FG Vows to Shut Down Filling Stations Selling Petrol Above Approved Price
The Federal Government has threatened to shut down filling stations selling petrol above the approved price, citing profiteering and exploitation of Nigerians. Despite efforts by the Nigerian National Petroleum…
NNPC Orders Marketers to Halt Petrol Imports, Cites Dangote Refinery Capacity
The Nigerian National Petroleum Company Limited (NNPC) has issued a directive to oil marketers, instructing them to cease the importation of petrol, citing the capacity of the Dangote Refinery to…
Breaking: FG Approves $1.4b For Rehabilitation of Warri, Kaduna Refineries
FG Approves $1.4b For Rehabilitation of Warri, Kaduna Refineries Nigeria's federal government has approved the sum of $1.4 billion for the rehabilitation of the Warri and Kaduna refineries. The approval…
Court Orders the Release of N82bn Judgment Debt to Akwa Ibom Communities
A Federal High Court in Abuja granted an absolute garnishee order on Monday, ordering the Central Bank of Nigeria to release the sum of N81.9 billion in the custody of…
Nigeria to Stop Fuel Importation 2023 – NNPC Boss
Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has stated that the country would stop importing petroleum products by 2023. He disclosed this on Tuesday…
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…
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…
Setting Up Filling Stations in Neighboring Countries Won’t Stop Petrol Smuggling – NNPC
The Nigerian National Petroleum Corporation (NNPC) says setting up filling stations in neighbouring countries is not the solution to petrol smuggling. Mele Kyari, group managing director of NNPC, stated this…