Gov Diri Warns Fuel Marketers Against Hoarding, Price Hike

Bayelsa State Governor, Senator Douye Diri, on Tuesday, directed oil marketers in the state against hoarding and raising the price of premium motor spirit (PMS) otherwise known as petrol. Senator Diri, in a statement issued by his Chief Press Secretary, Mr Daniel Alabrah, warned that his administration will take stern measures against any filling station that flouted the directive. He […]

Read more

No Need To Panic Over Removal Of PMS Subsidy Says NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified the announcement of the removal of subsidy on Premium Motor Spirit (PMS) by President Bola Ahmed Tinubu. According to a press release on Tuesday, 30th May 2024 signed by the NMDPRA General Manager, Corporate Communications, Kimchi Apollo, said that contrary to speculations and concerns, the announcement is in line […]

Read more

Over 30 Youth Organisations Back The Removal Of Fuel Subsidies

…….To hold a rally in support of fuel subsidy removal. About 32 civil society organisations (CSOs) under the aegis of the “Integrity Youth Alliance” have hailed the Federal Government over fuel subsidy removal in Nigeria. The Alliance gave the commendation in a 5-point communiqué issued at the end of its National Executive Committee meeting in Abuja on Monday. In the […]

Read more

NNPCL Says No Need For Panic Buying + Video

….backs Tinubu on fuel subsidy removal The Nigerian National Petroleum Company Limited on Monday welcomes the decision by the Federal Government to remove subsidies on PMS. Addressing the press, the GCEO of NNPC Limited, Mele Kyari noted that the removal of the subsidy, which has been a burden on NNPC Limited’s cash flow, will free up funds to enable optimal […]

Read more

NNPC Records Another Success As Security Agencies Arrest Fresh Set Of Crude Oil Thieves

… Reveals How Company’s Officials Hid Under The Cover Of Transporting Sewage To Steal Nigeria’s Crude ….Another Vessel Used In Stealing Crude Oil Destroyed Working in partnership with Tantita Security Services Ltd, the Nigerian National Petroleum Company Ltd, has again recorded another breakthrough in its fight against crude oil thieves, with the interception of trucks and the discovery of a […]

Read more

Ararume’s Case And Concerns Regarding NNPCL Ventures

By Adewole Kehinde On April 18, 2023, the Federal High Court in Abuja declared the sack of Sen. Ifeanyi Ararume as Non-Executive Chairman of the Nigeria National Petroleum Company Limited (NNPCL) illegal and unlawful. Delivering judgement in the matter, Justice Inyang Ekwo said that his removal was unconstitutional, and as such, the court restored him as the non-executive chairman of […]

Read more

Dangote, Elumelu Expresses Confidence In NNPC Limited Huge Capacity

…I’m a beneficiary of New NNPC, Says Tony Elumelu …As Aliko Dangote Expresses Optimism over NNPC Limited’s Future President of the Dangote Group, Aliko Dangote and the CEO of Heirs Holdings, Tony Elumelu have both expressed confidence in NNPC Limited’s huge capacity to position itself as Africa’s biggest energy company. According to a press release signed by the Chief Corporate […]

Read more

We Are A Law-Abiding And Responsible Business Organisation: NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has debunked the mass extortion and collection of $100,000 bribes from marketers before allocating cargoes, as published by SaharaReporters. The Chief Corporate Communications Officer of the NNPC, Garba Deen Muhammad, described the allegations as false. Muhammad said only applicants that had “PMS outlets” were given allocations of AGO. He said, “The allegations are […]

Read more
1 16 17 18 19 20 106