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JUST IN: Workers Shut Down NNPC Nationwide As Fuel Scarcity Bites Harder

The lingering fuel scarcity currently plaguing Nigeria bites harder just as the employers of the Nigerian National Petroleum Corporation, NNPC, shut down the activities...

It Gets Worse: NNPC Loses N5.7Billion To Inefficient Refineries

Nigeria’s four refineries lost a total of N5.7 billion in January, the state oil firm, Nigerian National Petroleum Corporation, NNPC, has said on Sunday, March...

PENGASSAN, NUPENG Reject Unbundling Of NNPC Into 30 Companies

NAN - Two major unions in the oil and gas sector on Friday rejected plans to unbundle the Nigerian National Petroleum Corporation (NNPC) into...

Be Patient, Fuel Scarcity Will End In 72 Hours – FG

The Federal Government, on Tuesday, November 17, 2015 urged Nigerians to exercise patience over the fuel crisis currently witnessed across the country, while it...

We Need $500 Million To Fix Refineries – NNPC

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Ibe Kachikwu has availed that the sum of $500 million is needed for...

Fuel Is Not Scarce – NNPC Warns Against Panick Buying

The Nigerian National Petroleum Corporation (NNPC), Tuesday, called on Nigerians to desist from panic buying of Premium Motor Spirit (PMS), also known as fuel,...

EFCC Operatives Invade Diezani’s Abuja Residence

Fully armed operatives of the Economic Financial Crimes Commission (EFCC) have taken over the Asokoro, Abuja residence of the immediate past Minister of Petroleum,...

NNPC: We Will Sell Refineries By December If …

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Ibe Kachikwu, has disclosed that the corporation would commence the sale of any...

Buhari Backpedals, Exempts NNPC, PHCN, 11 Others From Treasury Single Account

The President Muhammadu Buhar-led Federal Government may have had a rethink about its decision to have a Treasury Single Account (TSA) for all Federal...

Report: NNPC Failed To Remit N2.5 Trillion Oil Proceeds In 10 Years

The Nigeria National Petroleum Corporation (NNPC) has failed to return $12.3 billion (N2.5 trillion) crude oil proceeds into the Federation Account in the past...

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