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Tag: NNPC
NNPC can’t justify N6.34tn petrol subsidy – Customs
The Comptroller-General of Nigeria Customs Service, Col. Hameed Ali (retd.), has stated that the Nigerian National Petroleum Company Limited (formerly Nigerian National Petroleum Corporation) cannot justify the volume of Premium…
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PDP demands inquiry into N1.4 trillion naira oil subsidy payment
The about N1.4 trillion naira claimed to have been spent on oil subsidy by the Federal Government has once again come under scrutiny as the People’s Democratic Party is demanding…
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Governors accuse NNPC of fraud in petrol subsidy payments
The Nigerian National Petroleum Corporation NNPC has been accused of doubling Nigeria’s daily PMS consumption from about 30 million litres to 60 million litres, and in the process paying more…
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Senate to investigate NNPC, Nigerian Agip Oil Company IPP Security Account
The senate has directed its committee on Public Accounts to carry out a holistic investigation into the activities of the operation of the Nigerian National Petroleum Corporation NNPC, Nigerian Agip…
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Nigeria commits to ending gas flaring by 2020
Nigeria has reiterated its willingness to end gas flaring by the year 2020. Minister of state for Petroleum Resources Ibe Kachikwu made the commitment in the monthly bulletin of…
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NNPC to fix Nigeria’s refineries in 18 months
A committee report has suggested that the Nigerian National Petroleum Corporation, NNPC, may be given 18 months to fix the nation’s refineries in order to increase capacity to refine petroleum…
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