Corruption: Reps threaten to expose CBN, NNPC, others
By Tordue Salem – Abuja The House of Representatives on Monday threatened to expose the amount of generated public funds unaccounted for by the Central Bank of Nigeria, CBN, the Nigeria National Petroleum Corporation, NNPC and several other unremitting agencies in the country. Chairman of the House Public Accounts Committee, Rep. Wole Oke issued the […]
NNPC adopts new strategy to deal with pipeline vandalism
The recurring pipeline vandalism, which has done a lot of damage to both the Nigerian environment and the economy at large, may be a thing of the past, if the recent involvement of host communities by the Nigerian National Petroleum Corporation, NNPC, is anything to go by.
NNPC declares N5.20bn trading surplus in August
The Nigerian National Petroleum Corporation (NNPC) said it made ₦5.20billion trading surplus for the month of August, reflecting an increase of 22 per cent compared with the ₦4.26 billion surplus posted in July. The corporation disclosed this in its Monthly Financial and Operations Report (MFOR) for the month of August released in Abuja on Sunday. […]
NNPC records 22% growth in trading surplus
The Nigerian National Petroleum Corporation, NNPC, yesterday, announced an increased trading surplus of N5.20 billion for August 2019, reflecting an increase of 22 per cent when compared with the N4.26 billion surplus posted in July 2019,
Breach of Nigerian Laws: Senate probes actions of NNPC
***Seeks to unravel the influx of foreign vessels in the Coastal Region ***To investigate level of patronage of Nigerian shipping companies By Henry Umoru – Abuja The Senate has begun probe into what described as a worrisome breach of Nigerian Laws by Foreign Vessels in coastal shipping of Petroleum products in downstream sector of the […]
NNPC set to take measures to curb oil theft
The Nigerian National Petroleum Corporation (NNPC), says it is taking measures to address the menace of pipeline vandalism and crude oil theft in the nation’s Oil and Gas industry. The Group Managing. Director, Malam Mele Kyari disclosed this at the inaugural Nigeria Extractive Industries Transparency Initiative (NEITI) Policy Dialogue in Abuja on Tuesday. He said […]
NNPC partners tanker drivers, others to tackle pipeline vandalism
The Nigerian National Petroleum Corporation (NNPC), yesterday, said it has forged an alliance with some key stakeholders in the downstream sector of the petroleum industry with a view to stamping out the ugly incidences of oil pipeline vandalism while ultimately sustaining the prevailing sanity in the supply and distribution of Petroleum Products across the country.
NNPC seeks support in curbing oil pipelines vandalism
The Nigerian National Petroleum Corporation (NNPC) on Monday called on Nigerians and security agencies to join its effort at curbing the menace of oil pipeline vandalism in the country.
Economy: Group hails NNPC’S shift of attention from oil to gas
A pressure group, the Good Governance Support League (GSL) has said that the gradual shift in attention from oil to gas by the leadership of the Nigerian National petroleum Corporation in its operations will reflate the economy and place it in a surer footing
NNPC confirms system 2B pipeline fire outbreak
By Prince Okafor The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja reported an oil pipeline fire outbreak along Atlas Cove-Mosimi Pipeline, otherwise, called System 2B pipeline in Baruwa Swamp area of Lagos. The corporation said preliminary reports of the incident indicated that the pipeline might have been torched by act of vandalism of suspected […]
Oil price volatility threatening Nigerian content development — NNPC
The Nigerian National Petroleum Corporation, NNPC, yesterday, expressed concern that the persisting volatility in the price of crude oil is putting pressure on the local content initiative of the Federal Government.
