nnpc

January 17, 2017

The YNaija Tracklist: BBOG, FG delegation search for Chibok girls in Sambisa Forest | Air Force strikes new Boko Haram hideout | More stories

From the papers this morning – a Tracklist. BBOG, FG delegation search for Chibok girls in Sambisa Forest – YNaija No terrorist group shouts the name of Jesus before attacking, CAN tells Soyinka – YNaija Lagos residents discovered a bundle of trash, not bomb – YNaija Gambia’s chief judge pulls out of Jammeh’s inauguration challenge... Read More

Air Force, boko haram, nnpc, The YNaija Tracklist

January 14, 2017

NNPC resumes loading of petroleum products in depots nationwide

The Nigerian National Petroleum Corporation (NNPC) has resumed loading of petroleum products in all its depots in Nigeria. Group General Manager, Group Public Affairs Division, Ndu Ughamadu disclosed this in a statement on Saturday. He said the suspension of the strike embarked upon by National Union of Petroleum and Natural Gas Workers informed the decision... Read More

depots, Loading, nnpc, Petroleum

December 30, 2016

How NNPC failed to remit $15.8bn NLNG dividends – NEITI (READ)

Nigeria earned $55.5 billion from the oil and gas sector and N55.82 billion from the solid minerals sector in 2014, the latest audit reports of the Nigeria Extractive Industries Transparency Initiative (NEITI) have revealed. The NEITI 2014 audit reports released on Friday also show that a total of $4.7 billion and N318.2 billion that should... Read More

$15.8bn, $55.5bn, NEITI, NLNG Dividends, nnpc, NPDC, oil and gas sector

December 20, 2016

Refineries to work fully in 2017 – NNPC

The Nigerian National Petroleum Corporation (NNPC) says the country’s three refineries located in Port Harcourt, Warri and Kaduna will undergo comprehensive rehabilitation to achieve optimal capacity utilisation in 2017. The Corporation said this in a statement signed by the Group General Manager, Group Public Affairs Division, Mr Ndu Ughamadu, in Abuja on Tuesday after the Annual... Read More

Mr Ndu Ughamadu, Mr. Anibor Kragha, nnpc, Refineries, Turn Around Maintenance (TAM)

December 13, 2016

Unremitted $3.47bn: Senate to probe NNPC, NPDC

The Senate has ordered its Committee of Finance to probe the Nigerian National Petroleum Corporation (NNPC) and the NPDC for failing to remit $3.47bn to the federation account. This followed a motion filed by Sen. Dino Melaye accusing both agencies of withholding $4bn public revenue from 2013 to date. Melaye also said the NPDC had taken crude oil... Read More

$3.47bn, dino melaye, Nigerian National Petroleum Corporation, nnpc, NPDC, Unremitted $3.47bn

December 8, 2016

House of Reps summons NNPC, oil companies over crude oil theft

The House of Representatives has summoned the Nigerian National Petroleum Corporation and 19 other oil and gas companies over crude oil worth $17bn which was allegedly stolen through exports between 2011 and 2014. Among the firms the committee summoned along with the NNPC were Mobil Producing Nigeria Unlimited; Shell Western Supply and Trading; Televeras Petroleum... Read More

Crude oil theft, nnpc, oil companies, summon

November 26, 2016

NNPC regular in FAAC remittances – El Rufai

Governor of Kaduna, Mallam Nasir El-Rufai, says the Maikanti Baru led Nigerian National Petroleum Corporation (NNPC) has not defaulted in its remittances to the Federation Account, The Vanguard reports. According to a statement by the corporation, El-Rufai made this known when the Group Managing Director of the NNPC, Dr. Maikanti Baru paid him a courtesy visit in... Read More

Dr. Maikanti Baru, FAAC remittance, Mallam Nasir el-Rufai, nnpc, President Muhammadu Buhari

November 19, 2016

Oil: Some countries having it tougher than Nigeria – Buhari

President Muhammadu Buhari on Friday said Nigeria has been plagued by the downturn in the oil industry. He said this while inaugurating the governing boards of three parastatals of the Ministry of Petroleum Resources-the Nigerian National Petroleum Corporation; the Nigerian Content Development Monitoring Board and the Nigerian Nuclear Regulatory Authority at the Presidential Villa, Abuja.... Read More

challenges, Nigeria oil, nnpc, Oil crash, President Muhammadu Buhari

November 18, 2016

Buhari inaugurates boards of petroleum agencies (PHOTOS)

