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Nigerian National Petroleum Corporation

Fuel Price Hike: Business Operators Panic, Fear Shutdown, Job Losses

Members of the organised private sector, on Wednesday, expressed fear over the possible shutdown of businesses and job losses following the hike in the pump price of Premium Motor Spirit, popularly called petrol, by the Nigerian National Petroleum Corporation Limited…

We Have Adjusted Our Prices Of PMS To N511 Per Liter – NNPC

THE Nigerian National Petroleum Corporation Limited says it has adjusted the pump price of petrol at its sales outlets across the federation. In a statement, Chief Corporate Communications Officer, Mr. Garba Deen Muhammad said the adjustment is in line with…

AKK Pipeline Abandoned Over Alleged 570% Inflated Contract Sum

FINANCIERS of Abuja-Kaduna-Kano pipeline have pulled out of the project, citing alleged 570 per cent inflated contract sum, far above global threshold. The Guardian gathered that the companies – Infrastructure and Commercial Bank of China (ICBC), Infrastructure Bank of China…

NNPCL Officially Takes Over From NNPC After 46 years

THE Federal Government yesterday wound up the Nigerian National Petroleum Corporation, NNPC, after 46 years of operation and in its place, the Petroleum Industry Act enabled Nigerian National Petroleum Company Limited, NNPCL, took over as the nation’s oil company. NNPCL…

PMS Scarcity: NNPC To Blacklist Private Deport Owners On Exhorbitant Charges

By ABDULLAHI.YAKUBU, Kano THE Nigerian National Petroleum Corporation (NNPC) has threatened sanctions against private depot owners who sell the product above the Federal Government’s approved ex-depot price of N148.17 per litre. The National President of Independent Petroleum Marketers Association of…