Latest News for: Nnpc

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Petrol daily consumption rises to 103m litres, subsidy N150bn – NNPC

Business Day Online 23 Jun 2021
The Nigerian National Petroleum Corporation (NNPC) has revealed that smuggling of Premium Motor Spirit (PMS), also known as petrol, across Nigeria’s borders has pushed ...
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Nigeria: Oil Spillage - Court Orders Exxonmobil, NNPC to Pay Akwa Ibom Communities N82 Billion

All Africa 22 Jun 2021
The court says the payment must be paid within 14 days, otherwise eight per cent interest would accrue annually ....
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PDP governors berate presidency over comments on NNPC, CBN

Business Day Online 19 Jun 2021
The governors had in their recent meeting in Uyo, Akwa Ibom State, raised concerns over the operational method of Nigerian National Petroleum Corporation (NNPC) and the Central Bank of Nigeria (CBN) ... They argued that NNPC cannot spend money belonging to the other tiers of ...
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PDP governors berates presidency over comments on NNPC, CBN

Business Day Online 18 Jun 2021
The governors had in their recent meeting in Uyo, Akwa Ibom State, raised concerns over the operational method of Nigerian National Petroleum Corporation (NNPC) and the Central Bank of Nigeria (CBN) ... They argued that NNPC cannot spend money belonging to the other tiers of ...
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Deconstructing NNPC’s proposed investment in private refineries

Business Day Online 17 Jun 2021
The Nigerian National Petroleum Corporation (NNPC) is the only known state oil corporation in the country ... Before taking steps to invest in any private refineries, it is the submission of this writer that the NNPC, nay the government, should ponder on the above posers and concerns and take a decent approach.
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Big business, low profile: opaque oil contracts keeping Nigerians hooked on cheap petrol

Business Day Online 16 Jun 2021
The decision of the Nigerian National Petroleum Corporation (NNPC) to award the Direct Sale, Direct Purchase (DSDP) contracts whereby crude oil is swapped for petroleum products using middlemen has exposed the extent to the corporation is going to ensure Nigerians remain hooked on cheap fuel.
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Nigeria: NNPC, Egbin to Boost Gas-to-Power

All Africa 15 Jun 2021
The Nigerian National Petroleum Corporation (NNPC) and Egbin Power Plc have pledged to deepen collaboration to ensure the success of the Federal Government's gas-to-power programme ....
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Nigeria: NNPC, Egbin to Boost Gas-to-Power, Energy Transition

All Africa 15 Jun 2021
Both organisations, on Monday, announced their commitment to transforming the power sector ....
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Pipeline shutdown on Forcados cost NNPC, partners $99.8m in one month

Business Day Online 15 Jun 2021
The Nigerian National Petroleum Corporation (NNPC) and its other major partners lost over $99.8 million from the temporary shutdown of the Trans-Forcados Pipeline ...
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Ekiti governor, Fayemi, canvasses immediate sale of NNPC

Business Day Online 15 Jun 2021
Nigeria needs to sell some of its assets, including its oil company, the Nigeria National Petroleum Corporation (NNPC), to enable efficient management and more revenues, Ekiti State Governor Kayode Fayemi canvassed on Tuesday ... Read Also ... “It’s almost midnight in our country ... NNPC, for instance, needs to go,” he said.
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With Bonga, Nigeria signals its oil sector is open for business

Business Day Online 15 Jun 2021
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Proposed NNPC Partnership with Dangote Oil Refinery as a Masterstroke

Business Day Online 14 Jun 2021
When I read in the news recently, of the proposed plan of the Nigerian National Petroleum Corporation (NNPC) to acquire a twenty percent minority stake in Dangote Oil Refinery, I felt as if someone in the top management of the Corporation caught my trail of thoughts ... It is a positive development that our own NNPC is following this noble path.
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Nigeria’s high political risk puts energy sector on life-support

Business Day Online 14 Jun 2021
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