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CNPP, Civil Society Coalition Want Probe of NNPC, Minister over Procurement Fraud Allegations, Refinery Staff Recruitments

…Set To Petition EFCC Conference of Nigeria Political Parties (CNPP) and the Coalition of National Civil Society Organisations Against Inept Leaders have demanded for an open investigation into how two companies owned by virtually same individuals emerged the top two…

N287bn Profit: We Commend Your Efforts But Doubt Your Figures – CNPP To NNPC GMD, Kyari

The umbrella body of all registered political parties and political organisations in the country, the Conference of Nigeria Political Parties (CNPP) has said it appreciates the noticeable efforts the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC),…

NNPC Plans Initial Public Offer After Declaring First Profit in 44 Years

After declaring first profit in years, the Nigerian National Petroleum Corporation (NNPC) is considering the first Initial Public Offer (IPO) of its shares. The Street Reporters Newspaper recalls that the NNPC after 44 years of operation declared profits in the…

NNPC, KDSG, Sign MoU on Gas Utilisation, Expansion

…As Kyari Assures Gas Supply Will Revamp Industries Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian National Petroleum Corporation (NNPC) and the Kaduna State Government have signed a Memorandum of Understanding (MoU) for utilisation and…

House of Reps to Kyari: “GMD You Have Made Our Day”

…As Kyari Clarifies Revenue Projection for 2022-2024 Revenue Framework The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday received accolades from the House of Representatives Committee on Finance for providing detailed explanations on…

Assented PIB Shortchanged Cross River, Gov Ayade

The Petroleum Industry Bill (PIB) recently signed into law by President Muhammadu Buhari seeks to perpetuate injustices that Cross River State has suffered over the years, so says Governor Ben Ayade. Ayade said the law failed to address the concerns…

Kyari Tasks NNPC Greenfield Refinery Ltd Board on Fuel Importation

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged members of the Board of the NNPC Greenfield Refinery Limited (NGRL), to explore all available options to bring an end to the current challenge…

President Buhari Signs Petroleum Industry Bill Into Law

President Muhammadu Buhari has signed the long awaited Petroleum Industry Bill (PIB) 2021 into law. This is according to a statement signed by presidential spokesperson Femi Adesina. According to the statement, President Buhari signed the bill into law while in…

NNPC COO Sacked, Senior Management Staff Redeployed in Shakeup

The Management of the Nigerian National Petroleum Corporation (NNPC), in a bid to strengthen and reposition towards attaining global excellence and profitability, has announced the promotion and redeployment of some staff to fill key vacant positions. In a statement released…

NNPC Records ₦43.57bn Trading Surplus in April

The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus a 23.64% increase over the ₦35.24bn surplus it recorded in the previous month of March 2021. This is contained in the April 2021 edition of the NNPC Monthly Financial…

Okowa Makes Case for Proper Monitoring of Nigeria’s Crude Oil Production

Delta State Governor, Senator (Dr) Ifeanyi Okowa, has called for proper monitoring of Nigeria’s crude oil production to ascertain volume and ensure transparency and accountability in the oil and gas sector. Okowa made the call while opening a two-day Retreat…