For the umpteenth time, the Nigerian National Petroleum Corporation (NNPC) has denied it has a plan to execute an increase in petrol price. In a statement today by spokesman Ndu Ughamadu, the corporation gave assurance to motorists and other consumers of petroleum products that the pump price of petrol remains N143 per litre in NNPC […]

The Minister of State For Petroleum Resources, Dr Ibe Kachikwu on Thursday said the Nigerian National Petroleum Corporation, NNPC has incurred a cumulative loss of N85.5 billion in importing petrol and selling at the current retail price of N145 per litre.

POWER  supply in Nigeria has dropped, as the Transmission Company of Nigeria, TCN and Nigerian National Petroleum Corporation, NNPC, record system collapse and pipeline shutdown respectively.

AS President Muhammadu Buhari prepares to meet stakeholders today in Aso Rock, to find lasting solution to the nation’s prolonged fuel crisis, the Senate Committee on Petroleum Downstream has blamed the Nigerian National Petroleum Corporation, NNPC and marketers for the development.

The Nigerian National Petroleum Corporation, NNPC, Saturday, insisted that the current fuel crisis was instigated by petroleum marketers, noting, however, that its increased truck out of the commodity and helped addressed the scarcity.

The Nigeria Extractive Industries Transparency Initiative, NEITI, yesterday accused ‎the Nigerian National Petroleum, its downstream subsidiary, the Nigerian Petroleum Development Company, NPDC and other oil companies of failing to remit $3.78 billion and N80.64 billion to the Federation Account.

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has vowed that Nigerians will not go into 2018 with the scarcity of petroleum products.

The Nigerian National Petroleum Corporation (NNPC) has described as very unfortunate a statement credited to the Depot and Petroleum Products Marketers Association (DAPPMA) on the fuel supply situation, especially Premium Motor Spirit (petrol).

No fewer than 42 firms have bided for the rehabilitation of the Nigerian National Petroleum Corporation (NNPC) Information Technology Division (ITD) Centres
The Group General Manager, Information Technology Division of the NNPC, Mr. DanladiInuwa made this disclosure during the bid opening at the NNPC Towers in Abuja .
Represented by the General Manager, Core IT Infrastructure of the Corporation, Mr. MuhammaduUsman, Mr. Inuwa said the eventual winners would rehabilitate the Corporation’s IT Centers in Abuja, Benin, Port Harcourt, Lagos, Kaduna and Warri.
Mr. Inuwa stated that the NNPC was desirous of engaging reputable and competent IT firms that could rehabilitate its critical assets in order to provide a conducive IT working condition for its various stakeholders and members of staff to ensure unimpeded operations and efficient service delivery.
The GGM noted that the bid opening was conducted openly in the full glare of representatives of the bidding companies to demonstrate NNPC’s commitment to transparency and due process in all its operations.
Speaking in similar vein, the Group General Manager, Supply Chain Management, Mr. ShehuLiman, represented by Manager, Strategic Sourcing and Contract Management, Engr. Sandy Heman, said the bid opening process was in compliance with the Bureau of Public Procurement Act.
He assured the bidders of a level playing ground that would guarantee the emergence of the best companies among them.
Some of the bidding companies who witnessed the public bid opening expressed their satisfaction with the conduct of the exercise, describing the corporation as a transparent company that operates according to the dictates of best global standards. The public bid opening is part of the Corporation’s commitment to transparency as a Focused, Accountable, Competitive and Transparent organization, conducting its business with Integrity (FACTI) principle.

EIGHT Communities in Brass and Southern Ijaw Local Government Councils of Bayelsa State have benefited from the donations of thousands of branded relaxation chairs and tables from the  First Exploration Petroleum company/EFDI over their peaceful disposition  to  the seismic data acquisition operation in OMLs 83 and 85.