President Muhammadu Buhari on Friday inaugurated board members of parastatals in the Ministry of Petroleum Resources. Some of the members of the board are the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru. Others members are Dr. Pius Akinyelure, Alhaji Muhammady Lawal and Dr. Tajudeen Lawal. The Board of Nigerian Content... Read More

Alhaji Muhammady Lawal, Dr Ibe Kachikwu, Dr. Pius Akinyelure, Dr. Tajudeen Lawal, Ministry of Petroleum Resources, Nigerian Content Development Monitoring Board (NCDMB), nnpc, President Muhammadu Buhari

November 14, 2016

Ughamadu is NNPC’s new Group General Manager in shakeup

There has been a major shakeup in the Nigerian National Petroleum Corporation, (NNPC). The shakeup has affected some top management staff who have been redeployed across board in a major exercise designed to reflect operational realities and ensure sustained performance and profitability. The announcement which was made on Monday sees 109 Management staff promoted while... Read More

Cover Stories, The News Blog

Dr. Maikanti Baru, Garba Deen Muhammad, Ndu Ughamadu, nnpc, Redeployment

November 13, 2016

FG to list NNPC on Nigerian Stock Exchange

Inn line with its plans to reform and restructure the petroleum sector, the federal government is making moves to list the Nigerian National Petroleum Corporation (NNPC) on the Nigerian Stock Exchange, according to Thisday. The plan by the FG is contained in the latest draft national oil policy has revealed. The Draft National Oil Policy 2016,... Read More

National Oil Company of Nigeria (NOCN), Nigerian Stock Exchange, nnpc, Reform, restructuring

November 7, 2016

Buhari did not give order for the increase of fuel price – NNPC

The Nigerian National Petroleum Corporation (NNPC) has said it did not meet President Muhammadu Buhari to demand for an increase in price of petrol to N150. The corporation wrote on Twitter on Monday that it has to plans to increase the price of premium motor spirit (PMS). “NNPC is not empowered statutorily to tinker with the... Read More

Fuel Price, Nigerian National Petroleum Corporation, nnpc, President Muhammadu Buhari

November 7, 2016

Farooq Kperogi: Biggest scandal in oil “subsidy removal” fraud

by Farooq Kperogi To begin with, the idea that the Nigerian government is subsidizing fuel for the masses is a willfully double-tongued twaddle. Only four kinds of people believe that: the hopelessly ignorant, the mentally subnormal, masochists with a perverse thirst for self-abasement, and beneficiaries of real government subsidies such as our indolent, unproductive, and... Read More

Niger Delta, nigeria, nnpc, Oil racket, subsidy removal

November 7, 2016

NNPC wrong to increase fuel price – Kachikwu

Minister of State for Petroleum, Dr. Ibe Kachikwu has said the recent increase in price of petrol in Nigerian National Petroleum Corporation (NNPC) filling stations was surprising. The minister said this after receiving an award at an event organized by the Petroleum Products Pricing Regulatory Agency (PPPRA) in Abuja on Sunday. NNPC had increased petroleum... Read More

Ibe Kachikwu, minister of petroleum resources, nnpc, pppra

October 30, 2016

Oil spill: Communities issue 7 days ultimatum to NNPC in Delta

Affected by the oil spill in Gbaramatu Kingdom in the Warri South West Council Area of Delta State, 35 communities on Sunday gave the Nigerian National Petroleum Corporation a seven-day ultimatum to commence clean-up exercise in the area. The communities gave the ultimatum in a letter addressed to the NNPC, threatening to shut down the Escravos-to-Warri Crude... Read More

7-day ultimatum, Delta comunities, nnpc, Oil spill

October 28, 2016

Nigeria lost N2trn to militancy in 10 months – NNPC

The Nigerian National Petroleum Corporation (NNPC) says the country lost $7bn (N2.1trn) to the activities of militant groups and oil pipeline vandals in the Niger Delta region. The Group Managing Director of NNPC, Dr Maikanti Baru, said this on Friday in Abuja at the 2016 Fiscal Liquidity Assessment Committee Retreat. Baru made a presentation on... Read More

