Saturday , 21 October 2017

Tag Archives: nnpc

NNPC Saga!!! Senate summon Maikanti Baru

The Group Managing Director, GMD, of the Nigeria National Petroleum Corporation, NNPC, Maikanti Baru, and Shell Petroleum Development 7, SPDC, has been summoned by the Senate Committee on Ethics Privileges and Public Petitions,  over the revocation and re-award of Oil Mining Licence (OML) 13 allegedly without due process. The summon …

Read More »

NNPC speaks on deal approved by Osinbajo

The Nigerian National Petroleum Corporation on Friday gave further insight into the Presidential approval it received from the Presidency while President Muhammadu Buhari was out of the country on medical vacation. According to the corporation, Vice-President Yemi Osinbajo only gave approval for joint venture financing, adding that it was the …

Read More »

NNPC Saga: Vice President, Yemi Osinbajo denies granting contracts to NNPC

Vice-President of the federal republic of Nigeria, Prof Yemi Osinbajo on Thursday clarified that what he approved for the Nigerian National Petroleum Corporation (NNPC ) when President Buhari was away on medical vacation were financing loans and not contracts. According to a statement by his Senior Special Assistant on Media …

Read More »

Yemi Osinbajo admits granting N640bn to NNPC

Vice President Yemi Osinbajo has taken responsibility for granting authorisation to the NNPC for two oil contracts worth N640 billion. A statement by presidential spokesperson, Laolu Akande, said Mr. Osinbajo approved the contracts in his capacity as acting president in July. “In response to media inquiries on NNPC joint venture …

Read More »

NNPC declare N15.8bn Profit after tax

The Nigerian National Petroleum Corporation, NNPC, says Nigerian Gas Processing and Transportation Company Ltd., NGPTC, one of its subsidiary companies, has declared a profit after tax of N15.81 billion in 2016. The NNPC disclosed this in Abuja on Sunday in a statement by the corporation’s Group General Manager, Group Public …

Read More »

N9 trillion contract scandal rocks NNPC

President Muhammadu Buhari is yet to clear the air about the allegations of a tune of N9 trillion naira at the Nigerian National Petroleum Corporation ( NNPC ), more than 24 hours after leakage of an internal memo which detailed the allegation. Presidential spokespersons, Femi Adesina and Garba Shehu, did …

Read More »

NNPC begins oil and gas search in Sokoto State

The Nigerian National Petroleum Cooperation  has started the process that will lead to the exploration of oil and gas in the Sokoto Inland Sedimentary Basin. This was confirmed by the Group Managing Director, NNPC, Dr. Maikanti Baru, stated this when he received the Governor of Sokoto State, Aminu Tambuwal, who …

Read More »

NNPC Apapa gutted by fire on Tuesday

Motorists and other consumers of petroleum products nationwide have received assurance from the Nigerian National Petroleum Corporation, NNPC, that the fire incident which occurred at Apapa loading jetty at the early hours of today ( Tuesday ) will not affect supply of petroleum products. A team of engineers have been sent …

Read More »

NNPC Mega station shut down by the Ministry of Industry

The Nigerian National Petroleum Corporation mega station in Calabar has been sealed by the Federal Ministry of Industry, Trade and Investment for selling inaccurate litres of fuel to members of the public, others that were also sealed include Basumoh, Hyde and Darell-B filling stations. The Head of Weights and Measures, …

Read More »

NNPC sets up eight committees to rehabilitate refineries

 Eight committees has been inaugurated by the Nigerian National Petroleum Corporation, NNPC, the members will be responsible for returning the nation’s three refineries to their nameplate capacities by the year 2019. This was confirmed by Ndu Ughamadu, NNPC spokesperson, said the move was in line with the presidential mandate of …

Read More »

55 top officials affected in latest NNPC restructuring

The  Nigerian National Petroleum Corporation, NNPC have been undergoing restructuring, with major  appointments and deployments of top executives across the value chain of its operations according to Ndu Ughamadu, Group General Manager, Group Public Affairs Division This was made known by the Group Managing Director of the Corporation, Dr. Maikanti …

Read More »

We are not recruiting – NNPC

The Nigerian National Petroleum Corporation (NNPC) has, told Nigerians  for the umpteenth time, that the Corporation is not recruiting into any of its department for now. The latest clarification is coming on the heels of a fresh recruitment advert purportedly from the Corporation being circulated by e-mails and on various …

Read More »

Boko Haram hinders NNPC to explore oil in Lake Chad

The Nigerian National Petroleum Corporation ( NNPC ) has suspended the exploration for crude oil in the Lake Chad Basin, situated in parts of Borno State, following attacks on its workers and some military personnel by the terrorist group, Boko Haram. The Minister of State for Petroleum Resources, Ibe Kachikwu, …

Read More »

NNPC advises Nigerians against panic buying

The Nigerian National Petroleum Corporation (NNPC) on Monday in Abuja advised consumers of petroleum products not to engage in panic buying following a fire that engulfed a tank farm at the Calabar Free Trade Zone (CFTZ) in Cross River on Saturday. In a statement by NNPC Group General Manager, Group …

Read More »

Revealed !!! How stolen $1.76b from NNPC was spent by Kola Aluko and Omokere

According to reports, the court documents filed at the Federal High Court in Lagos Nigeria have revealed how oil businessmen, Kolawole Akanni Aluko and Jide Omokore laundered the $1.7 billion creamed off the questionable oil swap transactions between them and the NNPC, during the tenure of Diezani Alison-Madueke. Some of …

Read More »

Ifeanyi Ubah returns N2 billion out of N11 billion he allegedly diverted

The chairman of Capital Oil, Chief Ifeanyi Uba, who is under House of Representatives probe for alleged diversion of N11 billion worth of petroleum products belonging to the NNPC has paid back N2 billion out of the N11billion to the NNPC. This was disclosed by the Chief Operating Officer of …

Read More »

NNPC drops price of Diesel to N155/litre

The Nigerian National Petroleum Corporation (NNPC) has reduced the price of Automotive Gas Oil, also known as diesel, has dropped further from between N175 and N200 per litre as of June 18, 2017 to between N155 and N160 per litre in many filling stations across the country. Early last month, …

Read More »

Indonesian firm interested in building crude oil refinery in Nigeria

An Indonesian engineering firm PT Intim Perkasa has expressed an interest in building a refinery in Nigeria, this was confirmed by the West African country’s state oil company on Wednesday. A representative of PT Intim Perkasa Nigeria Ltd, a subsidiary of the Indonesian company, indicated an interest in building a …

Read More »

NNPC reduces price of diesel across the country

The Group General Manager, Public Affairs Division of the Nigerian National Petroleum Corporation (NNPC), Mr Ndu Ughamadu, on Sunday said it had crushed the price of diesel by 42 per cent. In a statement in Abuja, Ughamadu said diesel also known as Automotive Gas Oil (AGO), had a huge downslide over …

Read More »

NNPC debunks any news of recruitment

The Nigerian National Petroleum Corporation (NNPC) has once again warned the members of the public to disregard any announcement of recruitment or invitation to recruitment interview as it is not carrying out any recruitment exercise at the moment. The disclaimer, the third in recent times, is coming on the heels …

Read More »

Notice: Undefined index: enable_manual_switch_in_footer in /home2/informng/public_html/wp-content/plugins/mobile-smart/mobile-smart.php on line 946