NNPC news

My colleagues and I will decide on next line of action - Governor Yari questions NNPC’s payment of N800bn for subsidy

My colleagues and I will decide on next line of action - Governor Yari questions NNPC’s payment of N800bn for subsidy

My colleagues and I will decide on next line of action - Governor Yari questions NNPC’s payment of N800bn for subsidy
Painful experience for residents, shop owners in Kwara as FG destroys buildings on NNPC pipelines

Painful experience for residents, shop owners in Kwara as FG destroys buildings on NNPC pipelines

The federal government has demolished buildings erected illegally on oil pipelines of the NNPC in Tanke area in Ilorin, Kwara state capital. The demolition exercise lasted from Tuesday, April 3 to Saturday, April 7.

Painful experience for residents, shop owners in Kwara as FG destroys buildings on NNPC pipelines
NNPC achieved smooth movement of funds to TSA, closed about 2000 accounts - Official discloses

NNPC achieved smooth movement of funds to TSA, closed about 2000 accounts - Official discloses

The chief financial officer of the Nigerian National Petroleum Corporation (NNPC), Isiaka Abdulrazaq, has disclosed that the introduction of the Treasury Single Account (TSA) closed about 2000 accounts managed by the corporation.

NNPC achieved smooth movement of funds to TSA, closed about 2000 accounts - Official discloses
Nigeria incurs N1.4trn under-recovery on fuel subsidy per year - FG

Nigeria incurs N1.4trn under-recovery on fuel subsidy per year - FG

The Nigerian National Petroleum Corporation (NNPC) has revealed that it spends N1.4 trillion per year as fuel subsidy. According to the federal government, the NNPC has been shouldering this burden as it is the last resort.

Nigeria incurs N1.4trn under-recovery on fuel subsidy per year - FG
Ghana’s $40.3 million debt forces Nigeria to cut gas supply by 50 percent

Ghana’s $40.3 million debt forces Nigeria to cut gas supply by 50 percent

Report from the country’s agency, Ecofin, stated that Nigeria had since the beginning of the year been sending about 60 million cubic feet of gas per day to Ghana through the West Africa Gas Pipeline Company Limited, WAPCo.

Ghana’s $40.3 million debt forces Nigeria to cut gas supply by 50 percent
We've imported N2.09 trillion worth of petrol to tackle fuel crisis - NNPC reveals

We've imported N2.09 trillion worth of petrol to tackle fuel crisis - NNPC reveals

Represented by the chief operating officer, finance and account, Abdulrazaq Isiaka, the group managing director said the NNPC's move to purchase the large amount of fuel has helped in reducing the sufferings of Nigerians.

We've imported N2.09 trillion worth of petrol to tackle fuel crisis - NNPC reveals
Breaking: Senate passes conference committee report on PIGB, unbundles NNPC

Breaking: Senate passes conference committee report on PIGB, unbundles NNPC

The national assembly has passed the historic Petroleum Industry Governance Bill (PIGB). The bill was passed after Donald Alasodura, senator representing Ondo central, presented a conference committee report on the bill.

Breaking: Senate passes conference committee report on PIGB, unbundles NNPC
Half of all the petrol pumped through the Aba-Enugu pipeline stolen - NNPC

Half of all the petrol pumped through the Aba-Enugu pipeline stolen - NNPC

The Nigerian National Petroleum Corporation revealed that about 50 percent of petroleum products pumped through Aba-Enugu pipeline network was stolen as it lamented high rate of vandalisation in the south-eastern part of Nigeria,

Half of all the petrol pumped through the Aba-Enugu pipeline stolen - NNPC
Court sentences ex-NNPC worker to death for killing daughter’s boyfriend

Court sentences ex-NNPC worker to death for killing daughter’s boyfriend

One Godwin Elewana who is a retired worker of the Nigerian National Petroleum Corporation (NNPC) has been sentenced to death by hanging by the Cross River State High Court for reportedly killing his daughter’s boyfriend.

Court sentences ex-NNPC worker to death for killing daughter’s boyfriend
Maikanti Baru reveals NNPC's plans to drill 4 oil wells on Gongola Basin

Maikanti Baru reveals NNPC's plans to drill 4 oil wells on Gongola Basin

Four oil and gas wells were being planned for drilling on the Gongola Basin to further test the prospects identified around the Kolmani River-1, Nasara-1 and Kuzari-1 in 2018, the Nigerian National Petroleum Corporation said.

Maikanti Baru reveals NNPC's plans to drill 4 oil wells on Gongola Basin
NNPC promises to work with military in oil exploration in Chad Basin - Baru

NNPC promises to work with military in oil exploration in Chad Basin - Baru

The Nigerian National Petroleum Corporation (NNPC) says it will work closely with security agencies in its bid to resume oil exploration in the Chad Basin.The Group Managing Director of NNPC, Dr Maikanti Baru disclosed this.

NNPC promises to work with military in oil exploration in Chad Basin - Baru
Anti-corruption: NNPC to go paperless soon - Baru

Anti-corruption: NNPC to go paperless soon - Baru

The NNPC paperless going concern represents a work environment wherein the use of paper is eliminated or greatly reduced. This is usually achievable through conversion of documents and other papers into digital form.

Anti-corruption: NNPC to go paperless soon - Baru
Nigerian refineries will start working soon, NNPC assures

Nigerian refineries will start working soon, NNPC assures

The GMD of the NNPC, Dr Maikanti Baru said as part of the ongoing reforms in the NNPC, the corporation had been holding far-reaching discussions with some consortia to get the best funding options towards the refineries’ overhaul.

