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NNPC Sept Report

Petroleum Resources

PIB will bring investment into the oil and gas sector – Senator Ekpenyong

January 27, 2021 Political Editor 0

By Chibuike Nwabuko Abuja (Sundiata Post) – The Senator representing Akwa Ibom North West, Christopher Ekpenyong has expressed delight that the Petroleum Industry Bill, PIB […]

Senate kicks as petroleum ministry spends N98.4m on flyers

January 18, 2021 Ebere 0

The Senate Public Account Committee has described as unacceptable the payment of N98.4m by the Petroleum Resources Ministry for the printing of leaflets. The flyers, […]

Oil nears $56, FG may reintroduce fuel subsidy

January 11, 2021 Ebere 0

‌The sustained increase in global crude oil prices has pushed up the landing cost of imported petrol closer to the current pump prices of the […]

New Gas Project To Add N2.8trn To Nigeria’s Economy

December 22, 2020 Admin5 0

About N2.8 trillion-revenue is expected from a new 200 million cubic feet gas project being promoted by the Nigerian Petroleum Development Company (NPDC), a subsidiary […]

‘Explain how petroleum ministry spent N116m on pens, others’

December 14, 2020 Admin5 0

Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari and Minister of State for Petroleum Resources, Mr. Timipre Sylva, to probe how N116 […]

Marketers kick against N5 reduction in petrol pump price

December 9, 2020 Ebere 0

Against the backdrop of the N5 reduction in the price of Premium Motor Spirit (petrol) announced by the Federal Government, fuel marketers have said it […]

We are working on Diezani’s extradition, EFCC tells court

December 3, 2020 Admin5 0

The Economic and Financial Crimes Commission (EFCC) told a Federal High Court in Abuja on Thursday that it has taken steps to execute the summons […]

NNPC Targets N11trn Revenue For 2021, $14bn Industry Spending

December 1, 2020 Admin5 0

The Nigerian National Petroleum Corporation plans to generate N11.39tn revenue in 2021, while projecting an increase in oil and gas output and sales between 2021 […]

Fed Govt Plans One Million Gas-fired Vehicles By 2021

November 30, 2020 Admin5 0

The Federal Government on Sunday announced that President Muhammadu Buhari, will roll out the National Gas Expansion Programme on Tuesday. It stated that based on […]

Fuel, electricity hike: FG, Labour meeting adjourned to Monday

November 27, 2020 Admin5 0

The meeting between the federal government and the organised labour over the recent hike in the pump price of petroleum and electricity tariff has been […]

Nigeria targets fuel exportation to neighbouring countries – Buhari

November 24, 2020 Admin5 0

ABUJA – President Muhammadu Buhari has said the realisation of the refinery roadmap that was rolled out two years ago will enable Nigeria to export […]

NNPC Spent N81.41 Billion On Refineries for 8 Months, Without Refining a Drop of Crude Oil – Report

November 23, 2020 Admin 0

While refining zero crude oil, the Nigeria National Petroleum Corporation spent a staggering N81.41 billion on its refineries between January and August, 2020, according to […]

COVID-19 vaccine discovery, remote cause of petrol price increase – Sylva

November 16, 2020 Admin5 0

The recent upwards increase in petrol pump price, from N158 to N168, has been attributed to the announcement of a possibility of having a vaccine […]

Petrol hike: ‘This is next level hardship’, Nigerians slam Buhari

November 13, 2020 Admin 0

Nigerians on Friday described the fresh increase in the pump price of petrol as “next level hardship”. They took to the social media to criticise […]

NNPC Raises Petrol Depot Price, Marketers To Sell At N168-N170/Litre

November 13, 2020 Admin 0

The ex-depot price of Premium Motor Spirit, also known as petrol, has been raised to N155.17 per litre from N147.67 per litre by the Petroleum […]

NNPC Reduces Debts To IOCs To $1.58bn, Pays Off Mobil

October 20, 2020 Admin5 0

Out of about $4.6 billion negotiated joint venture (JV) oil production debt Nigeria was owing international oil companies (IOCs), about $3.02 billion has been paid […]

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Ikpea seeks import waiver, tax relief for indigenous fabrication companies

October 17, 2020 Admin 0

WARRI – The Federal Government has been urged to grant import waiver and tax relief for indigenous fabrication companies to enable them continue to support […]

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Nigeria Covid-19 Festive Period advice

 

FIRS public notice on clarification admin of stamp duties

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Recent Updates

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  • Buhari to bandits : We won’t succumb to blackmail •Tells states to desist from rewarding criminals February 26, 2021
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  • Police smash armed robbery gang masquerading as govt task force February 26, 2021
  • “The Common Goal Of Every Other Race Is To Exploit Africa” -Tuface Idibia February 26, 2021
  • DSS, police attempt to arrest Sunday Igboho because he’s not a bandit –Afenifere February 26, 2021
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