NNPC

NNPC Board: Ibekaku-Nwagwu hails Buhari’s gender sensitivity

NNPC Board: Ibekaku-Nwagwu hails Buhari’s gender sensitivity

The Special Assistant to President Muhammadu Buhari on Justice Reform and International Relation, Chief Juliet Ibekaku-Nwagwu, has commended the President on his favourable disposition to issues of gender inclusion in his administration.
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NNPC urges petroleum tanker drivers to shelve planned strike

NNPC urges petroleum tanker drivers to shelve planned strike

NNPC on Sunday in Abuja called on petroleum tanker drivers to call off its planned strike in the interest and welfare of Nigerians. “The strike is about the condition of roads in various parts of Nigeria used for the distribution of goods and services including petroleum products. “While it is not the responsibility of the […]

The NNPC Board Intrigues: Winners and losers

The NNPC Board Intrigues: Winners and losers

The minister of petroleum, that is Muhammadu Buhari, at the beginning of the week ordered the incorporation of the new Nigerian National Petroleum Company, Limited as envisaged by the new Petroleum Industry Act, PIA. Given his background as a petroleum minister under General Olusegun Obasanjo in the seventies, Buhari’s seeming speed in driving the reforms […]

Implications of NNPC N287bn profit, 2020 audited financial statements

Implications of NNPC N287bn profit, 2020 audited financial statements

By Udeme Akpan With the prolonged coronavirus, COVID-19, pandemic, many analysts did not expect much from operators in the oil and gas industry globally for some reasons. First, the pandemic culminated in lockdown and low demand for oil and gas, especially in China and India, which constitute Nigeria’s major buyers. Second, it also impacted negatively […]

Buhari appoints Ararume as Board Chairman of new NNPC Ltd

Buhari appoints Ararume as Board Chairman of new NNPC Ltd

By Obas Esiedesa – Abuja President Muhammadu Buhari has named Senator Ifeanyi Ararume as NNPC Limited Board Chairman with Mele Kolo Kyari and Umar I. Ajiya as Chief Executive Officer, and Chief Financial Officer, respectively. The president ordered the incorporation of NNPC Limited in line with the provision of the Petroleum Industry Act (PIA). A […]