IN some oil-producing nations, we have seen some equipment that enable the authorities sit at Headquarters and monitor the movement of the least drop of oil from the wells to the Point of Sale, POS. That’s the first step.

Oando PLC, Nigeria Agip Oil Company, NAOC, Shell Petroleum Development Company, SPDC, other indigenous and international oil companies in partnership with the Nigerian National Petroleum Corporation, NNPC, has signed an agreement to implement Gas Projects worth $3.7 billion.

The Nigerian National Petroleum Corporation (NNPC), has commended the Nigeria LNG Limited (NLNG) on its successful repayment of 5.45 billion dollars (N1.98 trillion) loan on Train 1 to 6 investments.

ABUJA—Nigerian National Petroleum Corporation, NNPC, deducted N139.333 billion as subsidy for Premium Motor Spirit, PMS, also known as petrol, from its domestic crude oil and gas sales proceeds between January and March 2018, cutting down on its remittances to the Federation Account.

House of Representatives has resolved to probe the financial records of the Nigerian National Petroleum Corporation, NNPC from January, 2018 to date to ascertain the volume of sales of crude oil.

MT Sahara Gas, the newly built vessel acquired by the West Africa Gas Limited, WAGL, has delivered 7,000 metric tons of Liquefied Natural Gas, thus increasing domestic supply in the nation.

The present stand-off where a FAAC meeting had to be suspended indefinitely has the potential of addressing the fiscal irresponsibility that has been bedeviling Nigeria’s public finance for too long, at least to some extent. We hope this opportunity should not be missed to reconnect fully with the principles of the Fiscal Responsibility Act which has been eroded.

The Nigerian National Petroleum Corporation, NNPC, yesterday, assured residents in Niger State and environs that the fire incident at its Pogo village depot in Paikoro Local Government Area will not affect supply of petroleum products.

The Nigeria National Petroleum Corporation, NNPC, has signed agreements for seven Critical Gas Development Projects (7CGDP) to deliver about 3.4 billion standard cubic feet of gas per day (bscfd) to bridge the foreseen medium term supply gap by 2020 on an accelerated basis.

The Nigerian National Petroleum Corporation (NNNPC), says it will collaborate with its joint venture partners to increase domestic gas availability from 1.5 bscf/d to about five billion standard cubic feet per day by 2020.

The NNPC on Monday assured residents in Niger State and environs that the fire incident at its depot at Pogo Village in Paikoro Local Government area will not affect supply of petroleum products.

Nigerian Gas Processing and Transportation Company, NGPTC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, yesterday, announced a profit after tax of N6.11 billion for its 2017 financial year.

Tragedy was averted in Minna, Sunday, as social miscreants deferred all entreaties not to scoop fuel from broken pipes at  Nigerian National Petroleum Corporation (NNPC) depot in Pogo Minna, Niger State, which later went up in flames.

The Depot of the Nigerian National Petroleum Corporation (NNPC) in Pogo Minna, Niger state has been gutted by fire.

As individuals and communities we are encouraged to share what we have with others. The love and care for neighbour is divine in nature. The concept of sharing is also not to encourage indolence. The Nigerian constitution authorized funds of the federation to be in a central pool to be distributed; to each according to an agreed formula.  That spirit of cooperation and solidarity had existed among the sub national governments since the First Republic.