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Tag: Fuel Importation

NNPCL reports N2.69trn in tax expenses for 2023
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NNPCL moves to end fuel import Dec 2024

          The Nigerian National Petroleum Company Limited has announced its plan to halt the importation of refined petroleum products by December 2024, coinciding with the full operational status of all national refineries. The company also projected an increase in revenue to N4.5 trillion by the conclusion of 2023. Additionally, the rehabilitation […]

Four consortia to repair deteriorated pipelines - NNPCL
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Private Nigerian firms to begin fuel importation June 2023 – NNPCL

As the Nigerian National Petroleum Company Limited prepares to discontinue crude oil exchange contracts and transition to cash payments for fuel imports, private businesses in Nigeria will have the option to purchase fuel beginning in June 2023. According to Reuters, on June 3, NNPCL’s group chief executive officer, Mele Kyari, made the statement which is consistent […]