Former GMD of NNPC, Dawha is dead
The Nigerian National Petroleum Corporation (NNPC), has announced the sudden death of its former Group Managing Director, Dr Joseph Thlama Dawha who passed away after a brief illness. His death was confirmed in a press statement that was signed by NNPC’s Group General Manager, Group Public Affairs Division, Dr Kennie Obateru, on Monday, August […]
Police discover Lagos well where residents siphon, sell petroleum products
By Ifeanyi Okolie Operatives of the Inspector-General of Police Special Intelligence Response Team, IRT, have discovered two wells, at Ejigbo area of Lagos State, which they said is being used in siphoning and selling petroleum products from a pipeline belonging to the Nigeria National Petroleum Corporation, NNPC. Police sources disclosed to Vanguard, that two suspects, […]
COVID-19: NNPC recorded N9.53bn trading deficit in March
By Michael Eboh The Nigerian National Petroleum Corporation (NNPC), on Wednesday, announced a trading deficit of N9.53 billion in its operations for March 2020, representing a sharp decline compared to the N3.95 billion surplus recorded in February 2020. In a statement in Abuja, Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, disclosed that […]
2018/19 Financial Statements: NNPC leads oil industry repositioning
By Emeka Anaeto Nigeria’s oil industry appears to have started a major turn-around, considered long overdue, to reposition it as a major catalyst in the transformation of the country’s economy. The process is led by the Nigerian National Petroleum Corporation, NNPC. The Corporation, this week, announced its audited financial statement, though the second in its […]
Audited Reports: NNPC now more transparent, accountable – Senate
Senate Committee Chairman on Petroleum Resources (Upstream), Senator Bassey Akpan, Monday commended the Nigerian National Petroleum Corporation (NNPC) for the recent release of the audited financial statements of its subsidiaries and business units, while he stated that the corporation is now more transparent and accountable than in the past.
Audited Reports: Pipeline vandalisation, theft, refineries impact NNPC negatively
The Nigerian National Petroleum Corporation (NNPC), yesterday, blamed pipeline vandalism, crude oil and petroleum products theft for the not-too-impressive performance of some of its subsidiaries and division as recorded in its recently-released audited financial statements.
