NNPC didn’t remit JV Cash Call to Fed Acct in 5 yrs —Govs
ABUJA —Nigeria Governors Forum, NGF, yesterday, reported Nigerian National Petroleum Corporation, NNPC, to President Muhammadu Buhari for the inability of the corporation to remit to the Federation Account, Joint Venture Cash Call for five years.
No intension, whatsoever, to increase petrol pump price, NNPC reiterates
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 […]
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.
