Peter Obi Says Oil Subsidy’s Is Organised Crime As NNPC Spends N3.4trn To Subsidize 66.7m Litres Of PMS

•Landing cost of PMS now N327.68 per litre •Notes Nigeria subsidizing fuel for Cameroon, other neighboring countries Presidential candidate of Labour Party, LP, in 2023 general elections, Mr Peter Obi, … Read More

How Dirty Fuel Logistics/Supply-Chain Crisis Which Was Averted By Mele Kyari’s Led NNPC Ltd, Has Been Complicated By Russian – Ukraine Conflict

P-PESPI called on Nigerians to excise more patience, as the current Russian – Ukraine Crisis may Complicate the smooth flow of Cargoes Vessels and Tankers around the black and Mediterranean … Read More

NNPC Confirms Shell, ExxonMobil, Other Big Oil Companies Are Leaving Nigeria As Elumelu, Other Nigerian Billionaires Buy Assets 

The Managing director of Nigeria National Petroleum Corporation Mele Kyari confirms Shell, ExxonMobil, Other Big Oil companies are leaving Nigeria As Elumelu, Other Nigerian Billionaires Buy Assets. NNPC Explains Why … Read More

Breaking: Buhari Appoints Senator Margret Okadigbo To Chair NNPC Board, As Ararume Is Out(Full List)

President Muhammadu Buhari   President Muhammadu Buhari has appointed Senator Margery Chuba Okadigbo as the Board Chairman of the Nigerian National Petroleum Company (NNPC) Limited. Okadigbo replaces Senator Ifeanyi Ararume, … Read More

Breaking News: Buhari Orders Incorporation Of NNPC, Appoints Senator Ifeanyi Ararume As Chairman(Full List) 

President Muhammadu Buhari has directed the incorporation of the Nigerian National Petroleum Company Limited, the State House has announced. A statement on Sunday issued by Special Adviser to the President … Read More

Busted: NNPC Executives Invite Newspaper Editors To Lagos Hotel, To Bribe Them To Discredit Report About Their Corruption

The management of the Nigerian National Petroleum Corporation (NNPC) has invited newspaper editors to a Lagos hotel with the intention of bribing them to discredit a recent report about ineptitude, … Read More

Latest NNPC Cuts Directors’ Fees by 60.2% to N214m – Reduces entertainment expenses from N8.3bn to N1.3bn

… Spends N14.2bn on travels, transport…    The Nigerian National Petroleum Corporation (NNPC) slashed the various fees collected by directors of the national oil company from N606 million in 2019 … Read More

Amidst Profit Declaration: Audit Of NNPC’s Account Shows Corporation Could Go Bankrupt

Nigeria’s state-owned oil company, Nigerian National Petroleum Corporation (NNPC), could be teetering on the brink of bankruptcy as the group’s current liabilities outweigh its current assets by as much as N4.6 trillion, the auditors’ report of its … Read More

PIA: For Productivity & Profitability, NNPC To Begin Sale Of Shares To Nigerians Soon – Mele Kyari 

The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has said that the earliest the corporation can issue its Initial Public Offer to investors is in the … Read More