Tag archive for ‘NNPC’
NNPC
By metro On Wednesday, February 21st, 2018
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NNPC spent $5.8 bln on fuel imports since late 2017

NNPC said on Tuesday it had spent $5.8 billion on fuel imports since late 2017, as it combats a fuel shortage that has left people queuing for hours at filling stations and hobbled an already-struggling economy. “The More...

By metro On Thursday, February 15th, 2018
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Minister directs NNPC to clear petrol queues

 Ibe Kachikwu, the Minister of State for Petroleum Resources, has directed the Nigerian National Petroleum Corporation (NNPC) clear petrol queues in Abuja before Sunday. Kachikwu gave the directive at a world news More...

fuel scarcity
By metro On Thursday, January 25th, 2018
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Senate gives NNPC 7 days to end fuel crisis

The Senate on Thursday urged the Nigerian National Petroleum Corporation (NNPC) to, within seven days end lingering scarcity of petrol and clear queues in filling stations across the country. This followed a unanimous More...

NNPC
By metro On Friday, January 19th, 2018
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Why we pay ‘subsidy’ without National Assembly’s permission – NNPC

The Nigeria National Petroleum Corporation, NNPC, has explained why it pays ‘subsidy’ on petrol without appropriation from the National Assembly. Managing Director of the Petroleum Products Marketing Company, More...

NNPC
By metro On Monday, January 15th, 2018
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NNPC cancels 1.55 mln tonne tender to buy gasoline – sources

 Nigerian state oil company NNPC cancelled a tender it issued last week to buy up to 1.55 million tonnes of gasoline from January to April, sources said on Monday The company was seeking 42 cargoes of gasoline, More...

NNPC
By metro On Monday, January 8th, 2018
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NNPC restores supply of gas on pipeline affected by fire – state oil firm

NNPC  has fully restored the supply of gas on a pipeline affected by a fire last week, a spokesman for the state oil company said on Monday. Gas supply to several power stations was cut off because of the fire More...

Maikanti Baru
By metro On Friday, January 5th, 2018
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4501 loaded petrol tankers vanish in December

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru said 4501 petrol trucks were simply untraceable, vanishing from the Nigerian radar, during the biting fuel supply More...

NNPC
By metro On Friday, December 29th, 2017
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NNPC owes Petrol marketers N800b

The Nigerian National Petroleum Corporation, NNPC is owing the Depot and Petroleum Products Marketers Association (DAPPMA) N600billion. Executive Secretary of the association, Mr Olufemi Adewole, revealed in a statement More...

By metro On Tuesday, December 26th, 2017
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Osinbajo: NNPC not FG bears the cost of fuel subsidy

Vice President Yemi Osinbajo clarified today that the NNPC and not the Federal Government pays for the  fuel subsidy that has emerged with the N171 landing cost as against the official retail price of N145. In More...

Maikanti Baru
By metro On Monday, December 25th, 2017
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Landing cost of petrol N171, NNPC sticks to N145 per litre

The Nigerian National Petroleum Corporation (NNPC) revealed today that the landing cost of imported petrol is now N171 per litre, but emphatically stated that it will continue to make it available to Nigerians at More...