Tag "Mele Kyari"

    FG, US sign $1.1m grant for Abuja independent power project

FG, US sign $1.1m grant for Abuja independent power project

Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC) says electricity is a luxury only the elite in the country can afford. Kyari made the statement at the Nigeria International Petroleum Summit in Abuja on Tuesday. The summit with the theme, 'Widening the integration circle: technology, knowledge, sustainability partnership', saw the signing of a $1.1 million grant between the [...]

0 comment Read Full Article
    Fashola: How we are easing the problem of moving fuel during festive period

Fashola: How we are easing the problem of moving fuel during festive period

Babatunde Fashola, minister of works and housing, says his ministry is working towards ensuring the smooth movement of fuel across the country during the festive period. The minister said this in Abuja on Monday during a stakeholders' meeting chaired by Abba Kyari, chief of staff to the president. He said the ministry has instructed contractors to make alternative routes for easy movement [...]

0 comment Read Full Article
    EXTRA: ‘He got off his seat and served me tea’ — EITI chief wowed by NNPC GMD’s ‘humility’

EXTRA: ‘He got off his seat and served me tea’ — EITI chief wowed by NNPC GMD’s ‘humility’

Mark Robinson, executive director of the Extractive Industries Transparency Initiative (EITI), has described Mele Kyari as a reform champion. EITI is the global standard to promote the open and accountable management of oil, gas and mineral resources. In June, President Muhammadu Buhari appointed Kyari as the group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC). Speaking at a meeting in Abuja [...]

0 comment Read Full Article
    No plan to increase pump price, says NNPC

No plan to increase pump price, says NNPC

The Nigerian National Petroleum Corporation (NNPC) has dismissed reports that it is planning to increase the price of premium motor spirit (PMS) better known as petrol. In a statement, Ndu Ughamadu, group general manager, group public affairs division of NNPC, said mischief makers are behind the reports. During a visit to Senate President Ahmad Lawan on Wednesday, Mele Kyari, group managing director [...]

0 comment Read Full Article
    Baru: I have sacrificed 45.6% of my terminal benefits for NNPC pensioners

Baru: I have sacrificed 45.6% of my terminal benefits for NNPC pensioners

Maikanti Baru, immediate past group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says he has sacrificed 45.6% of his terminal benefit for the corporation's pensioners. Speaking at his valedictory speech in Abuja, on Monday, Baru said he lost N1.5 million to the deliberate sacrifice. He commended the efforts of other officers who worked with him during his tenure. Commending Isiaka [...]

0 comment Read Full Article
    Abba, Abba, Abba and Mele – how well do you know your Kyaris?

Abba, Abba, Abba and Mele – how well do you know your Kyaris?

Who is Mele Kyari, the new group managing director of the Nigerian National Petroleum Corporation (NNPC)? The news making the rounds is that the NNPC boss is related to Abba Kyari (pictured), President Muhammadu Buhari’s chief of staff (CoS); some even say he is the CoS's younger brother. And the issue is hotter than you would imagine. In fact, a social media [...]

0 comment Read Full Article
    We can now account for every barrel of oil sold, says NNPC

We can now account for every barrel of oil sold, says NNPC

The Nigerian National Petroleum Corporation (NNPC) says it can now account for every barrel of oil sold as it has achieved 98 percent automation of all its transactions. The corporation said the automation included supply, marketing and sale of the various grades and blends of Nigeria’s crude oil across the world. Mele Kyari, group general manager, crude oil marketing division of the corporation,  [...]

0 comment Read Full Article
    Boko Haram may kill 100 people but this will not impact oil prices again, says NNPC chief

Boko Haram may kill 100 people but this will not impact oil prices again, says NNPC chief

Mele Kyari, group general manager (GGM) of crude oil marketing division of the Nigerian National Petroleum Corporation (NNPC), says Boko Haram insurgency no longer affects crude oil sales in Nigeria. Kyari, who spoke at the crude oil term contract bid opening at the NNPC Towers in Abuja, said Boko Haram may kill 100 people and nothing would happen to sales. “The traditional [...]

0 comment Read Full Article
Advertisement
Advertisement
Advertisement

Advertisement

Exchange Rates

March 25, 2019USDGBPEUR
INTERBANK306397354
LAGOS380478402
KANO375477498
PH380478498
ABUJA375476400
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement