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Oil and Gas

HURIWA To President Buhari: Stop Inflicting Economic Pains On Nigerians, Be Humane

Carpets World Bank On Fuel Subsidy Withdrawal Proposal Leading civil rights advocacy group Human Rights Writers Association Of Nigeria (HURIWA) has told president Muhammadu Buhari to cease and desist from Churning out anti- poor policies that have continuously inflicted deep…

Senate Commends NNPC for Engendering Competitiveness

…Pledges Support for Frontier Exploration The Senate Committee on Petroleum Resources (Upstream) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd) for repositioning the Nigerian oil and gas industry into a competitive business environment. The Chairman of the Committee,…

Update: NNPC Assures of Adequate Supply of Petrol, Discourages Panic Buying

Nigeria National Petroleum Company Limited (NNPC Ltd) has assured the public that the Company has sufficient petrol (PMS) stock to meet the needs of Nigerians. The company, therefore, advised members of the public not to engage in panic buying of…

PIA Provides Enormous Business Opportunities for NNPC, Says Kyari

On the heels of the full commencement of implementation of the Petroleum Industry Act (PIA) by the Federal Government, the new legislation has been tipped to provide business opportunities that will enable the Nigerian National Petroleum Company Limited (NNPC) earn more…

NNPC Rakes in N203bn from Petroleum Products Sale in July 2021

…As Gas Production Goes Up 4% A total sum of ₦203.73billion was made on the sale of white products in the month of July 2021 by the Petroleum Products Marketing Company (PPMC), a downstream subsidiary of the Nigerian National Petroleum…

Petrol: NNPC Hails Nigerians for Heeding Advisories Against Panic Buying

The Nigerian National Petroleum Company (NNPC) Ltd has expressed its appreciation to Nigerians for always heeding its advisories not to engage in panic buying of petrol. A statement signed by its Group General Manager, Group Public Affairs Division, Garba Deen…

NNPC Records ₦141.96bn Trading Surplus

The Nigerian National Petroleum Company (NNPC) Limited has announced a huge leap in trading surplus of ₦141.96billion recorded in June 2021 compared to a deficit of ₦37.46Billion in May 2021. This is contained in the June 2021 figures of the…

N96. 4bn Debt: Jimoh Ibrahim Loses Several Assets to AMCON in Court

A Court of Appeals, sitting in Lagos, has dismissed an appeal filed by controversial business man and Chairman of Global Fleet Group, Jimoh Ibrahim, challenging the Asset Management Corporation of Nigeria (AMCON)’s seizure of his 12 assets and freezing of…

Fuel Subsidy: CNPP Slams NLC, TUC, Other Labour Leaders

…Says CNPP Is Ready to Lead When Nigerians Are Ready …Accuses FG of Deceit in Subsidy Conference of Nigeria Political Parties (CNPP) has knocked the leaders of the Nigerian labour unions, including the Nigerian Labour Congress (NLC) and the Trade…

SCAM ALERT: NNPC Disclaims Fake 50th Anniversary Quiz Contest

The NNPC on Tuesday disowned a fake quiz competition trending online which claims to celebrate its 50th anniversary. In the purported quiz contest, unsuspecting participants are encouraged to answer four questions on their knowledge of the Corporation, with the eventual…