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 assetsTag: #NNPC
Again, NNPC makes zero FAAC remittance as subsidy payments hit N3.3trn in 11 months
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 monthsNNPC dismisses report it exported 17.87m barrels of oil without documentation
Our reporter/ The Nigerian National Petroleum Company (NNPC) Limited has denied the allegation that it exported 17.877 million barrels of crude oil without proper documentation from 2016 to 2020. A…
Read More NNPC dismisses report it exported 17.87m barrels of oil without documentationNNPC says it has 1.9bn litres of fuel in stock, assures on petrol supply after DSS ultimatum
The Nigerian National Petroleum Corporation Limited, (NNPC) Limited says it has 1.9 billion litres of petrol in stock as it assured Nigerians of steady supply to quell the lingering scarcity…
Read More NNPC says it has 1.9bn litres of fuel in stock, assures on petrol supply after DSS ultimatumNNPC says N15bn disbursed for Lagos-Badagry Expressway reconstruction
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disbursed N15 billion for the reconstruction of the Lagos Badagry Expressway under the Federal Government Road Infrastructure Tax Credit (RITC) Scheme.…
Read More NNPC says N15bn disbursed for Lagos-Badagry Expressway reconstruction
