The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has not paid fuel subsidies to anyone in the last nine months. The Chief Financial Officer of the company, Alhaji Umar Ajiya, made the clarifications on Monday in Abuja. Ajiya…
NNPC Ltd: An all-round asset to Nigeria — Olufemi Soneye
In its editorial of 2nd August, 2024, the BusinessDay newspaper, characteristically, launched another scurrilous and baseless attack on the Nigerian National Petroleum Company Limited (NNPC Ltd). In the editorial entitled: “NNPCL: Liability or Asset to Nigerians?”, the newspaper set out…
NNPC Ltd, partner unlock 12,000bpd production from Awoba unit field
Keen on optimising production from the nation’s hydrocarbon assets to boost revenues and meet the nation’s OPEC production quota, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and…
Former NNPC GMD Dr Thomas Maurice Asuquo John passes away at 84
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the death of a former Group Managing Director (GMD) and Acting Alternate Chairman of the Board of the defunct Nigerian National Petroleum Corporation (NNPC), Dr. Thomas Maurice Asuquo John, at…
*Tears as 17-year-old dies of electrocution in Lagos (Guardian)*Policeman in court for defrauding businessman of N128m (Punch)
Tears as 17-year-old dies of electrocution in Lagos (Guardian) It was a shattered dream for Funmilayo Oseni, as hope of seeing her son, Fawaz Oseni, fulfill his destiny was dashed. The 17-year-old boy was electrocuted on May 26, 2023. Oseni,…
Transport fares hit rooftop as fuel shortage lingers in Lagos, environs
Transport fares in Lagos and its environs, yesterday, rose by more than 100 per cent, as the Nigerian National Petroleum Company Limited, NNPCL, and oil marketers battle to find a lasting solution to the fuel shortage. This came as Petroleum…
Petrol subsidy not sustainable – IPMAN
The Independent Petroleum Marketers Association of Nigeria (lPMAN), says subsidy on Premium Motor Spirit, popularly known as petrol, is no longer sustainable. Mr Mike Osatuyi, the National Operations Controller of lPMAN, in an interview with the News Agency of Nigeria…
NNPC, Morocco to sign gas pipeline MoU Thursday
The Nigerian National Petroleum Company Limited will on Thursday sign a Memorandum of Understanding with the Office National des Hydrocarbures et des Mines of Morocco. In a series of tweets via its official Twitter handle on Wednesday, the NNPC stated…