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Tag: #NNPC

Business Economy

Kyari not receiving gratuity worth billions while in service, says NNPC

Iheanyi Ejiofor April 17, 2023 No Comments #NNPCMele Kyari

Our reporter/ The Nigerian National Petroleum Company (NNPC) Limited on Monday denied claims that Mele Kyari, group chief executive officer (GCEO), and Umar Ajiya, chief financial officer (CFO), are receiving…

Read More Kyari not receiving gratuity worth billions while in service, says NNPC
Business Economy headline

No missing N20bn in NNPC limited, says spokesman

Iheanyi Ejiofor April 4, 2023 No Comments #NNPC

Our reporter/ The Nigerian National Petroleum Company (NNPC) Limited on Monday said it is not aware of any “missing” N20bn in the company. The company’s spokesman, Garba Deen Muhammad, who…

Read More No missing N20bn in NNPC limited, says spokesman
Business Economy headline

NNPC tenders apology to Nigerians, pledges to ease fuel scarcity in one week

Iheanyi Ejiofor February 7, 2023 No Comments #apology#fuel scarcity#NNPCNigerians

The Nigerian National Petroleum Company (NNPC) Limited has apologised to Nigerians for the over three months of pains caused by the nationwide fuel scarcity. The Group CEO, NNPCL, Mele Kyari,…

Read More NNPC tenders apology to Nigerians, pledges to ease fuel scarcity in one week
Business Economy

NNPC takes over Addax Petroleum assets

Iheanyi Ejiofor January 31, 2023 No Comments #Addax#NNPC

Our reporter| The Nigerian National Petroleum Company (NNPC) Limited ON Tuesday said it has taken over Addax Petroleum’s production sharing contract (PSC) assets. Addax is owned by Sinopec, a state-owned…

Read More NNPC takes over Addax Petroleum assets
Business Economy headline

Again, NNPC makes zero FAAC remittance as subsidy payments hit N3.3trn in 11 months

Iheanyi Ejiofor January 17, 2023 No Comments #NNPC#Subsidy payment#zero FAAC allocation

The Nigerian National Petroleum Company (NNPC) Limited says it deducted N152.85 billion as a shortfall for the importation of petrol (subsidy) in November 2022. The national oil company said this in its…

Read More Again, NNPC makes zero FAAC remittance as subsidy payments hit N3.3trn in 11 months

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