The Nigerian National Petroleum Company Limited and the Nigerian Upstream Petroleum Regulatory Commission have remitted more than N322bn and $116.9m into the Federation Account within […]
Tag: NNPC
Obasanjo Doubts Future of Nigeria’s Refineries, Recounts Failed Privatization Attempts
Former President Olusegun Obasanjo has once again expressed deep scepticism about the possibility of Nigeria’s state-owned refineries ever becoming fully functional, insisting that years of […]
NNPC Refineries Running at “Monumental Loss” — Ojulari
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bayo Ojulari, has revealed that Nigeria’s state-owned refineries were operating at what […]
Dangote Refinery Giving Nigeria “Breathing Space” — NNPC Boss
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bayo Ojulari, has described the Dangote Petroleum Refinery as a major stabiliser […]
NNPC, Governors’ Forum Auditor Clash Again Over Alleged $42bn Unremitted Oil Revenue
A fresh dispute has broken out between the Nigerian National Petroleum Company Limited (NNPCL) and Periscope Consulting, the audit firm hired by the Nigeria Governors’ […]
Nigeria’s NNPC Faces Scrutiny Over N17.5tn Energy Security and Pipeline Protection Costs
Nigeria’s national oil company, the Nigerian National Petroleum Company Limited (NNPC), has revealed that the Federation owes it a massive N17.5 trillion for expenses incurred […]
Dangote Slams African Governments: We’re Importing Poison While Exporting Jobs
Africa’s richest man, Aliko Dangote, has raised the alarm over the continent’s growing reliance on cheap, toxic petroleum imports — accusing foreign suppliers of dumping […]
NNPC Declares N905bn Profit in June, Remits N6.96tn to FG in Five Months
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a profit after tax of N905 billion for the month of June 2025, alongside a […]
NNPC Slashes Petrol Price to ₦865–₦895 as Market Competition Heats Up
The Nigerian National Petroleum Company (NNPC) Limited has reduced petrol prices at its retail outlets, with fuel now selling for ₦865 per litre in Lagos […]
Refinery Scandal: Tinubu Under Fire as NNPC Considers Selling Non-Functional Refineries After $18bn Investment
President Bola Tinubu’s administration came under fire over the weekend after the Nigerian National Petroleum Company Limited (NNPCL) admitted that Nigeria’s state-owned refineries in Port […]