The immediate past Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, on Tuesday denied allegations that N210tn was unaccounted for in the company's financial records, insisting that no funds were lost under his leadership.
The Group Chief Executive Officer of NNPC, Bashir Bayo Ojulari, disclosed this on Tuesday during an energy talk titled “Nigeria’s Reform Agenda: Competing for Energy Capital” at the 2026 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in the United Arab Emirates.
The company made the commitment on Thursday, when a delegation of its top management, led by Board Chairman Ahmadu Musa Kida, met with Zulum in Maiduguri to discuss energy development and critical infrastructure projects in the state.
President Bola Tinubu’s pronouncement of fuel subsidy removal caused quantum spike in the prices of all refined products, particularly Premium Motor Spirit (PMS)—whose price rose from below N200 per liter at the pump to around N800 per liter in a matter of days.
At the January 2026 launch of the Gas Master Plan in Abuja, NNPC Group Chief Executive Officer, Bashir Ojulari, said the investments could expand demand for Nigerian pipeline contractors, fabrication companies, gas-processing equipment suppliers, engineering consultants, maintenance providers and technical workers.
The Nigerian National Petroleum Company (NNPC) Limited, has postponed its Contractors and Partners Chief Executive Officers’ Health, Safety and Environment (HSE) Conference scheduled for Abuja, following the confirmation of an Ebola case in the Federal Capital Territory.
For decades, the NNPC Limited has occupied a central but complicated position in Nigeria’s economy. It is simultaneously a commercial enterprise, a custodian of the country’s interests in the petroleum industry and a strategic instrument of government energy policy. Reconciling these responsibilities with the discipline required of a modern commercial enterprise has remained a defining challenge.
The Nigerian National Petroleum Company Limited (NNPC Ltd.) is advancing plans for its initial public offering (IPO) as it implements governance reforms and addresses financial reporting gaps identified by its advisers ahead of a potential capital market listing.
The Centre for the Promotion of Private Enterprise (CPPE) has defended the Federal Government’s temporary fuel price relief initiative implemented through the Nigerian National Petroleum Company (NNPC) Limited, arguing that the intervention does not amount to a return to petrol subsidy.
The Federal Government’s ₦66-per-litre petrol discount offers temporary relief amid rising fuel prices.
Questions persist over whether transport operators will pass the savings on to commuters.
Consumers must use the NNPC Fuel App to access the discount, raising...
An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
