Tag: NNPC

The judge rejected a call for the case to be settled out of court.

The NNPC said it would tackle fuel scarcity with six additional PMS cargoes.

The pulverization of the Forcados trunk line by militants in 2016 gravely impacted gas production.

EFCC on February 3 discovered $9,772,800 and £74,000 in cash.

Mr. Magu denies a recently-promote staff recovered N42 billion.

Mr. Yakubu is currently standing trial for corruption and money laundering.

The anti-graft agency says the former NNPC admitted ownership of the money

The anti-graft commission says it secured 135 convictions in 2016.

The refinery currently operates at 65 per cent capacity.

The amount is saved particularly through reduction in the amount paid on demurrage by the corporation.

The fire did not affect the loading section of the depot, an official said.

The SAP project has already gulped $70.66 million in nearly a decade without results.

The price of cooking gas has gone up in various parts of the country.

The NNPC agreed to reinstate Francis Johnson.

"This queue is terrible, and the cost of refilling gas too is now slightly increased."

The NNPC also wants royalties raised.

Some of the firms are still facing charges for their roles in the subsidy cam.

Oil workers met with labour minister on Wednesday.

Warri refinery now refines 2 million litres of kerosene and 3 million litres of diesel daily, an official said.

Mr. Buhari said about 40 per cent of the N7.29 total appropriation would be funded from oil revenue.

Banks have 14 days to prove the legitimacy of the money.

The list comprises 18 Nigerian companies, 11 International Traders, five foreign refineries, and others.

NEITI says NPDC withheld a total of $4.7 billion and N318.2 billion that should have gone to the Federation Account.

The NNPC also pledged to find a solution to Niger Delta militancy.

Nigeria’s crude oil production dropped by about 27.2 per cent between January 2015 and September 2016.