Nigeria loses N222 billion in one year in shady crude oil swap deals — NEITI
Nigeria receives refined fuel lower in value by $723 million, compared to crude oil it sent abroad for refining.
Nigeria receives refined fuel lower in value by $723 million, compared to crude oil it sent abroad for refining.
Most stations at Ikorodu, Epe, Imota, Ibeju-Lekki and Ajah were seen selling petrol at N200 per litre.
Nigerians continue to face persistent petrol scarcity days before Christmas.
The NNPC says it has more than doubled fuel supply nationwide.
The corporation says it has 21 days sufficiency of petrol.
The corporation sold about 1.3 billion litres of petroleum products throughout the country.
The $2.7 billion contract is for the installation of the new Ajaokuta-Kaduna-Kano gas pipelines.
Mr. Kachikwu was given orders to ensure the fuel scarcity did not exceed weekend.
The NNPC claims the scarcity is caused by "panic buying".
“The Corporation urges the public not to entertain any fear or engage in panic buying of petroleum products
Statement say the project is expected generate over a million jobs.
"While the chances of oil discovery in the north cannot be ruled out, the bigger question is whether the timing ...
“Good infrastructure plays a critical role in ending extreme poverty and increasing shared prosperity among the citizenry.”
The corporation says plant will create at least one million jobs.
“Earnings per share reduced from N4,510 in 2015 to N3,163 for 2016.”
The jetty belongs to the NNPC.
The sabotage brought Nigeria’s production down to as low as 1.3 million bpd from 2.2 million barrels.
The GMD NNPC said the refineries would return as new facilities after the overhaul ahead of Nigeria’s plan to stop ...
It is not clear what the corporation used the unremitted funds for.
A new head was appointed for NAPIMS.
Many past winners ended up studying Science and Technology related courses in universities.
“…the audited accounts of NNPC that were in arrears are now audited up to Dec. 31, 2014.”
The scientists are believed to have been abducted by Boko Haram.
At least 11 people have been confirmed dead from the fire.
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All content is Copyrighted © 2025 The Premium Times, Nigeria