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Tag "NNPC"

EXCLUSIVE: Petrol subsidy payments gulped N1.27trn in five months

    EXCLUSIVE: Petrol subsidy payments gulped N1.27trn in five months

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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Petrol scarcity to continue as NNPC is hit by low share of crude oil

    Petrol scarcity to continue as NNPC is hit by low share of crude oil

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

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Low loadouts, after-holiday purchases… NNPC gives reasons for petrol queues in Abuja

    Low loadouts, after-holiday purchases… NNPC gives reasons for petrol queues in Abuja

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

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INSIGHT: Nigeria’s N4trn budget for petrol subsidy is more than 2021 CIT, VAT combined

    INSIGHT: Nigeria’s N4trn budget for petrol subsidy is more than 2021 CIT, VAT combined

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

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Audit query: NNPC is most transparent national oil company in the world, says Mele Kyari

  Audit query: NNPC is most transparent national oil company in the world, says Mele Kyari

Mele Kyari, group managing director (GMD), Nigerian National Petroleum Company (NNPC) Limited, says the national oil company is the most

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Reps ask oil companies to provide evidence of N2.6trn tax, royalty payments

  Reps ask oil companies to provide evidence of N2.6trn tax, royalty payments

The house of representatives has asked oil and gas companies with outstanding debts owed to the federal government to present

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NNPC: Airline operators will be granted licence to import aviation fuel

  NNPC: Airline operators will be granted licence to import aviation fuel

The Nigerian National Petroleum Company (NNPC) Limited says it will grant a licence to the Airline Operators of Nigeria (AON)

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Off-spec petrol: NGO asks Buhari to replace heads of NMDPRA, NNPC

  Off-spec petrol: NGO asks Buhari to replace heads of NMDPRA, NNPC

Youths Arise Undiluted Leadership and Development Initiative (YAULD Initiative), a non-governmental organisation, has asked President Muhammadu Buhari to replace the

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PIA: NNPC broadens investment opportunities

  PIA: NNPC broadens investment opportunities

BY EMMANUEL IKE There have been what looks like a groundswell of criticisms against plans by the Nigerian National Petroleum

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