Tag: NPDC

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NNPC, Others, Under-Remitted $21bn, N526bn To Federation Account, Says KPMG Report

NNPC, Others, Under-Remitted $21bn, N526bn To Federation Account, Says KPMG Report

The National Economic Council (NEC), on Thursday indicted the Nigerian National Petroleum Corporation (NNPC) and other revenue collecting agencies for...
KPMG Forensic Audit Confirms Under-Payment By NNPC, Customs, NIMASA, Others

KPMG Forensic Audit Confirms Under-Payment By NNPC, Customs, NIMASA, Others

• Recommends Regular Audits Of Revenue Agencies The Nigeria’s National Economic Council (NEC), on Thursday resolved to strengthen its ad-hoc commit...
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 ...
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...
$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...
NNPC Records N48.02bn Half-Year Operational Deficit

NNPC Records N48.02bn Half-Year Operational Deficit

The Nigerian National Petroleum Corporation (NNPC), on Thursday published its month operational report for the month of June, showing that it booked N...
Caution, Amidst Watch For Market Reaction To Court Ruling On $800m Refund To TSA By 7 Banks

Caution, Amidst Watch For Market Reaction To Court Ruling On $800m Refund To TSA By 7 Banks

Market Update for July 20 Trading on the floor the Nigeria Stock Exchange (NSE) on Thursday recorded a relatively big gain compared to other days s...
NNPC Backs Proposed Legislation On Gas Flaring Prohibition

NNPC Backs Proposed Legislation On Gas Flaring Prohibition

The Nigerian National Petroleum Corporation (NNPC) said it has put measures and facilities in place to curb gas flaring, ahead of the 2020 flare out d...
NNPC Reports N5.519bn Surplus From P’Harcourt, Warri Refineries

NNPC Reports N5.519bn Surplus From P’Harcourt, Warri Refineries

• Corp Cuts Losses by 16.19% • Refining Capacity Up 29% The Nigerian National Petroleum Corporation (NNPC), on Tuesday announced that its Port Har...

Unremitted Revenues: Recover N7.2tr From NNPC, NPDC, NEITI Tells FG

The Nigerian Extractive Industries Transparency Initiative (NEITI) has urged the Federal Government to compel the Nigerian National Petroleum Corporat...
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