NNPC

Petrol queues: NNPC calls for calm, says no price hike in March

Petrol queues: NNPC calls for calm, says no price hike in March

By Obas Esiedesa The Nigerian National Petroleum Corporation (NNPC) on Sunday night disclosed that there will be no increase in the pump price of petrol in the month of March. The Corporation’s new stand is contrary to expectation of possible price hike in the month following rise in the price of crude oil in the […]
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NNPC makes N1.9trn from petroleum products sales in 12 months

NNPC makes N1.9trn from petroleum products sales in 12 months

By Obas Esiedesa THE Nigerian National Petroleum Corporation (NNPC) Thursday disclosed that it generated N1.95 trillion from the sales of petroleum products in 12 months, from October 2019 to October 2020. The Corporation in a statement, yesterday, by its Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru said premium motor spirit (petrol) accounted […]

OPEC quota: NNPC to focus on gas, condensate to boost revenue

OPEC quota: NNPC to focus on gas, condensate to boost revenue

By Obas Esiedesa WITH Nigeria’s oil production restricted to 1.74 million barrels per day by the Organization of the Petroleum Exporting Countries, OPEC, the Nigerian National Petroleum Corporation (NNPC) says it will focus on increasing gas and condensate productions to boost revenue for the country. The Corporation’s Group Managing Director, Mallam Mele Kyari who disclosed […]