Militant groups, N2trn, nnpc, oil pipeline vandals

October 25, 2016

Petrol to remain at N145 – NNPC

The Nigerian National Petroleum Corporation (NNPC) on Tuesday denied rumours that the pump price of Premium Motor Spirit, popularly known as petrol will be increased. In a statement issued by the Group General Manager, Group Public Affairs Division, NNPC, Mr. Garba-Deen Muhammad, the corporation said, “Reference of unsustainability of N145 per litre of petrol only... Read More

Fuel Price, N145, nnpc, petrol, pppra

October 25, 2016

It is no longer possible to sell petrol at N145 per litre – NNPC

The Nigerian National Petroleum Corporation (NNPC) on Monday said the price of petrol cannot remain at N145 per litre, owing to the current exchange rate. The Group General Manager, Crude Oil Marketing, NNPC, Mr. Mele Kyari, stated this at this year’s Oil Trading and Logistics Expo, OTL, holding in Lagos. He said: “We have a... Read More

exchange rate, N145 per litre, Nigerian National Petroleum Corporation, nnpc

October 9, 2016

Four NNPC workers arrested for vandalizing pipelines

Four security personnel of the Nigerian National Petroleum Commission (NNPC) and some workers of the Warri Refinery and Petrochemical Company, Warri, have been arrested by the police for allegedly stealing fuel from a vandalized pipeline in Delta. The four NNPC personnel are Kingsley Papper, Enekabor Mitaire, Abor Theophilus and Amagre Ernest. A source said, “The IG Special... Read More

Four personnel, nnpc, vandalism

October 4, 2016

The YNaija Tracklist: ‘Even if the government is selling NLNG on credit, I am not interested in buying’ | I was promised $1000 – Arrested drug trafficker | General Electric plans N46.8bn investment in Nigeria

From the papers this morning – a Tracklist. ‘Even if the government is selling NLNG on credit, I am not interested in buying’ | Dangote – YNaija Army arrests suspected Boko Haram terrorists in Borno – YNaija Army kills 5 kidnappers in Bauchi – YNaija I was promised $1000 – Arrested drug trafficker – YNaija Gunmen kill policeman two... Read More

Featured, The News Blog

cocaine, Dangote, Drugs, Ezekwesili, nlng, nnpc, The YNaija Tracklist

October 1, 2016

Oby Ezekwesili: Before we sell public assets

As if the current unclear economic policy context was not disconcerting enough, the sudden emergence of a raging debate on the sale of public assets has escalated one’s fears that easier things seem to appear more attractive to the government. Yet, in public policy, it is wise to be wary of the easiest options. As... Read More

economy, er, fiscal policies, nigeria, nlng, nnpc, oil boom, sticky

September 30, 2016

Kerosene should be sold for N150 per litre, NNPC tells markerters

The Nigerian National Petroleum Corporation (NNPC) has urged all marketers of petroleum products not to sell kerosene beyond N150 per litre. The Group Managing Director of the NNPC, Dr. Maikanti Baru made remark during a courtesy visit to the Governor of Ogun State, Senator Ibikunle Amosun in Abeokuta this week. The Group General Manager, Group Public Affairs... Read More

Dr. Maikanti Baru, Garba Deen Muhammad, Governor Ibikunle Amosun, Kerosene, Marketers, N150 per litre, nnpc

September 30, 2016

Chevron, others have a case to answer over $12.7bn undeclared crude

A Federal High Court sitting in Lagos today, September 30, 2016 struck out the preliminary objection filed by Chevron Nigeria Limited seeking to have the suit by the Federal Government of Nigeria stopped. The Legal team of Chevron Nigeria Limited led by Mrs Mianaya Aja Essien, SAN and Babatunde Fagboluhun, SAN had filed a preliminary... Read More

Agip, Babatunde Fagboluhun, Brasoil, Chevron, crude oil, exchange rate, Fabian Ajogwu, FG, IOC, Mianaya Aja Essien, nigeria, nnpc, Oil

