Nigeria’s Federal Government Initiates External Audit of NNPC’s N2.7tn Subsidy Claim
The Federal Government has taken a significant step towards verifying the Nigerian National Petroleum Company Limited’s (NNPC) N2.7tn fuel subsidy claim by initiating the selection process for an external auditor. This move aims to determine the authenticity of the claim…
Federal Government Threatens to Shut Down Filling Stations Selling Petrol at N1,000/litre Amid Worsening Fuel Scarcity
The federal government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has threatened to shut down any filling stations found to be profiteering from Nigerians by selling Premium Motor Spirit (PMS), also known as petrol, at exorbitant prices…
CNPP Demands Explanation from NNPC Limited Over Subsidy Reimbursement Request To FAAC, Insists on Forensic Audit, Suspension of Mele Kyari
The Conference of Nigeria Political Parties (CNPP) has expressed shock, dismay, and disappointment over the recent demand by the Nigerian National Petroleum Company Limited (NNPC Limited) for the Federal Account Allocation Committee (FAAC) to pay an outstanding N4.56 trillion for…
NNPC Limited Debunks Employment Slot Sale Rumors, Warns Jobseekers of Fraudsters
The Nigerian National Petroleum Company Limited (NNPC Limited) has issued a stern warning to the public, particularly jobseekers, to disregard rumors that employment slots are being sold by the company. In a press release signed by Olufemi Soneye, Chief Corporate…
Jeffery Omoh Ozemegwa Appointed Technical Assistant on Oil and Gas in 10th National Assembly
In a significant development, Mr. Jeffery Omoh Ozemegwa has been appointed as the Technical Assistant on Oil and Gas in the 10th National Assembly. His role will be to work closely with Senator Benson Sunday Agadaga, MON, who represents the…
Why Tinubu Should Ignore NNPCL’s Claims Of Oil Theft In Niger Delta
The Movement for Sustainable Development of the Niger Delta (MSDND) has cautioned President Bola Tinubu over the recent claims by the Nigerian National Petroleum Company Limited (NNPCL) and its Group Chief Executive Officer (GCEO), Malam Mele Kyari, of rising cases…
Youth Leaders Demand Immediate Sack of NNPCL GCEO Mele Kyari Amid Crude Oil Controversy
In a bold move that reverberates across Nigeria’s energy landscape, a coalition of ethnic nationalities’ youth leaders has raised their collective voice, demanding the immediate removal of Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum…
Despite Recent #Minister Lokpobiri “Clarification”, Tinubu Govt To Spend N5.4tn on Petrol Subsidy in 2024
In a recent comment on petrol subsidy status, the Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, attempted to addressed the ongoing debate about fuel subsidy in Nigeria under President Bola Tinubu administration. Contrary to allegations in some quarters,…
Tinubu Inaugurates Critical Gas Infrastructure Projects, Reassures Energy Sector Investors
Nigeria’s President, Bola Ahmed Tinubu, has reassured investors in the energy sector of his administration’s resolve to further enhance the business environment and ensure investment convenience. The President spoke as he inaugurated three milestone projects, which includes the expanded AHL…
Gas Explosion: Lagos Lawmakers Demand Better Enforcement Of Safety Law
Following a recent gas explosion in the Ajeromi/Ifelodun area of Lagos that resulted in fatalities, the state House of Assembly has called on concerned ministries, departments and agencies of government to step up enforcement of safety laws to protect lives…
N200bn: Oil Marketers Blame NMDPRA, NNPC Limited For Fuel Scarcity, Reveal Next Line of Action
Amid current scarcity of premium motor spirit (PMS), also known as petrol, across the country, petroleum marketers have placed the blamed on the Nigerian Midstream and Downstream Petroleum Regulatory Commission (NMDPRA) and Nigerian National Petroleum Company Limited (NNPC Limited). The…
