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Tag "NNPC"

‘It’ll endanger energy security’ — NNPC begs NUPENG to suspend planned strike

    ‘It’ll endanger energy security’ — NNPC begs NUPENG to suspend planned strike

The Nigerian National Petroleum Corporation (NNPC) has appealed to the National Union of Petroleum and Natural Gas Workers (NUPENG) to shelve its planned strike.   On Saturday, NUPENG said tanker drivers

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NNPC Limited has capitalisation of N200 billion, says CAC registrar

    NNPC Limited has capitalisation of N200 billion, says CAC registrar

Garba Abubakar, registrar/chief executive officer of the Corporate Affairs Commission (CAC), says the newly incorporated Nigerian National Petroleum Company (NNPC) Limited has a capitalisation of N200 billion. Capitalisation is the

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SCAM ALERT: Beware of fraudsters — we’re not recruiting, NNPC warns

    SCAM ALERT: Beware of fraudsters — we’re not recruiting, NNPC warns

The Nigerian National Petroleum Corporation (NNPC) says the public should disregard reports that it is recruiting.  In a statement issued on Sunday, Garba Deen Muhammad, group general manager, public affairs division,

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Petrol subsidy removal: The case for bridging and ancillaries

    Petrol subsidy removal: The case for bridging and ancillaries

In July this year, the Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, affirmed that government subsidy on petrol had risen to some ₦150 billion monthly and made

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‘Buhari not using NNPC like personal ATM’ — Femi Adesina speaks on N287bn net profit

  ‘Buhari not using NNPC like personal ATM’ — Femi Adesina speaks on N287bn net profit

Femi Adesina, media adviser to President Muhammadu Buhari, says the Nigerian National Petroleum Corporation (NNPC) declared a net profit in

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NNPC: We spent N541bn on petrol subsidy in six months

  NNPC: We spent N541bn on petrol subsidy in six months

The Nigerian National Petroleum Corporation (NNPC) says it spent N541.65 billion on petrol subsidy between February and July 2021. This

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NNPC declares N287bn net profit for 2020 — ‘first time ever’

  NNPC declares N287bn net profit for 2020 — ‘first time ever’

The Nigerian National Petroleum Corporation (NNPC) has posted N287 billion profit after tax (PAT) for the year ended December 31,

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NNPC: Setting up filling stations in neighbouring countries won’t stop petrol smuggling

  NNPC: Setting up filling stations in neighbouring countries won’t stop petrol smuggling

The Nigerian National Petroleum Corporation (NNPC) says setting up filling stations in neighbouring countries will not stop petrol smuggling.  Mele Kyari,

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Mele Kyari: 3% to host communities higher than 30% of profit oil and gas for frontier exploration

  Mele Kyari: 3% to host communities higher than 30% of profit oil and gas for frontier exploration

Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), says allocation of three percent oil companies operating

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