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Tag "NNPC"

Reps to investigate NNPC fuel subsidy claim from 2017-2021

The House of Representatives, has constituted an Ad-hoc Committee to investigate the Petroleum Products Subsidy regime between 2017 and 2021 by the Nigerian National Petroleum Company (NNPC).

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NNPC GMD assures of ending fuel queues

The Group Managing Director, Nigerian National Petroleum Cooperation (NNPC) Mr Mele Kyari, has assured of ending the current fuel queues in filling stations in the country. Kyari said this in

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Gas is transition fuel, says NNPC

The Federal Government says it is focusing on the exploitation of gas to close the gap that can be created by less use of petrol, diesel and other fossil fuels,

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Why Nigerian 2021 Energy Outlook is Positive- Sector Specialists

Nigerian energy outlook for 2021 is largely positive due to the transparency reforms within the Nigerian National Petroluem Corporation (NNPC) and a combination of policy initiatives from auto gas to

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Senate constitutes Adhoc Committee to investigate N1.2trn oil revenue loss

The Senate on Tuesday constituted a seven-man Adhoc committee to investigate a N1.2 trillion oil revenue loss to the Federal Government owing to a breach by SINOPEC ADDAX Petroleum.  The

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Alleged $9.8m fraud: Why ex-NNPC GMD, Yakubu rejects EFCC cross-Examination

Former Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, on Wednesday, told the Economic and Financial Crimes Commission (EFCC) that it cannot cross-examine him based on a

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NNPC GMD Commends Armed Forces of Nigeria For Securing Nigeria’s Oil Sector

The newly appointed Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kolo Kyari has commended the Armed Forces of Nigeria (AFN) for providing a more secured

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No plan to increase fuel price above N145- Petroleum Marketers assure

Contrary to the threat by the Chairman of the Ore Depot of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Shina Amoo that there are plans to increase the price

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We do not discriminate in Our Recruitment process- NNPC says

As the recruitment process of the Nigerian National Petroleum Corporation (NNPC) continue to attract controversy from a section of the masses, the body has come out to defend themselves saying

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$2 billion from oil block licences to fund 2019 budget – Kachukwu

Nigeria Minister of state for petrolium, Ibe Kachikwu has revealed that the $2 billion generated from the renewal of oil block licences would be used to fund the 2019 budget.

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