Senate gives NNPC 7 days ultimatum to end petrol scarcity queues in Nigeria
The Senate on Thursday urged the Nigerian National Petroleum Corporation (NNPC) to, within seven days, end lingering scarcity of petrol and clear queues in filling stations across the country.
NNPC records N85.5 billion loss on petrol importation, says Kachikwu
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 to worsen as TCN, NNPC record system collapse, pipeline shutdown
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.
Fuel scarcity: Hold NNPC, marketers responsible – Senate
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.
Marketers responsible for fuel crisis, NNPC insists
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.
NNPC, NPDC, oil firms yet to remit $3.8bn, N81bn since 2015 – NEITI
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.
