Tag: NNPC

The Minister of State for Petroleum expressed joy that the deal would bring more investments into the country.

The government will no longer provide money for joint venture cash calls from 2017.

The Chief Executive Officer says the information is with the DPR.

The president is personally championing the move to supply crude to Kaduna refinery, NNPC chief says.

Mr. Baru says most of Nigeria’s oil go to Europe.

The MoU is for a $2.2 billion contractor financing support.

Restoring production at the facility was part of efforts to reposition it for profitability, an official said.

Some subsidiaries made profits while others suffered losses.

“Total PMS supplied by NNPC from October 2015 to September 2016 is 10.4 billion litres."

The NNPC boss listed the challenges faced by the state oil firm.

Ndu Ughamadu is the new Group General Manager, Group Public Affairs Division.

"We didn't receive any letter from the NSA that the money was wrongly transferred."

NNPC had raised its price from N141 to N145 per litre of petrol.

NNPC on Thursday increased petrol price from N141 to the government benchmark of N145.

The incidence of vandalism reduced following the government's engagements with militants.

NNPC into Nigerian Petroleum Assets Management and the National Oil Company.

“At an estimated price of $45 per barrel, the total 2016 revenue loss to the Federation Account translates to about ...

The minister says there are good people in the NNPC.

DPR investigates depot owners for selling petrol above official price

The Senate had on October 5 resolved to prioritise and fast-track the passage of the PIB.

"Some of the intended sales could be in form of time-bound leases, advance renewal payments on leasing licenses and concessioning," ...

"Government should sell 49 per cent of the Nigerian National Petroleum Corporation (NNPC)".

Some firms have started repaying for distribution of products over the last 10 years.

“Villagers who rely on fishing along the river for survival can longer do so..."

"I'm not sure the president will approve any such increase anymore, especially with the current economic situation."