Tag:Nigerian National Petroleum Company Limited

Why NNPC’s N5.4 Trillion Profit Is Hiding a N30.3 Trillion Debt Problem

Despite its transition into a fully commercial entity, the Nigerian National Petroleum Company Limited is facing mounting financial strain as debts owed by its...

Why NNPC shut down Port Harcourt Refinery

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that the Port Harcourt Refining Company (PHRC) will undergo a scheduled maintenance shutdown commencing...

World Bank Accuses Kyari-Led NNPC of Withholding Subsidy Removal Savings

The World Bank has raised concerns over the Nigerian National Petroleum Company Limited (NNPCL)'s handling of funds from the petrol subsidy removal. According to the...

EFCC probes Mele Kyari,  14 NNPC executives over misappropriation of $2.9bn refinery funds

The Economic and Financial Crimes Commission (EFCC) has commenced an investigation into alleged abuse of office and misappropriation of public funds by several former...

Massive Shake-Up at NNPC as Refinery Chiefs Are Sacked

The new management of the Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed the Managing Directors of its three refineries as part of...

Nigeria’s Oil Sector and the ‘Very Bad People’

By Abiodun Alade I have read a number of compelling accounts that depict the unfortunate state of Nigeria’s oil sector, but none does so with...

NNPCL Remits N10trn to Federation Account, Announces Forensic Audit on Petrol Price Stabilisation

The Nigerian National Petroleum Company Limited (NNPCL) has remitted a staggering N10 trillion to the federation account as of September 2024, according to the...

Warri Refinery Now Operational – NNPCL

Just a month after the commencement of operations at the 60,000-barrel-per-day Port Harcourt Refinery, the Nigerian National Petroleum Company Limited (NNPCL) has announced that...

Latest news

Energy experts back Dangote, slam marketers over blackmail attempt on fuel price hike

Energy experts in Nigeria’s downstream petroleum sector have defended the pricing structure of the Dangote Petroleum Refinery, accusing some...
- Advertisement -spot_imgspot_img

Oye: Nigeria’s Trade Single Window Could Attract $3bn Logistics Investment, Save $18m Annually  

Nigeria could unlock up to $3 billion in logistics investment and generate about $18 million in annual efficiency savings...

What Happened at Aso Rock as Tinubu’s IGP Kayode Egbetokun Resigns

The Presidency has confirmed the resignation of Kayode Egbetokun as Inspector General of Police, citing what officials described as...

Must read

Energy experts back Dangote, slam marketers over blackmail attempt on fuel price hike

Energy experts in Nigeria’s downstream petroleum sector have defended...