"> Nnpc Archives - Sahel Standard
May 7, 2021
Home Posts tagged Nnpc
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…His  Attack On  President Buhari, Unwarranted, Uncivilized. Former Rivers South/East Senator, Magnus Abe, seems to have taken his crude insubordination and moderate intellectual disability to the next level, this time to the President and Minister of Petroleum Resources, H.E., Mohammadu Buhari. Abe, a former Lawmaker, who was appointed into the Board of Continue Reading
Business Features News Top Stories
…Pledges to Optimize Cost, Boost Remittance to FAAC The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the Federation being cited in the media pertains only to the Federation revenue stream being managed by the Corporation and not a reflection of the overall […]Continue Reading
Features News Top Stories Uncategorized
Bauchi State Governor, Senator Bala Mohammed, Thursday warned that Nigeria will be in chaos and financial hardship if the NNPC does not rethink its decision to make zero remittance to the Federation Account in April because of the need to defray the cost of petrol subsidy. The NNPC had in a letter to the Accountant-General […]Continue Reading
Business News Top Stories
The President, Muhammadu Buhari, on Friday, approved the restoration of the leases on four Oil Mining Licences to the Nigerian National Petroleum Corporation. The oil licences affected are OMLs 123, 124, 126 and 137. The Department of Petroleum Resources had on March 30, 2021, revoked the licences belonging to the federation. The Senior Special Assistant […]Continue Reading
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The Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC) Mele Kyari, has assured Nigerians that the queues building up in filling stations will be diminished from today. Mr. Kyari gave the assurance on Tuesday while briefing State House correspondents after a meeting with President Muhammadu Buhari. He disclosed that fuel queues across the country Continue Reading
Business News Top Stories
The increasing landing cost of petrol and the inability of the Nigerian National Petroleum Corporation (NNPC)   to increase ex-depot price have continued to negatively impact on the operations of the corporation, according to latest data from the national oil company. Figures from the NNPC from its full market operations report for January indicated that as […]Continue Reading
Features News Top Stories Uncategorized
…Increases Gas Supply for Power Generation The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 % decrease in cases of pipeline vandalism across the country in the month of January 2021.This is contained in the January 2021 edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release by the […]Continue Reading
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Maritime Workers Union of Nigeria (MWUN) has issued a seven-day ultimatum to the Federal Government to compel the International Oil Companies (IOCs) over refusal to allow Stevedoring companies and Dockworkers into their operational areas as required by law in the past eight years. In a statement signed on Friday, President-General, and Secretary-General of MWUN, Adeyanju Continue Reading