Tag: NNPC

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…

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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…

NNPC Breaks 44-Year Jinx By Making N287bn Net Profit for 2020

The Nigerian National Petroleum Corporation (NNPC) has recorded N287 billion profit after tax (PAT) for the year 2020 — first time in the 44-year history of the oil company. President Muhammadu…

Avoid Panic Buying, We Have 1.7bn Litres Of Petrol In Stock – Nnpc Tells Nigerians

The Nigerian National Petroleum Company (NNPC) Limited has advised Nigerians to avoid panic buying as there is enough petrol in stock. Following the meeting held on Wednesday, March 2, in…

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NNPC Uncovers Illegal Pipelines Connected to Churches, Mosques

The Group Managing Director of the Nigerian National Petroleum Company, NNPC, Limited, Melee Kyari, on Tuesday, stated that there are some illegal petroleum products pipelines connected to Churches and Mosques.…

NNPC Resumes Oil Exploration in Borno

The Nigerian National Petroleum Company Ltd has resumed an oil drilling campaign at the Wadi-B located in Jere Local Government Area of Borno State. President Muhammadu Buhari flagged off the…

10,166 Illegal Refineries, Connections Destroyed in 3 Years – NNPCL

The Nigerian National Petroleum Company Limited, has announced the discovery and destruction of at least 10,166 illegal refineries and crude oil connections in three years. Daily Report Nigeria reports that…

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