A concerned citizen, Mr. Prezugha Ezon, has called on the Federal Government and the Nigerian National Petroleum Company Limited (NNPCL) to extend the pipeline surveillance contract of Tantita Security Services …
NNPC
- Community DevelopmentEconomyEnvironmentNigeriaOil & GasSecurity
- African PoliticsEnergyGOVERNMENTInfrastructurePoliticsPublic SafetyTransportation
Umahi Dismisses Crack on Coastal Highway, Says N3tn Needed to Complete Road Projects
The Minister of Works, David Umahi, has cleared the air on a crack that appeared on the Lagos-Calabar Coastal Highway, saying it is not a structural failure and should not …
- EconomyEnergyMarketsOil & GasPoliciesPublic SectorTransportation
NNPC Reduces Petrol Price to N900 Just 48 Hours After Hike
Barely two days after increasing the pump price of Premium Motor Spirit (PMS), the Nigerian National Petroleum Company Limited (NNPC Ltd.) has again slashed the price at its retail stations, …
- BusinessEnergyEnvironmentGovernanceNigeriaOil & Gas
NNPC Boss Bayo Ojulari Denies Resignation Rumours, Calls for Strategic Energy Investment at Industry Conference
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari, has dismissed recent rumours about his resignation, saying he remains focused on attracting more investment …
- EconomyFinance & ServicesNigeriaOil & GasPolitics
Senate Demands NNPCL Account for N210 Trillion Flagged in 2017–2023 Audit Report
The Nigerian Senate has declared that the Nigerian National Petroleum Company Limited (NNPCL) is yet to account for a staggering N210 trillion flagged in the audit report of federal ministries, …
- BusinessEconomyEnergyGOVERNMENTOil & GasPolitics
Oil Companies Oppose Govt’s Order to Supply Dangote, Local Refineries
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that many oil companies in Nigeria opposed the Federal Government’s directive to supply crude oil to local refineries, including the Dangote …
- BusinessDangote IndustriesEconomyEnergyNewsNigeriaOil & GasPolicies
Petrol Marketers Expect Pump Price Drop as Crude Oil Prices Fall
Petroleum product marketers in Nigeria are expecting a possible drop in petrol pump prices this week, following a significant fall in international crude oil prices. This anticipated adjustment, according to …
- BusinessEconomyEnergyMarketsOil & GasPolitics
Fuel Price May Hit N1,000/Litre as Global Oil Prices Climb Amid US-Iran Tensions
Petrol prices in Nigeria could rise as high as N1,000 per litre in the coming weeks, as global crude oil markets respond to escalating geopolitical tensions in the Middle East, …
- EconomyFinance & ServicesGOVERNMENTOil & Gas
Senate Gives NNPCL One Week to Explain N210tn Financial Discrepancy
The Senate of the Federal Republic of Nigeria has given the Nigerian National Petroleum Company Limited (NNPCL) a one-week ultimatum to provide clear explanations for alleged discrepancies amounting to over …
- DevelopmentEconomyEnvironmentGOVERNMENTPolitics
MOSOP Demands Probe of Missing $300 Million Ogoni Fund, Urges Tinubu to Act on Oil Crisis Compensation
The Movement for the Survival of the Ogoni People (MOSOP) has raised serious alarm over the alleged mismanagement of $300 million (about ₦480 billion) which was meant to improve infrastructure …