NNPC

Tinubu Moves To Block NNPC Oil Revenue President Bola Tinubu has directed the Nigerian National Petroleum Company Limited to remit oil taxes, royalties and profit oil directly to the appropriate authorities, stopping deductions at…
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The African Democratic Congress has accused President Bola Tinubu of acting beyond his powers by approving the cancellation of debts owed by the Nigerian National Petroleum Company Limited to the federation account. The party reacted on…
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The Petroleum Products Retail Outlets Owners Association of Nigeria is urging the Federal Government to sell Nigeria’s four state-owned refineries operated by NNPC Limited to private investors. The call was made this week as PETROAN…
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Nigeria’s state oil firm, NNPC Limited, has reduced the pump price of petrol to ₦835 per litre across its retail outlets, responding to changing conditions in the downstream market. The price cut took effect this week at NNPC filling…
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The House of Representatives has opened an investigation into the NNPC Pension Fund Limited after rising complaints from retirees who say they have been denied access to their pension benefits. The move followed a motion by Muhammad…
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The Nigerian National Petroleum Company (NNPC) Limited has linked the recent rise in cooking gas prices to the strike action by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). Group Chief Executive Officer…
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The Nigerian National Petroleum Company Limited has signed a fresh two-year crude supply agreement with the Dangote Petroleum Refinery to guarantee steady feedstock for the 650,000-barrel-per-day plant in Lekki, Lagos. Details of the…
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Aliko Dangote has raised serious doubts about the future of Nigeria’s state-owned refineries despite over $18 billion reportedly spent on repairs. Speaking during a visit by the Global CEO Africa group from Lagos Business School to his…
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Malam Mele Kyari, Group Managing Director of the Nigerian National Petroleum Company (NNPC), has hinted that a litre of fuel may sell between N320 and N340 in 2022. He said this during the presentation of the World Bank Nigeria…
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