account Allocation Committee (FAAC) has...