Tag Archives: NNPC

Nigerian National Petroleum Company (NNPC) Limited has released a report showing that no fewer than 36 oil blocks are under concession to international oil companies operating in Nigeria and their indigenous counterparts in the country.   Eight blocks are located in deepwater, five blocks are continental shelf, fifteen blocks are …

IrThe Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for the 2024 Budget were realistic and realizable. The Group Chief Executive Officer (GCEO) of the Company, Mele Kyari, gave the assurance during an interactive session with the Senate Committee …

Former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has called for a proper audit of the Nigerian National Petroleum Company Limited (NNPCL).  Sanusi made this known while delivering his remarks at The Bank Directors Summit holding at the Congress Hall of the Transcorp Hilton in Abuja.  …

The Nigerian National Petroleum Company (NNPC) Limited has warned Nigerians against panic buying stating that it has enough fuel reserves. The retail management of the NNPC in a statement on Thursday, October 19 said the queues recently being seen in parts of Lagos and Abuja are due to reduced Depot …

The Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, has disclosed that petrol consumption has declined by 30 percent following the removal of petrol subsidy by President Bola Tinubu.    Speaking at a media briefing by the Minister of Finance and Co-ordinating Minister …

Galadima made this known while responding to questions on the recent meeting between the NNPP presidential candidate, Rabiu Musa Kwankwaso, and Tinubu in Paris, the French capital. It was reported that the President-elect was able to convince Kwankwaso to join his government of national unity after a meeting between the …

This decision came after the adoption of a motion of urgent public importance, which was moved by Ibrahim Kawu. During the session, Mr Kawu revealed that the money in question was diverted by staff of Nigerian National Petroleum Corporation, NNPC, under the guise of “consultation fees.” He emphasised the importance …

Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Corporation Limited, Mele Kyari has stated that petrol scarcity witnessed across the country is not a deliberate action to scuttle the forthcoming election.    Appearing on NTA?s ?Good Morning Nigeria? programme on Thursday, February 2, Kyari disclosed that the petrol …

Group Chief Executive Officer, Nigerian National Petroleum Corporation (NNPC) Limited, Mele Kyari, has announced the discovery of oil in Nasarawa State.   Kyari said the official spud-in of first oil well in the state will commence in two months. A tweet shared by NNPC read;    “Group CEO @nnpclimited @MKKyari …

The Nigerian National Petroleum Company (NNPC) Limited has denied claim of exporting 17.877 million barrels of crude oil without proper documentation from 2016 to 2020.   The former auditor-general of the federation (AuGF) had been quoted in an earlier report, claiming that some barrels of crude oil were exported without completing the required Nigeria export …