Following the recent issues generated by the supply of methanol blended petrol in some parts of the country, the Nigerian National Petroleum Company (NNPC) Limited has reassured Nigerians of its capacity to restore sanity in the supply and distribution of quality Premium Motor Spirit (PMS) across the country within a short period. The Chief Executive…
By Adewole Kehinde On November 23, the Group Managing Director/Chief Executive Officer of NNPC Limited Mallam Mele Kyari projected that petrol would sell for between N320 and N340 per litre from February 2022. He stressed that Nigeria would be out of the subsidy regime in the first quarter of 2022. Mallam Kyari explained that the…
By Adewole Kehinde Since his assumption of office as the GMD of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari and his management team has made well, NNPC’s promise to ensure Nigerians enjoy a hitch-free celebration to date. It will be recalled that on October 22, 2021, the Independent Petroleum Marketers Association of Nigeria…
The Integrity Youth Alliance has called on the Founder of IBTC Stanbic Bank, Atedo Peterside to take time whenever he is online to go through the website of the Nigerian National Petroleum Corporation to get the facts behind the figures of the NNPC’s N287bn profit. This is coming as the Founder of IBTC Stanbic Bank,…
Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian National Petroleum Corporation (NNPC) and the Kaduna State Government have signed a Memorandum of Understanding (MoU) for utilisation and expansion of gas supply in the state. Speaking at the MoU Execution Ceremony which held Thursday at the Sir Kashim Ibrahim House in…
The Management of the Nigerian National Petroleum Corporation (NNPC) has announced the promotion and redeployment of some staff to fill key vacant positions in the corporation. In a statement released by the Corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru on Monday, the management said the appointments and redeployments would strengthen and…
By Adewole Kehinde The Nigerian National Petroleum Corporation (NNPC) was established on April 1, 1977. In addition to its exploration activities, the Corporation was given powers and operational interests in refining, petrochemicals and products transportation as well as marketing. Between 1978 and 1989, NNPC constructed refineries in Warri, Kaduna and Port Harcourt and took over…