Tag: NNPC

Omoko Tasks NNPC, IOCs and Host Communities on Peaceful PIA Implementation

The Bolowei of Egbema Kingdom in Delta State, Alhaji Emmanuel Omoko has tasked the Nigerians National Petroleum Corporation and multinationals on peaceful implementation of the Petroleum Industry Act. This follows…

Daily Report

How NNPC Made Historical N2.548trn Profit in 2022

The Nigerian National Petroleum Company (NNPC) Ltd has announced a historic profit of N2.548trn for 2022, marking its highest ever since establishment in 1977. NNPC's 2022 Financial Performance Report, released…

Fuel Scarcity: NNPC Admits $6bn Debt, Hints at Price Hike

    The Nigerian National Petroleum Company Limited has finally admitted that it owes petrol suppliers $6bn, a debt that has led to fuel scarcity and long queues at filling…

NNPC Under Pressure as Marketers Demand Cheaper Petrol Prices from Port Harcourt Refinery

The Nigerian National Petroleum Company (NNPC) is facing mounting pressure from petroleum marketers, who have threatened to boycott the revived Port Harcourt refinery unless the prices of its products are…