Tag: Olufemi Soneye

Mr Soneye emphasised that market forces determine domestic pump prices.

Dangote refutes NNPC's statement on refinery petrol price

"But today, for this initial 16.8 million litre that was given to us, it was at the rate of N898,” ...

For Banire, NNPC Ltd is responsible for everything that is wrong in the oil sector. He even blames smuggling and ...

“NNPC Ltd has no desire or intention to become the distributor for any entity in a free market environment, and ...

The recent development comes amid struggles by the nation's oil company to supply the local market.

The TUC president gives reasons why the lingering fuel scarcity may resurface intermittently for a long time.

Nigerians largely blame NNPC Ltd for the fuel crisis in the country. But in reality, the NNPC Retail no longer ...

The president approved Mr Kyari’s request on 6 June, a report has said.

The N3.297 trillion profit declared for 2023 is the highest since the company’s inception, 46 years ago,” the NNPC said.

Mr Dangote said NNPC no longer owns a 20 per cent stake in the refinery.

NNPC Ltd says the agreement with Schlumberger is part of strategic reforms aimed at unlocking opportunities in the nation’s oil ...

The company said it has over 1.5 billion litres of Premium Motor Spirit (PMS) in stock equivalent to over 30 ...

“Unfortunately, we experienced a three-day disruption in distribution due to logistical issues, which has since been resolved."

“As we continue to do our best to deepen transparency and stamp out corruption from the system, there is one ...

Both parties pledged to attract investments and boost production

The CBN has provided enhanced digital platforms for all transactions and has established specific limits to manage NNPCL transactions, the ...

The report quoted the National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, Ukadike Chinedu, as saying that subsidy ...

The Nembe crude was previously blended with the popular Bonny Light grade and exported via the Bonny oil & gas ...

Mr Soneye is the former President of the Nigerian Media Practitioners, Washington, D.C.