Nigerian refineries will start working soon, NNPC assures
2019: APC presidential aspirant outlines lofty goals; vows to establish NNPC office in the US if he unseats Buhari

2019: APC presidential aspirant outlines lofty goals; vows to establish NNPC office in the US if he unseats Buhari

Dr SKC Ogbonna, an APC presidential aspirant has stated that if he wins the presidential office, he would set up an NNPC office in the United States; and cause the US to resume importation of Nigerian crude oil.

2019: APC presidential aspirant outlines lofty goals; vows to establish NNPC office in the US if he unseats Buhari
PDP reacts to NNPC spending N774 million per day, accuses presidency of covering up subsidy fraud

PDP reacts to NNPC spending N774 million per day, accuses presidency of covering up subsidy fraud

The Peoples Democratic Party has accused the Federal Government of Nigeria of trying to cover a “huge fraud in the presidency by “declaring it spends N24 billion monthly (N774 million per day) to subsidise fuel in the country.”

PDP reacts to NNPC spending N774 million per day, accuses presidency of covering up subsidy fraud
NNPC alerts on proliferation of fuel stations in border towns

NNPC alerts on proliferation of fuel stations in border towns

According to the corporation, the development has energized unprecedented cross-border smuggling of petrol to neighboring countries, making it difficult to sanitize the fuel supply and distribution matrix in the country.

NNPC alerts on proliferation of fuel stations in border towns
9 days after release of UNIMAID lecturers, NNPC vows to recommence oil exploration in Chad Basin

9 days after release of UNIMAID lecturers, NNPC vows to recommence oil exploration in Chad Basin

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has said that oil exploration will continue in the Chad Basin. The GMD said NNPC has concluded all effort to begin exploration.

9 days after release of UNIMAID lecturers, NNPC vows to recommence oil exploration in Chad Basin
NNPC, Kogi government sign MoU on fuel-ethanol project to create 2 million jobs

NNPC, Kogi government sign MoU on fuel-ethanol project to create 2 million jobs

Speaking during the signing of the MoU on Monday, February 27 in Abuja, the Group Managing Director of the NNPC, Maikanti Baru, said the project would yield a cane mill and a raw and refined sugar plant of 126,000 tonnes annually.

NNPC, Kogi government sign MoU on fuel-ethanol project to create 2 million jobs
Reps order stay on planned $1.8b to be used to maintain country’s refineries

Reps order stay on planned $1.8b to be used to maintain country’s refineries

The House of Representatives has given an order to the Nigeria National Petroleum Corporation (NNPC) to stop in its plan to spend $1.8 billion on the turn around maintenance (TAM) of the nation’s four refineries.

Reps order stay on planned $1.8b to be used to maintain country’s refineries
We have imported $5.8bn worth of PMS - NNPC

We have imported $5.8bn worth of PMS - NNPC

The Nigerian National Petroleum Corporation (NNPC) said it spent about 5.8 billion dollars to import Premium Motor Spirit (PMS) popularly known as petrol to combat fuel crisis that resurfaced since late last year.

We have imported $5.8bn worth of PMS - NNPC
DPR investigates alleged diversion of 40,000 litres of fuel meant for Gombe

DPR investigates alleged diversion of 40,000 litres of fuel meant for Gombe

The department of Petroleum Resources (DPR), northwest zonal office, Kaduna, says it is investigating alleged diversion of 40,000 litres of fuel meant for Gombe. Head, down stream, of the zonal office, Yahaya Maishera, said this.

DPR investigates alleged diversion of 40,000 litres of fuel meant for Gombe
NNPC dispatches 29.058m litres of PMS to 13 northern states in 3 days

NNPC dispatches 29.058m litres of PMS to 13 northern states in 3 days

The Nigerian National Petroleum Corporation (NNPC), on Friday, February 16, said it supplied a total of 29.058 million litres of Premium Motor Spirit (PMS) popularly known as petrol to thirteen Northern states in three days.

NNPC dispatches 29.058m litres of PMS to 13 northern states in 3 days
NNPC commences recovery of landed property worth N100 billion

NNPC commences recovery of landed property worth N100 billion

The NNPC Properties Limited (NPL), the real estate management company of the NNPC, has commenced the recovery of the corporation’s landed property worth N100 billion across the length and breadth of the nation.

NNPC commences recovery of landed property worth N100 billion
NAIJ.com

The Nigerian National Petroleum Corporation (NNPC) is a Nigerian oil company, using that local authorities implement, manage and monitor petroleum operations within the country.

The NNPC was created on April 1, 1977 as a profitable result of successful combining two largest significant organizations: the Nigerian National Oil Corporation and the Federal Ministry of Mines and Steel. In addition, at the legislative level it completely coordinates general public corporation and international global enterprises, such as Texaco, ExxonMobil, Agip, Royal Dutch Shell and Chevron. By the way, the head office of the NNPC is located in Abuja, the enormous building resembles the four beautiful similar symmetrical towers.

It is worth to notice, that the strict structure of the company is composed of the Board, the Group Managing Director's office, Eight Directorates. Moreover, every department is managed by a special director. Among these departments the bodies, which are connected with quest for oil , processing of raw materials, preparation of investment projects, finances and costs, the gas and the energy industry, engineering designs and business expansion could be mentioned. However, the NNPC has its own branches, two partially subsidiary enterprises and 16 associated firms.

Don’t hesitate reading our news on this topic on naij.com.

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