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NNPCL Controversy: Arewa Economic Forum Raises Alarm as EFCC, DSS Refute Claims

NNPCL Controversy: Arewa Economic Forum Raises Alarm as EFCC, DSS Refute Claims The Arewa Economic Forum (AEF) has called on the Federal Government to provide an official clarification regarding reports that the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr....

Purported Resignation: Who are after NNPC Boss Bashir Ojulari?

Purported Resignation: Who are after NNPC Boss Bashir Ojulari? A cloud of uncertainty hangs over the Nigerian National Petroleum Company Limited (NNPCL) following conflicting reports about the status of its recently appointed Group Chief Executive Officer (GCEO), Bayo Ojulari. While some claim he has resigned,...

NNPCL Rules Out Sale Of P’Harcourt Refinery

NNPCL Rules Out Sale Of P’Harcourt Refinery The Nigerian National Petroleum Company Limited has declared that the Port Harcourt Refining Company is not for sale and also confirmed its intention to raise additional funding to complete the rehabilitation of PHRC and the other two refineries...

Senate Gives NNPC Three Weeks to Respond to N210tn Audit Query

Senate Gives NNPC Three Weeks to Respond to N210tn Audit Query The Senate on Tuesday gave the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, three weeks to respond to queries raised in audit reports covering the period from 2017...

Nigeria’s Crude Output Surpasses OPEC Quota in June – NNPCL 

Nigeria’s Crude Output Surpasses OPEC Quota in June - NNPCL  Nigeria’s average daily crude oil production in June 2025 exceeded the limit set by the Organisation of the Petroleum Exporting Countries (OPEC), marking a significant boost in the nation’s oil output For the second time in...

NNPCL Sacks MDs of Port Harcourt, Warri, Kaduna Refineries

NNPCL Sacks MDs of Port Harcourt, Warri, Kaduna Refineries The Nigerian National Petroleum Company Limited (NNPC) has removed the Managing Directors of its three state-owned refineries and directed management staff with less than a year to retirement to proceed on exit. In what appears to be...