NNPC

Crunch Time Is Here… NNPC Reports N111bn Shortage, And Zero Allocation To Federal Purse For April, May

BEVERLY HILLS, April 28, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) has recorded a shortfall of N111,966,456,903.74 in February 2021. THEWILL deduced that according to memos flying to government agencies from the country's apex fuel importer-supplier, NNPC was recording...

Buhari Restores 4 Oil Licences To NNPC, Addax

BEVERLY HILLS, April 23, (THEWILL) - President Muhammadu Buhari has ordered the restoration of the ownership of four petroleum prospecting licences to the Nigeria National Petroleum Corporation (NNPC) and its Chinese partner, Addax Petroleum. A statement on Friday  said the licences,...

NNPC Welcomes Arrival Of Pipes For $2.8bn Gas Project 

BEVERLY HILLS, April 09, (THEWILL) – Group Managing Director of the Nigerian National Petroleum Corporation (NNPC),  Mele Kyar, has expressed delight over the movement of pipes from Warri to Itakpe for the implementation of the Ajaokuta-Kaduna-Kano Gas Pipeline project. The construction...

NNPC Halts Petrol Price Hike Until…

BEVERLY HILLS, March 26, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) has said it would maintain its current ex-depot price of Premium Motor Spirit (petrol) until the conclusion of ongoing engagement with the organized labour and other stakeholders. In a...

Petroleum Subsidy Grosses N120bn Monthly

BEVERLY HILLS, March 25, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) says it pays N120 billion every month to subsidise Premium Motor Spirit (PMS), popularly known as petrol. NNPC Group General Manager (GMD), Mele Kyari, disclosed this at the weekly...

NNPC Insists PH Refinery Undergoing Rehabilitation, Not TAM

BEVERLY HILLS, March 23, (THEWILL) – The Nigerian National Petroleum Corporation (NNPC) says the $1.5 billion approved for the Port Harcourt Refinery was for its complete rehabilitation and not turnaround maintenance (TAM). The Group Managing Di­rector (GMD), NNPC, Mele Kyari,...

NNPC: Concern Mounts Over Multi-Billion Naira Wasteful Spendings

BEVERLY HILLS, March 15, (THEWILL) - The public outcry over unbridled spending habit of the Nigerian National Petroleum Corporation (NNPC) which characterises its operations resonated on Wednesday March 3, 2021, when the Senate Public Accounts Committee engaged top management of...

Govt Double-Speaks: NNPC Contradicts PPPRA On Higher Petrol Price

BEVERLY HILLS, March 12, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) has insisted that there would be no increase in the price of Premium Motor Spirit (PMS), despite the official pricing agency releasing a new template at midnight...

Petrol Now N212 Per Litre, As Govt Breaks Promise

BEVERLY HILLS, March 12, (THEWILL) - The Federal Government has fixed the new pump price of motor spirit at N212 per litre, an upsurge of about 14 percent from its last price of N186. The Petroleum Products Pricing Regulatory Agency...

Reps Query NNPC On N1.3 Trillion That Vanished In 2017

BEVERLY HILLS, February 23, (THEWILL) - The House of Representatives has asked the Nigeria National Petroleum Corporation (NNPC) to account for N1.3 trillion the organisation allegedly illegally deducted from the Federation Account in 2017. Chairman of the House Public Accounts...
- Advertisement -spot_img

Latest News

18th Headies Awards: List Of 2026 Nominees Across Major Categories

The 2026 edition, themed “Africa to the World”, is scheduled to take place on October 25 in Toronto, Canada, as the organisers continue to expand the awards beyond Nigeria.
- Advertisement -spot_img