Tag: NNPC

The Senate Public Accounts Committee, which relied on the report of the Auditor General of the Federation, has asked PPPRA ...

The NNPC GMD says oil demand is rising and prices have gone up to pre-pandemic levels, averaging $74/bbl.

A former trader pleaded guilty over his role in a scheme to bribe.

Prosecutors said millions of dollars in bribes were paid to officials in Nigeria, in exchange for NNPC awarding oil contracts.

The Petroleum Industry Bill was recently passed by the Senate and the House of Representatives.

PREMIUM TIMES highlights the history and components of the Petroleum Industry Bill that is again close to being passed by ...

"Placing the responsibility of protecting oil installations from armed gangs on unarmed communities is simply an unrealistic expectation."

Both the Senate and the House passed the Petroleum Industry Bill on Thursday.

The lawmakers also demanded explanation on conflicting figures in the consumption of fuel in the country.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) is neither planning to go on strike nor planning to shut fuel ...

The House ad hoc committee on PIB met the minister and the Group Managing Director of NNPC to discuss the ...

A lawyer, Tosin Ojaomo, recently accused NNPC of lodging $300 million stolen funds at Polaris Bank.

The court rules that only the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) is empowered by law to fix the ...

The petroleum minister says the government is not in a haste to remove subsidy.

The companies will operate and maintain three refineries.

The announcement by the NNPC will have telling consequences for the nation's economy.

The NNPC advises against panic buying, saying petrol will be available in all depots across the country

The minister said Mr Obaseki’s claim was very sad because it was “untrue”.

"This fresh N10.1 trillion scandal is beside the earlier N15 trillion, reportedly stolen by APC leaders from various government agencies..."

An overhaul of the NNPC’s operations is inevitable to position it for efficient and competitive business, leading to increased revenues ...

The NNPC says the country would have to live with importation of petroleum products for another four years if the ...

Analysts have criticised the latest move to repair the refinery at a huge sum of $1.5 billion.

There is no evidence the huge debt has been repaid, and it highlights how the state-owned firms is run and ...

The agency says it does not “fix or announce prices", but previous templates it released formed the basis of fuel ...