September 28, 2016

Recession: Nigeria should sell 49 per cent of NNPC – Obasanjo

Former president Chief Olusegun Obasanjo says there is nothing wrong in the sale of national assets. Obasanjo made this known on Tuesday in Abeokuta while addressing the National Council of Finance and Economic Development conference. Obasanjo said selling national assets during a recession was not wrong, as he proposed a 49 per cent sale of the Nigerian... Read More

economy, National assets, nlng, nnpc, olusegun obasanjo, recession, sale

September 23, 2016

Those calling for sale of national assets want to enrich themselves – Shehu Sani

Senator Shehu Sani on Friday said those calling for the sale of the country’s national assets are predators who want to use the country’s woes to enrich themselves. He said most of them aim to make money from the sales, instead of finding to solutions to the recession. Sani said they are not interested in... Read More

nlng, nnpc, recession, sale of national asset, Shehu Sani

September 22, 2016

Militant group threatens to bomb NNPC if Patience Jonathan is arrested

The Niger Delta Peoples Professional Volunteer Force (NDPPVF) has said it would bomb the the headquarters of the Nigerian National Petroleum Corporation (NNPC) if the Economic and Financial Crimes Commission (EFCC) arrests former First Lady, Patience Jonathan. In a statement by its spokesperson, Parkinson George-Amabo, the group said the way EFCC is investigating Mrs. Jonathan is not acceptable. “As... Read More

$15m, EFCC, money laundering, NDPPVF\, Niger Delta Peoples Professional Volunteer Force, nnpc, Patience Jonathan

September 22, 2016

The YNaija Tracklist: N’Delta militants vow to bomb NNPC HQ if Patience Jonathan is arrested | Drones will be used for Edo election – Army | Ex-Adamawa Gov. Ngilari remanded in EFCC custody

From the papers this morning – a Tracklist Former Adamawa Gov. Ngilari remanded in EFCC custody – YNaija Drones will be used for Edo election – Army – YNaija Nigeria on its way to technology revolution – Buhari – YNaija Kogi: We’re ready to support Bello, says Wada – Punch Emir Sanusi calls of Fed Govt to sell... Read More

Featured, The News Blog

Al-hassan, boko haram, Brad Pitt, Charlotte, crisis, economy, Marion Cotillard, Militants, Ngilari, nnpc, Patience Jonathan, PDP, recession, sanusi, tracklist

September 17, 2016

Dele Momodu: No, Nigeria can’t be broke

Fellow Nigerians, the biggest story everywhere at this moment is that Nigeria is broke, as poor as a church rat. The frustration of our citizens is boldly written on many faces. Even the rich are crying. Depending on who you talk to, Nigeria is broke because of the profligacy of the PDP-led government in 16... Read More

APC, atiku abubakar, Dele Momodu, Muhammadu Buahri, nigeria, nnpc, Politics

September 12, 2016

How NNPC, Tinubu, Adenuga, Otedola, Ubah, others owe Nigerian govt N86bn

The federal government is being owed at least N86.4 billion as at July 21, 2016 by marketers of petroleum products, according to Premium Times. The major culprits are members of the Major Oil Marketers Association of Nigeria (MOMAN) and the NNPC Retail (mega filling stations). The debts owed by the marketers are for products allocated to the... Read More

Capital Oil, Conoil, Femi Otedola, Forte Oil, Ifeanyi Ubah, mike adenuga, nnpc, Oando PLC, ppmc, Wale Tinubu

September 6, 2016

You created Nigeria’s problems | Senator tells ex-NNPC bosses

The Chairman, Senate Committee on Media and Public Affairs, Senator Sabi Abdullahi, has said former GMDs of the Nigeria National Petroleum Corporation (NNPC) are responsible for the non-functional state of the country’s refineries. Sabi said the recent comment by the ex-GMDs on fuel price indicates how they have contributed to the failure of the NNPC... Read More

Featured, The News Blog

Ex-GMDs, Fuel Price, increase, Nigeria National Petroleum Corporation, nnpc, Senator Sabi Abdullahi

NEWER POSTS 1 … 8 9 10 … 18 OLDER POSTS

15 49.0138 8.38624 arrow 0 arrow 0 4000 1 0 horizontal https://ynaija.com 300 0 1