News - Nigerian National Petroleum Corporation

NNPC Assures Of Steady Fuel Supply

3 weeks ago /

The group-managing director of Nigerian National Petroleum Corporation Maikanti Baru has given the corporation a pass mark in the face of a yuletide fuel season without scarcity.

Senate Quizzes NNPC, CBN

1 month ago /
Nation 

The Nigerian National Petroleum Corporation (NNPC) and the Central Bank of Nigeria have the next five working days to provide supporting documents showing approval for 22 withdrawals from the NLNG dividend account totaling three point one two billion dollars in the last three years.

Atiku Releases Policy Document, Plans To Lift 50 Million Nigerians Out Of Poverty By 2025

1 month ago /
Politics 

The presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar, has said that he plans to lift 50 million Nigerians out of poverty, by 2025.

Senate Probes $1.05bn Allegedly Diverted By NNPC

2 months ago /
Nation 

The senate has directed its committee on gas to probe the one point zero five billion dollars said to have been diverted in the Nigerian National Petroleum Corporation, NNPC.

Port Harcourt Refinery Gets Financier, Says NNPC

2 months ago /
Nation 

The Nigerian National Petroleum Corporation, NNPC, has said that some of the financing companies it approached to revamp the country’s refineries have shown interest in Port Harcourt refinery.

NNPC Boss, Baru Appeals To Oil Workers

3 months ago /
Nation 

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has urged oil workers under the auspices of the national union of petroleum and natural gas workers (NUPENG) and the petroleum and natural gas senior staff association of Nigeria (PENGASSAN), to halt their planned industrial action over a labour dispute involving the management of Chevron Nigeria Limited (CNL), a multi-national oil company operating in Nigeria, and its staff.

Buhari Arrives Beijing

4 months ago /
Nation 

President Muhammadu Buhari has arrived Beijing, China where he will be attending the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) holding September 3 - 4, 2018.

Rivers Notorious Kidnap Gang Narrates Modus Operandi

4 months ago /
Nation 

Some persons suspected to be members of a notorious kidnap gang have been narrating gory tales of how they operate.

NNPC Invests In Renewable Energy

5 months ago /
Nation 

The Nigerian National Petroleum Corporation NNPC says it is investing in renewable energy like biogas to accelerate Nigeria’s industrial development.

 

Buhari Off To The Hague On Sunday

6 months ago /
International News 

President Muhammadu Buhari will on Sunday, July 15, 2018, depart for the Netherlands to participate in activities to commemorate the 20th anniversary of the adoption of the Rome Statute of the International Criminal Court (ICC), at The Hague.

House of Reps to Investigate Oil Sales

6 months ago /
Nation 

Nigeria’s House of Representatives is to investigate the crude oil sales from January to date and other sources of revenue to the Nigerian National Petroleum Corporation, NNPC.

Buhari Intervenes In FAAC Deadlock

6 months ago /

The standoff which has stalled revenue sharing among the three tiers of government for the months of May and June, 2018 could be responsible for salary delays in some states of the Federation. 

Deadlock Over NNPC Revenue Remittance Lingers

6 months ago /
Nation 

The controversy over remittance by the Nigerian national petroleum corporation, NNPC into the federation account has continued to delay may allocation to the three tiers of government.

Cost Of Oil And Gas Production To Determine New Projects - Kachikwu

6 months ago /
Nation 

Nigeria’s Minister of state for petroleum resources Emmanuel Kachikwu says reducing the cost of crude oil production will soon become major criteria for approving new projects for companies.

Finance Commissioners Reject Revenue Discrepancies By NNPC

6 months ago /
Nation 

The chairman commissioners of finance forum of the Allocation Committee (FAAC) Mahmud Yunusa says the one hundred and Federation Account twenty-seven billion naira of royalties and petroleum profits tax remitted by the Nigerian National Petroleum Corporation NNPC, is not acceptable.

NOCs Comparative Impact On Economies: NNPC Ranks Low In Nigeria

6 months ago /
Nation 

A recent report by the Centre For Petroleum Energy Economics And Law, CPEEL, of the university of Ibadan adjudged the Nigerian national petroleum corporation’s contribution to the country’s economy as minimal.

NEC Directs Finance Ministry To Speedily Resolve Disagreements Over Remittances

6 months ago /
Business and Economy  

The  National Economic Council (NEC) has directed the Ministry of Finance and the Federal Allocation and Accounts Committee (FAAC) to speedily resolve the issues over remittances by the Nigerian National Petroleum Corporation into the Federation Account.

NNPC Justifies Remittance Of N147 Billion To FAAC For June

6 months ago /
Nation 

The Nigerian National Petroleum Corporation (NNPC) has justified its N147billion June remittance to the Federation Accounts and Allocation Committee (FAAC), saying it is in line with the terms of agreement it had with Governors on the matter.

Nigeria, Morocco Sign Three Agreements

7 months ago /
Nation 

Nigeria and Morocco have signed three agreements, including a regional gas pipeline that will see Nigeria provide gas to countries in West Africa sub-region that extend to Morocco and Europe.

NNPC Denies Existence Of Royalty Payment For Alesa-Eleme

7 months ago /
Niger Delta 

The management of the Nigerian National Petroleum Corporation, NNPC, has dismissed insinuation of an approved 36 billion naira compensation said to be due to Alesa-Eleme community in Rivers State as royalty for playing host to the  Port Harcourt refining company, a subsidiary of the corporation.


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