Tag: NNPC

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Yuletide: NNPC Bemoan Fuel Scarcity, Says No Plan To Raise Price

Yuletide: NNPC Bemoan Fuel Scarcity, Says No Plan To Raise Price

The Nigerian National Petroleum Corporation (NNPC), on Monday, again bemoan the lingering scarcity of petroleum products being noticed in some retail ...
Hungary Seeks To Bridge Supply Gap With Nigeria’s Crude Oil, LNG

Hungary Seeks To Bridge Supply Gap With Nigeria’s Crude Oil, LNG

At a time that international crude oil market is getting more competitive, the Hungarian Government says it is interested in crude oil and Liquefied N...
Govt Revenue Inadequate For Size Of Nigeria’s Economy- Osinbajo

Govt Revenue Inadequate For Size Of Nigeria’s Economy- Osinbajo

Vice President Yemi Osinbajo, on Saturday lamented that the Federal Government’s revenues are quite low for the size of Nigeria’s economy, just as it ...
Federation Account: Forensic Audit Shows Huge Under-Remittances By NNPC, NPA, Others

Federation Account: Forensic Audit Shows Huge Under-Remittances By NNPC, NPA, Others

• Tax Amnesty Still Available Till March, FG Tells Prominent Nigerians The National Economic Council (NEC), chaired by Vice President Yemi Osinbajo...
NNPC, JV Partners To Source $9bn Opex Outside Of Govt Budget Yearly

NNPC, JV Partners To Source $9bn Opex Outside Of Govt Budget Yearly

• Eyes 190,000bopd More Output With government revenues constantly under strain, the Nigerian National Petroleum Corporation (NNPC), says it has wo...
No Scandal, $25bn Oil Contracts Awarded By NNPC, Says Presidency

No Scandal, $25bn Oil Contracts Awarded By NNPC, Says Presidency

From saying only financing agreements were approved, the Presidency, on Sunday said indeed there were actually no $25bn worth of oil contracts awarded...

Forte Oil 9-Month Net Profit Rises To N5.073bn, Despite 20% Revenue Drop

The board of energy services provider- Forte Oil Plc, on Friday presented its unaudited result for the nine-month ended September 30, 2017, indicating...
$25bn Contract Scam: Kachikwu Lied, Allegations Baseless, Mischievous Says NNPC

$25bn Contract Scam: Kachikwu Lied, Allegations Baseless, Mischievous Says NNPC

• No Law, Rule Says I Must Discuss Contracts With Minister- GMD Situation's as “truly worrisome- Ezekwesili Maikanti Baru, Group Managing Director...
NGPTC, NNPC Arm, Reports 30% Drop, As 2016 Net Profit Falls To N15.81bn

NGPTC, NNPC Arm, Reports 30% Drop, As 2016 Net Profit Falls To N15.81bn

The Nigerian National Petroleum Corporation (NNPC), on Sunday said its subsidiary- the Nigerian Gas Processing and Transportation Company Limited (NGP...
$26bn Contract Scam: A Further Reason To Pass PIB, Privatise NNPC BudgIT, OSIWA

$26bn Contract Scam: A Further Reason To Pass PIB, Privatise NNPC BudgIT, OSIWA

While the nation awaits the outcome of Friday’s meeting between President Muhammadu Buhari and Minister of State for Petroleum, Dr. Ibe Kachikwu on on...
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