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Tag: NNPC

How Nigeria’s refineries lost 218 workers, N69bn
Oil and Gas

Reps allege cover-up on refineries, summon Sylva, Kyari

The House of Representatives’ Ad Hoc Committee on the State of Refineries in Nigeria has summoned the Minister of State for Petroleum Resources, Timipre Sylva, and the Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari. The officials of the management of the nation’s refineries were also summoned to appear before the […]

Nigeria, Morocco commence 5,600km gas pipeline project
News

NNPC to deliver $2.6bn gas pipeline Q1 2023

The Nigerian National Petroleum Company Limited and its contractor handling the bulk of the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project, Oilserv Limited, on Thursday stated that natural gas would be transported through the AKK pipeline in the first quarter of 2023. Both firms made stated this during an inspection tour of the construction work on the […]

Nigeria, Morocco commence 5,600km gas pipeline project
Energy

Subsidiaries summons: NNPC has nothing to hide, Kyari tells lawmakers

The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, has said the NNPC has nothing to hide and will comply with the request of the House of Representatives Committee on Public Accounts. Kyari disclosed this following the request by the House of Representatives Committee on Public Accounts seeking the appearance of […]

Nigeria, Morocco commence 5,600km gas pipeline project
Energy

Reps give NNPC two-week ultimatum to defend N3tn debt

The House of Representatives’ Ad Hoc Committee on Recovery of Outstanding Debts Owed By Oil and Gas Companies has given the Nigerian National Petroleum Corporation, now Nigerian National Petroleum Company Limited, two weeks to defend its indebtedness to the Federal Government to the tune of N3tn. The committee, which approved the NNPC’s request for an […]

Nigeria, Morocco commence 5,600km gas pipeline project
News

Subsidy: FAAC meets as NNPC deductions threaten states’ allocations

The planned deduction of N242.53bn fuel subsidy from the Federation Account this month by the Nigerian National Petroleum Company Limited is raising uncertainty among states as the Federation Accounts Allocation Committee is scheduled to meet on Tuesday (today). It was gathered that commissioners for finance from the 36 states would meet today for the usual […]

News

Reps write Kyari, summon 17 NNPC subsidiaries over audit queries

THE House of Representatives’ Committee on Public Accounts has written to the Group Managing Director of the defunct Nigerian National Petroleum Corporation, now Nigerian National Petroleum Company Limited, Mr Mele Kyari, over audit queries issued against the NNPC and its subsidiaries. The committee, which had accused the NNPC of shielding its 17 subsidiaries in the […]

Nigerians bought petrol N191.65 per litre September- NBS
Energy

Queues persist in northern states despite 1.8bn litres fuel supply

The queues by motorists for Premium Motor Spirit, popularly called petrol, particularly in Abuja and northern states have refused to clear despite the supply of about 1.824 billion litres of PMS by the Nigerian National Petroleum Company Limited. Also, the NNPC on Sunday denied claims that it had reviewed the ex-coastal, ex-depot and the NNPC […]

Energy

Negotiations with labour on fuel subsidy removal still ongoing – FG

The Federal Government is still in negotiations with the organised labour as regards the removal of subsidy on Premium Motor Spirit, popularly called petrol, it was gathered on Sunday. Officials of the Nigerian National Petroleum Company Limited and the Nigerian Midstream and Downstream Petroleum Regulatory Authority stated that the removal of subsidy on petrol had […]

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  • 14th March 2022
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