Tag: NNPC

“Our target is to see black market operators disappear.”

A correspondent followed a team of NNPC, PPMC officials to some filling stations.

There were minimum queues at other independent marketer’s stations selling at N190 a litre.

Mr. Kachikwu was given orders to ensure the fuel scarcity did not exceed weekend.

The bidding process was transparent, NNPC says.

“Presently, queues in Lagos have reduced,” the minister says.

The FEC meeting was presided by Vice President Yemi Osinbajo.

The NNPC claims the scarcity is caused by "panic buying".

Three ships were laden with diesel, bulk fertiliser and general cargo.

The state oil company had on Monday said NNPC informed there was no plan to increase prices of petroleum products.

While Nigeria intensifies search for oil, the developed world is preparing for a future without crude.

The GMD said that this was not the right time for the independent marketers to embark on strike.

“The Corporation urges the public not to entertain any fear or engage in panic buying of petroleum products

Revenue targets, oil and non-oil, were not met.

The idea is to cap Nigerian output at 1.8 million barrels.

Al-Amin Bugaje would be sponsored to further his education up to Ph.D level in any institution in the world.

The NNPC has been serially indicted for failing to remit government funds.

The school has launched new programmes.

Statement say the project is expected generate over a million jobs.

The official says the will reduce the government's cash call burden significantly.

Lawmakers say past government efforts to revamp refineries were unsuccessful.

NNPC boss describes the deal as, ''a step in the right direction.''

"While the chances of oil discovery in the north cannot be ruled out, the bigger question is whether the timing ...

Only 14 million Nigerians pay tax, finance minister says.

The former NNPC chief is being prosecuted by the EFCC.