FG mandates Dangote Refinery to refine 385,000 bpd from NNPL for local consumption
The Federal Government has announced that the Nigerian National Petroleum Corporation Limited (NNPCL) will commence the supply of 385,000 barrels per day of crude oil to the Dangote Refinery from…
NNPCL Invites Obasanjo To Tour Port Harcourt Refinery
Former President Olusegun Obasanjo, has been invited by the Nigerian National Petroleum Company Limited, NNPCL, to take a tour of the Port Harcourt Refinery. NNPCL, in a statement on Thursday,…
REVEALED: FG Owing NNPCL N2.8trn For Subsidy
FG owing NNPCL N2.8trn for subsidy payment, says Mele Kyari The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari on Tuesday revealed that…
Petrol Consumption Declines by 30% After Subsidy Removal
The Nigerian National Petroleum Company Limited (NNPCL) has announced a significant decline in petrol consumption since the removal of the petrol subsidy by President Bola Tinubu. According to the Group…
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…
We Sold Fuel to NNPCL in Dollars – Dangote Refinery
Dangote Refinery has revealed that it sold Premium Motor Spirtit (PMS), popularly known as fuel to the Nigerian National Petroleum Company (NNPC) Limited in Dollars. This is even as the…
NNPCL Remits N10 Trillion To Federation Account In September 2024 – Kyari
The Nigerian National Petroleum Company Limited (NNPCL) remitted N10 trillion to the federation account as of September 2024. NNPCL's Group Chief Executive Officer, Malam Mele Kyari, stated that the company…
Nigeria Does Not Have Money to Pay For Subsidy – Mele Kyari
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL) has revealed that the country has no money to fund subsidy. This is as Kyari…
Fuel Scarcity Looms as Marketers Shutdown Stations
Lagos and the surrounding environs could soon experience a major fuel shortage as marketers continue to close stations to deny access to motorists and other product users. Station closures reportedly…
Tinubu Told to Explain $3.3bn NNPCL Deal
President Bola Tinubu has been told to provide an explanation for the Nigerian National Petroleum Company Limited (NNPCL)'s $3.3 billion emergency crude repayment loan. Atiku Abubakar, the 2023 presidential candidate…