For the fifth time in 2022, the Nigerian National Petroleum Company (NNPC) Limited failed to remit revenue to the federation account as subsidy claims eroded gains. NNPC said this in
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Nigeria may be inching towards another round of petrol scarcity as available statistics point toward extreme low crude oil production. TheCable understands that the drop in Nigeria’s oil production is
The Nigerian National Petroleum Corporation (NNPC) says “low loadouts” at depots are “very likely” contributing to the queues observed at petrol stations in Abuja. Over the weekend, queues had surfaced
On Thursday, the national assembly approved the request of President Muhammadu Buhari to earmark N4 trillion for petrol subsidy in 2022. Subsidy or under-recovery is the underpriced sales of premium
Mele Kyari, group managing director (GMD), Nigerian National Petroleum Company (NNPC) Limited, says the national oil company is the most
The costly petroleum subsidy bill may cross N300 billion next month as the landing cost of importing fuel skyrocketed amid
The house of representatives has asked oil and gas companies with outstanding debts owed to the federal government to present
The Nigerian National Petroleum Company (NNPC) Limited says it will grant a licence to the Airline Operators of Nigeria (AON)
Youths Arise Undiluted Leadership and Development Initiative (YAULD Initiative), a non-governmental organisation, has asked President Muhammadu Buhari to replace the
BY EMMANUEL IKE There have been what looks like a groundswell of criticisms against plans by the Nigerian National Petroleum
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