The Vice Chairman, Senate Committee on Environment, Sen. Ned Nwoko (PDP-Delta), says the destruction of vessels apprehended for carrying illegal goods/stolen crude oil by the military is to conceal/destroy evidence.
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The Nigerian National Petroleum Company Limited (NNPCL), says it is collaborating with the Nigeria Extractive Industries Transparency Initiative (NEITI) and other stakeholders to reconcile alleged indebtedness by the company and Federation Accounts Allocation Committee (FAAC).
Having read a story credited to a so-called group of lawyers, which styles itself as Coalition of Nigerian Legal Practitioners, under the above title, which was published in an online news medium on Tuesday, October 31, 2023, we are compelled to make the following statements, clarifications, and disavowals in ripostes.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), says the country’s domestic consumption of petrol has significantly dropped from 66.7 million liters, before the deregulation, to 44.3 million liters per day.
The Federal Executive Council (FEC) has approved a draft policy for the solid minerals sector, encompassing oil activities, operations, guidelines, regulatory framework, sourcing, and mining, among other dynamics in the sector.
The National Bureau of Statistics (NBS), says the average retail price of a litre of petrol increased from N191.65 in September 2022 to N626.21 in September 2023.
ASHENEWS reports that the Nigerian National Petroleum Company Limited (NNPC Ltd) has appointed Mr Olufemi Soneye as its Chief Corporate Communications Officer.
The Nigerian National Petroleum Company Limited (NNPCL) says it has ended the crude oil swaps for petrol and started using cash tenders for the purchase of fuel for the first time in a decade, Reuters has reported.
The Group Managing Director of Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari has revealed that the Federal Government is no longer paying subsidy on Petroleum Motor Spirit (PMS), popularly known as petrol.
Aliko Dangote’s stepbrother, Sayyu Dantata, and three other billionaires, have been awarded multimillion-dollar contracts for pipeline rehabilitation to four indigenous oil companies by the Nigerian National Petroleum Corporation Limited (NNPC), in a significant move aimed at revitalizing Nigeria’s aging pipeline infrastructure, Billionaires Africa has reported.