If you are conversant with Victoria Island you must have passed through this imposing towers, which is one of its kind, sitting on a large expanse of land on Akin…
NNPC
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News
Finance Ministry Says Its Ignorant of NNPC $3.5 billion Subsidy Fund
by Damilare Salami November 2, 2018The Federal Ministry of Finance has denied knowledge of a $3.5 billion fund allegedly kept and utilised by the Nigeria National Petroleum Corporation (NNPC) for fuel subsidy. The Permanent Secretary,…
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The Nigerian National Petroleum Corporation (NNPC) says it has no plan to review pump prices of petroleum products, especially Premium Motor Spirit (PMS), popularly known as petrol. The Corporation disclosed…
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The Nigerian National Petroleum Corporation (NNPC) on Thursday restated its stance that the fire incident that happened on System 2E pipeline network in Umuaduru and Umuimo communities in Abia State…
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News
Oil Theft: FG Withdraws Pipeline Security Contract From Agency
by Damilare Salami August 29, 2018The federal government has withdrawn the contract for securing petroleum pipelines awarded to a private firm, Topline Security. The contract, which was awarded by the Nigerian National Petroleum Corporation (NNPC),…
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News
What Happened To Oil Money? VP Osinbajo Tackles IBB, OBJ, Jonathan
by Damilare Salami August 28, 2018Vice-President Yemi Osinbajo has questioned the management of Nigeria’s oil resources by previous administrations. Relying on OPEC statistics on oil revenues accruable to Nigeria under successive administrations between 1990 and…
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The Independent Petroleum Marketers Association of Nigeria, IPMAN, on Wednesday said that petrol allocation by the Nigeria National Petroleum Corporation (NNPC) to Ibadan depot was grossly inadequate. Raimi Tayo, Ibadan…
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The Nigerian senate has resolved to invite heads of agencies dealing with tankers and their drivers with a view to finding a lasting solution to incidences of accidents on roads.…
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Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru says it will prove to Nigerians that the Corporation is the most transparent organisation in Nigeria. Baru…
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The Federal Government has said that it has no money to fix the nation’s refineries. The Minister of State for Petroleum Resources, Ibe Kachikwu, disclosed this on Wednesday while briefing…