Petrol Subsidy Rises To N500bn
With the Federal Government leaving the pump price of Premium Motor Spirit (petrol) unchanged in the first five months of this year despite the increase in global oil prices, subsidy on the product is estimated to gulp N500bn in the...
No Petrol Price Increase In May - NNPC
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Monday announced that there would be no increase in the ex-depot price of Premium Motor Spirit, popularly called petrol, in May.
NNPC has maintained an...
Oil, Gas Export Revenue Dipped By $2.23bn In 2020 – NNPC
The total revenue generated by the Nigerian National Petroleum Corporation from crude oil and gas exports plunged by 45.98 per cent last year amid the COVID-19 induced collapse in price and demand.
Nigeria’s revenue from...
The Unwinning War? The Parliament Invitation To The Nigerian Army, by Jimoh Ibrahim CFR
Professor Matthias Strohn. Camberley’s desire of the military discussion opened the unpredicted paranoia ‘black box’ to inside the military and its operational strategy that left nothing to kept of the ethics...
NNPC Records 37.21% Drop in Oil Pipeline Vandalism in January
…Increases Gas Supply for Power Generation
The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 % decrease in cases of pipeline vandalism across the country in the month of January 2021.
This is contained in the...
NNPC Signs $1.5bn P/Harcourt Refinery Repair Contract, Targets 18-month Completion
The Nigerian National Petroleum Corporation on Tuesday officially signed the contract with Tecnimont SPA for the $1.5bn rehabilitation programme of the Port Harcourt Refining Company.
Parties in the agreement also announced the commencement of the project...
