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NNPC
Borno state Governor Babagana Umara Zulum has, on behalf of President Muhammadu Buhari, laid the foundation stone for construction of 50 Megawatts Emergency Power Plant, being funded by the…
Buhari Directs Incorporation Of NNPC Ltd, Appoints Ifeanyi Ararume As Board Chairman
President Muhammadu Buhari, in his capacity as Minister of Petroleum Resources, has directed the incorporation of the Nigerian National Petroleum Company Limited.
This is in…
BUDGET FUNDING: Lawmakers Canvass More Revenue To Curb Borrowing
The Chairman of the Senate Committee on Finance, Adeola Olamilekan, has raised a concern about revenue generation to curb borrowing to fund the budget.
The lawmaker representing…
2020 Financial Statement: Buhari Announces Profit After Tax By NNPC
In fulfillment of an earlier pledge by the Federal Government to publicly announce the financial position of the Nigerian National Petroleum Corporation, President Muhammadu Buhari has…
OPERATION WHITE 2: EFCC To Prosecute Smugglers Of Petroleum Products
The Chairman of the Economic and Financial Crimes Commission EFCC Abdulrasheed Bawa Tuesday, June 22, 2021, vowed that smugglers of Premium Motor Spirit (PMS) in the country will face full…
Nigeria’s Gas Reserve Now 206.53tcf, Says DPR
The Department of Petroleum Resources (DPR) says Nigeria's Proven Natural Gas Reserve is now 206.53 Trillion Cubic Feet (TCF) as at Jan. 1, 2021.
According to a statement, Mr…
FG Restores Ownership Of OML 123, Others To NNPC
In line with the current administration’s commitment to the rule of law, fairness and enabling a stable business climate for investment, President Muhammadu Buhari has approved the…
BREAKING: MWUN Threatens To Shutdown Port Operations , Issues 7-Day Ultimatum Against…
The Maritime Workers Union of Nigeria (MWUN), on Friday issued a seven-day ultimatum to the Federal Government on the need to compel International Oil Companies, IOCs over refusal to allow…
Lawmakers Move To Investigate Allege NNPC Failure To Fix Warri Refinery
The house of representatives has directed its committee on petroleum (upstream) to investigate an alleged failure of the Nigerian National Petroleum Corporation (NNPC) to address the…
NNPC Cautions Against Hoarding, Panic Buying
Contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol) in the country, the Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in…