Monday, February 10, 2020

Tag "NNPC"

    NNPC records 94% increase in pipeline vandalism

NNPC records 94% increase in pipeline vandalism

The Nigerian National Petroleum Corporation (NNPC) says it recorded 94 percent increase in pipeline vandalism across the country in November. This is contained in the 53rd edition of the NNPC's monthly financial and operations report (MFOR) released in Abuja on Sunday. In a statement, Samson Makoji, acting general manager, group public affairs division of the NNPC, said the report showed 68 pipeline points [...]

0 comment Read Full Article
    Mele Kyari highlights importance of sports as he rewards winners of NNPC tournament

Mele Kyari highlights importance of sports as he rewards winners of NNPC tournament

Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), says staff of the corporation can’t deliver except they are physically and mentally happy.  Kyari made this remark at the closing ceremony of the 12th edition of the NNPC Sports Fiesta held at the Chevron recreational centre in Lagos. Kyari said he has identified physical and mental fitness as the [...]

0 comment Read Full Article
    Two killed as yet another pipeline explodes in Lagos

Two killed as yet another pipeline explodes in Lagos

A pipeline belonging to the Nigerian National Petroleum Corporation (NNPC) exploded in the Abule-Egba area of Lagos on Sunday, killing at least two persons. Ibrahim Farinloye, acting zonal coordinator of The National Emergency Management Agency (NEMA)  in the south-west, confirmed this to NAN on Sunday. The raging fire caused panic among the residents of Abule Egba, Ile Epo and Ekoro road. Thick smoke [...]

0 comment Read Full Article
    Contractor: NNPC using EFCC to block $22.6m awarded to my company

Contractor: NNPC using EFCC to block $22.6m awarded to my company

Akinola Ogunlewe, chief executive of BCE Consulting Engineering (BCE), has accused the Nigerian National Petroleum Corporation (NNPC) of trying to use the Economic and Financial Crimes Commission (EFCC) to get $22.6 million the court awarded their company. NNPC had hired BCE in 1999 to provide consultancy services for the Bonga oil field development project. The contract between NNPC and BCE, which was [...]

1 comment Read Full Article
    PHOTOS: How NNPC GMD shut down Maiduguri for son, daughter’s wedding

PHOTOS: How NNPC GMD shut down Maiduguri for son, daughter’s wedding

[...]

0 comment Read Full Article
    Nigeria’s Omar emerges secretary-general of African Petroleum Producers’ Organisation

Nigeria’s Omar emerges secretary-general of African Petroleum Producers’ Organisation

Omar Ibrahim, a Nigerian, has emerged secretary-general of the African Petroleum Producers’ Organization (APPO). His appointment was ratified at the extraordinary session of the APPO council of ministers, which held in Abuja, on Thursday. Ibrahim took over from Mahaman Gaya whose tenure ended same day. The Nigerian, with a focus in international energy relations, has served as governor of the Organisation of Oil [...]

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
    Senate asks NNPC to return N382m ‘spent’ on firefighting

Senate asks NNPC to return N382m ‘spent’ on firefighting

The senate has asked the Nigeria National Petroleum Corporation (NNPC) to return "outrageous" N382 million the corporation said it spent on firefighting operations in Komkom, Rivers state. The request of the upper legislative chamber followed a report presented by Abdullahi Gobir, senator representing Sokoto east, on Tuesday. The senate had setup an ad hoc committee chaired by Gobir to probe pipeline explosions [...]

0 comment Read Full Article
    Sylva describes Nigeria as a laughing stock in oil business

Sylva describes Nigeria as a laughing stock in oil business

Timipre Sylva, minister of state for petroleum resources, says Nigeria is currently a laughing stock in the way it operates business in the oil and gas sector. Sylva said this in Abuja when he hosted delegates from Total Exploration and Production, Nigeria, led by Mike Sangster, its managing director. The minister said the country must bring down the cost of production of [...]

0 comment Read Full Article
    NNPC: Why we increased price of Kerosene

NNPC: Why we increased price of Kerosene

The Nigerian National Petroleum Corporation (NNPC) has attributed the increase in the price of household kerosene in the country to the pressure of demand and supply. [...]

0 comment Read Full Article
    ‘It was compromised’ — Malami on why Buhari rejected PIGB

‘It was compromised’ — Malami on why Buhari rejected PIGB

[...]

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
    Baru blames vandals for Ijegun pipeline explosion, orders immediate repairs

Baru blames vandals for Ijegun pipeline explosion, orders immediate repairs

Maikanti Baru, group managing director of the Nigerian National Petroleum Corporation (NNPC), has blamed vandals for the pipeline explosion at Ijegun, a suburb of Lagos state. At least two persons were killed while 30 cars got razed in the incident which occurred on Thursday morning. Speaking with NAN on Thursday, Ndu Ughamadu, corporation's spokesman, said engineers Baru directed to redress the [...]

0 comment Read Full Article
    NNPC: We’ll resume oil search in Chad Basin after security clearance

NNPC: We’ll resume oil search in Chad Basin after security clearance

The Nigerian National Petroleum Corporation (NNPC) says it will resume oil search in the Chad Basin as soon as it receive security clearance.   [...]

0 comment Read Full Article
1 2 3 27
Advertisement
Advertisement
Advertisement

Advertisement

Exchange Rates

February 04, 2019USDGBPEUR
INTERBANK306397354
LAGOS355444389
KANO354445370
PH355447412
ABUJA356454413
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