NNPC

Coronavirus: Prepare for trouble, NNPC GMD tells Nigerians

Coronavirus: Prepare for trouble, NNPC GMD tells Nigerians

…CBN to fund local drugs production, specialist hospitals Emma Ujah, Abuja Bureau Chief Faced with global oil price crash, the Group Managing Director (GMD) Mr. Mele Kyari has alerted the nation of the consequences, asking Nigerians to prepare for trouble. Oil prices have fallen to about $32 per barrel while Nigeria’s federal government 2020 budget […]
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Senate probes NNPC over $396m spent on refineries’ maintenance

Senate probes NNPC over $396m spent on refineries’ maintenance

The Senate on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the sum of $396 million expended on Turn-Around Maintenance of refineries in the country between 2013 and 2015. Accordingly, the Senate mandated the Committee on Petroleum Downstream, Upstream and Gas to carry out a holistic investigation on the Turn-Around Maintenance expenditures […]

Senate mandates committee to probe NNPC over ailing refineries

Senate mandates committee to probe NNPC over ailing refineries

The Senate on Thursday mandated its Committee on Downstream Petroleum Sector to carry out a holistic investigation on the turnaround maintenance expenditure and current state of the refineries in the country. The resolution were sequel to a Point of Order raised by Sen. Yusuf Yusuf (APC-Taraba Central) during plenary. It also mandated the committee to […]

Abule Egba explosion: Sanwo-Olu seeks NNPC support

Abule Egba explosion: Sanwo-Olu seeks NNPC support

By Olasunkanmi Akoni Lagos State Government has said it would be meeting with the management of Nigeria National Petroleum Corporation (NNPC) to find a way of paying compensation for victims of the January 19 pipeline fire in Abule Egba, area of the state in which several buildings and properties worth millions of naira destroyed in […]