In 13 months, Nigerians spent N2.37tn on petrol imported into the country by the Nigerian National Petroleum Corporation, data released by the corporation have shown. The corporation said on Wednesday…
Fuel Scarcity
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The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 19.14 per cent in the average daily natural gas supply to power plants in April 2020. The Corporation disclosed…
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The Senate has directed the Nigerian National Petroleum Corporation (NNPC) to refund the sum of N382,203,055.74 it claimed to have used in fire fighting operation during a pipeline explosion in…
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NNPC Begins Redeployment of Top Managers Over Alleged Corruption
by Damilare Salami September 3, 2019The Nigerian National Petroleum Corporation (NNPC) has commenced the massive redeployment of managers especially in its upstream industry exploration and production subsidiary, the Nigerian Petroleum Development Company Limited (NPDC). Sources…
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The Nigerian Extractive Industries Transparency Initiative (NEITI) on Thursday accused the Nigerian National Petroleum Corporation (NNPC) of under-remitting N77.92billion to the Federation Account in 2017. The report which is pilot…
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The Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers to disregard trending rumour of a planned hike in the pump price of Premium Motor Spirit…
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FAKE NEWS ALERT: NNPC Debunks Impending Fuel Scarcity Rumours
by Damilare Salami April 12, 2019The Nigerian National Petroleum Corporation (NNPC) has urged Nigerians to disregard rumours of an impending scarcity of petrol in the country. In a statement issued by Ndu Ughamadu, NNPC spokesman…
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Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge. U.S. West Texas Intermediate (WTI)…
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Fuel Scarcity Looms As Petroleum Marketers Asso, DAPPMAN Sets To Sack 10,000 Staff
by Damilare Salami February 21, 2018Another fuel scarcity is around the corner Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) says it will sack its staff, numbering over 10,000, and shut down all its…
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Fuel Scarcity: IPMAN says only 1 of 9 Depot Tanks In Ejigbo is functional
by Damilare Salami January 8, 2018The Independent Petroleum Marketers Association of Nigeria (IPMAN) has decried the situation whereby only one storage tank out of nine installed at the Ejigbo Depot was working. It appealed to…
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