NNPC

Are we drinking petrol, Sanusi questions NNPC claim on daily fuel consumption

Former Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, has questioned the volume of petrol claimed to be…

2 years ago

NNPC declares over 100% profit in one year, with N674bn for 2021

The Nigerian National Petroleum Company (NNPC) Limited recorded a profit after tax (PAT) of N674 billion for the year ended…

2 years ago

NNPC denies operating secret account, says fuel subsidy gulps N2.6tn

The Nigerian National Petroleum Company Limited (NNPCL) has not remitted any amount to the federation account since the beginning of…

2 years ago

Subsidy: Customs boss doubts NNPC claim of 98 million litres/day petrol consumption

The Comptroller-General of Nigeria Customs Service, Col. Hameed Ali (retd.), has expressed doubt over a claim by the Nigerian National…

2 years ago

Arewa youths give FG seven days to terminate Tompolo’s pipeline surveillance contract

Protesting Arewa youths on Monday stormed the headquarters of the Nigerian National Petroleum Company (NNPC) Limited, demanding the termination of…

2 years ago

FG moves to stop $1.9bn monthly loss to oil theft

The Federal Government has stepped up moves to halt oil theft, costing Nigeria a monthly loss of $1.9bn, Minister of…

2 years ago

Subsidy: FAAC demands petrol consumption records from NNPC

The Federation Account Allocation Committee (FAAC) has asked the Nigerian National Petroleum Company (NNPC) to submit state-by-state consumption of Premium…

2 years ago

Dollar Remittance: Presidency Wades Into CBN, NNPC ‘Feud’

The presidency has waded into the controversy raging between the Central Bank of Nigeria (CBN) and the Nigeria National Petroleum…

2 years ago

Voluntary retirement: NNPC offers exit packages to ‘500’ employees

The Nigerian National Petroleum Company Limited (NNPCL) has reportedly offered a “tempting” package for workers willing to accept voluntary retirement.…

2 years ago

NNPC says it did not authorise new petrol pump price

The Nigerian National Petroleum Company Limited has said it did not direct marketers to fix a new ex-depot price and…

2 years ago