Tag: NNPC

Nigerians rejected your ideas at the polls, Presidency replies Atiku

The Presidency has responded to former Vice President Atiku Abubakar’s criticism of President Bola Tinubu’s economic reform programme, describing it as “cheap talk” and a “flowery to-do list”. In a…

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Arrest Rising Cost Of Food, Fuel Prices, Others -NGO To Tinubu

A  non-governmental organisation, Christian Conscience, has appealed to the President Bola Tinubu-led Federal Government to address the rising cost of fuel and food items. The ripple effects of high fares…

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NNPC Sells PMS To IPMAN At N995/Litre

The Nigerian National Petroleum Company Limited has agreed to sell Premium Motor Spirit (petrol) to members of the Independent Petroleum Marketers Association of Nigeria at N995 per litre. This followed…

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Fuel Price: Borno Residents Dump Cars For Horses, Trekking

Following the nationwide increase in the price of petrol on Tuesday, more residents and workers including civil servants in Borno State have abandoned their vehicles to embrace trekking, horse riding…

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Protests rock Abuja over fuel scarcity, Call For NNPCL Boss’s Sack

Several demonstrators hit the streets of Abuja to demand the immediate dismissal of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Limited, Mele Kyari, over the lingering…

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External auditors to examine NNPC N2.6tn subsidy claim

The Federal Government has finally initiated plans to enlist the services of an external auditor to verify the N2.7tn fuel subsidy claim by the Nigerian National Petroleum Company Limited against…

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CORAN To FG: Consider selling NNPC refineries as means to finance modular

The President Bola Tinubu-led Federal Government has been asked to sell the government-owned Port Harcourt, Warri, and Kaduna refineries to fund modular ones. All three refineries are under the management…

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Dangote Refinery’ll Gulp N1.7tn Crude Monthly,Report Says

The Dangote Petroleum Refinery is going to need about N1.7tn worth of crude oil monthly following the directive of President Bola Tinubu mandating the Nigerian National Petroleum Company Limited to…

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Nigeria’s Refinery Paradox: The Subsidy Saga and the Dangote Dilemma

The tale of Nigeria's refining paradox is not just about policy and economic impacts; it is deeply personal for many entrepreneurs, especially for someone like Dangote. His frustration mirrors the…

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Nigeria’s Malta Petrol Imports Rise 342%, Reaching $2.8 Billion Last Year

Nigeria has witnessed a dramatic increase in its importation of petroleum from Malta, with figures skyrocketing by 342% to reach $2.8 billion in 2023. This significant rise comes amid ongoing…

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