NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has refuted media reports alleging that it inflated the fuel subsidy payments by N3.3 trillion. A report claimed that a forensic audit conducted by a global accounting firm,…

The Nigerian National Petroleum Company Limited (NNPCL) has described reports of a downward review of fuel prices credited to it on Wednesday as unfounded. NNPCL was reacting to reports suggesting a drop in pump prices for Premium…

The Nigerian National Petroleum Company Limited (NNPCL) has assured Nigerians that the country’s energy scarcity will be over in the next 10 years. The NNPCL Group Chief Executive Officer, Mele Kyari, disclosed this Tuesday at the…

The Nigerian National Petroleum Company (NNPCL) has recorded at least, 214 incidents of oil theft in the past week. The NNPCL said it uncovered 72 illegal refineries across the oil-rich Niger Delta from January 13 to 19, 2024. In…

The Nigerian National Petroleum Company Limited (NNPCL) said it has in the past week uncovered no fewer than 83 illegal refineries in the Niger Delta. The NNPCL disclosed this on its X handle on Tuesday, adding that 15 illegal…

Atiku Abubakar, former Nigerian vice-president, ignited a fresh debate on state-owned refineries this week by questioning the Nigerian National Petroleum Company Limited's (NNPC) decision to rehabilitate the Port Harcourt refinery…

As the Port Harcourt oil Refinery comes to life, the Nigerian National Petroleum Company Limited has concluded plans to hand over the government refinery to private operators. The NNPCL said it is seeking to engage reputable and…

The Nigerian National Petroleum Corporation Limited has revealed that test runs at the 60,000-bpd Port Harcourt refinery will be completed this month. “Testing will conclude shortly, ensuring the refinery’s efficient operation. That…

President Bola Tinubu has appointed Pius Akinyelure as the Non-Executive Board Chairman of the Nigerian National Petroleum Company Limited (NNPCL) and also retained Mele Kyari as the organisation’s Group Chief Executive Officer (GCEO).…

The Nigerian National Petroleum Company Limited (NNPC) has debunked claims that it is planning to increase its pump prices for Premium Motor Spirit, commonly referred to as petrol. The company’s management, in a statement shared…

Atiku Abubakar, a former vice president, has criticised the $3 billion loan given to the Nigerian National Petroleum Company Limited to stable the currency as being fraudulent. In a statement on Wednesday, Mr. Phrank Shaibu, Atiku's…

Femi Falana, SAN, a human rights attorney, condemned Nigerian National Petroleum Company Limited for raising the price of Premium Motor Spirit (PMS), or petrol, at the pump from approximately N500 to N617 per litre. Falana was…

House of Representatives, on Thursday, set up an ad hoc committee to investigate the Nigerian National Petroleum Company Limited, NNPCL over alleged diversion and conversion of N20bn by its officials in the guise of payment to…

Nigerian National Petroleum Company Limited, NNPCL says it has 1.805 billion litres of petrol in stock. NNPCL spokesman, Garbadeen Muhammad, stated in Abuja on Monday that the volume of petrol in stock would last for 30 days. Read…

The over N400bn spent monthly to subsidise Premium Motor Spirit, popularly called petrol, has been having adverse impacts on the cash flow of the Nigerian National Petroleum Company Limited, NNPCL, Group Chief Executive, Mele Kyari, stated…