NNPC

The Senate has summoned the Minister of state for Petroleum Resources and Group Managing Director of NNPC, Ibe Kachikwu, to appear before it today March 29th to explain reasons for the lingering fuel scarcity. ‎The Acting Chairman of the Senate Committee on Petroleum Resources (downstream), Jibrin Barau, announced this after ...

Nigeria National Petroleum Corporation (NNPC) has said that the fuel scarcity and queues in fuel stations will soon come to an end. The Corporation said this in a statement on Wednesday. Read statement below…

The nationwide scarcity of petrol worsened on Wednesday as oil workers embarked on a full-scale industrial action, which led to the shutdown of the corporate headquarters of the Nigerian National Petroleum Corporation in Abuja as well product depots, mega filling stations and other critical facilities. The workers, under the aegis ...

The Nigerian National Petroleum Corporation, NNPC, has been unbundled into seven independent operational units by President Muhammadu Buhari. The Minister of State for Petroleum Resources, Ibe Kachikwu, who made this disclosure in Abuja on Tuesday, noted that five of the seven operational units would focus mainly on business, in line ...

Sympathisers wept profusely in Arepo area of Ogun State yesterday as no fewer than 110 suspected petroleum pipeline vandals were roasted to death. The incident occurred along the Nigerian National Petroleum Corporation (NNPC) pipeline. According to LEADERSHIP ,the vandals were scooping fuel when it ignited the fire, which raged for ...

President Buhari has dissolved the board of the Nigeria National Petroleum Corporation, NNPC. The directive to dissolve the board was conveyed in a letter signed by the Head of Civil Service, Danladi Kifasi dated today June 26th.

The spokesperson of the Nigeria National Petroleum Corporation, NNPC, Mr Ohi Alegbe says that Nigeria’s four refineries – two in Port Harcourt, one in Kaduna and the other one in Warri will resume production next month. �The refineries at Warri, Port Harcourt and Kaduna will resume next month after a ...

Emir Muhammed Sanusi of Kano has again reiterated his stance that the Nigerian National Petroleum Corporation (NNPC) failed to remit billions of dollars to the federation account. Speaking through a piece he wrote for Financial Times, the Kano Emir stated that he can be suspended as Governor of the Central ...

PricewaterHouse Coopers PWC on the financial management of the NNPC has revealed that there were many cases of duplicated subsidy payment by the NNPC to many oil marketers between 2012 and 2013. According to the report, payment of subsidies for petrol (PMS) and kerosene (DPK) between January 2012 and July ...

President-elect Gen. Buhari has signified interest to probe the alleged missing $20 billion from the coffers of the NNPC. Speaking with APC members from Adamawa state at the APC National headquarters in Abuja on April 26th, Gen Buhari queried the dismissal of Former CBN governor now Emir of Kano Muhammad ...

A bomb blast occurred this morning at NNPC mega station along Maiduguri road in Kano state. See press statement from the police… Today, 28-07-14 at about 10:00am, another suicide bomb went off at Nigerian National Petroleum Corporation NNPC Mega Filling Station at Hotoro Quarter along Maiduguri Road, Kano. A suicide ...

Dear NNPC, Please forgive me and other Nigerians for helping you look for your missing $20billion instead of minding our ‘own business’. We were misled by the following: 1. Sanusi; who said “your money” was missing when you, “the owner” has not said “your money” is missing. 2. APC; who ...

Contrary to claims by the National Petroleum Corporation (NNPC) that the fuel scarcity was caused by hoarding, fresh investigations reveal that the problem is a result of late release of import allocation to oil marketers, gap in importation and short-supply of petroleum products to filling stations. It was gathered that ...