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NNPC News - Page 12

NNPC Denies Plans To Increase Fuel Price

The Nigerian National Petroleum Company (NNPCL) has clarified that it will not increase the price of Premium Motor Spirit (PMS) in its retail outlets. The national oil company made this known in a statement on Monday night. The company in a statement

August 15, 2023

Ex-NNPCL Boss Kyari Denies Being In EFCC’s Custody

Business·News

Subsidy: Kyari Should Account For Monies Spent On Refineries Over Years – Economist

A development Economist, Abayomi Oyalowo, has called for the probe of the Nigeria National Petroleum Company Limited (NNPCL) Group Chief Executive Officer (GCEO), Mele Kolo Kyari, over monies spent on Turn Around Maintenance (TAM) of the nation’s oil refineries over the years.

July 21, 2023

Business·Oil & Gas

Fuel: We Adjust Prices According To Market Realities – NNPC Boss

As Nigerians lament further hike in price of Premium Motor Spirit (PMS), the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has attributed it to market realities. The national oil company on Tuesday, adjusted pump prices

July 18, 2023

NNPC Refutes Viral Claims That Its Fuel Does Not Last

Business·Oil & Gas

NNPC Increases Fuel Price To N580/Litre, Oil Marketers Eye N700

The prices of Premium Motor Spirit (PMS) have been readjusted by the Nigerian National Petroleum Company (NNPC) Limited after its previous increase in May. Prime Business Africa previously reported that the NNPC Limited readjusted fuel prices from N189 per litre to above

July 18, 2023

Business·Oil & Gas

NNPC, Oil Marketers Disagree Over Fuel Subsidy Regime Contract

The Nigerian National Petroleum Company (NNPC) Limited has informed members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) to take delivery of petrol they paid for during the subsidy regime at a new price that includes the Value Added Tax (VAT).

July 11, 2023

Tinubu Pays Tribute To First FCT Minister, Late Mobolaji Ajose-Adeogun

Business

FAAC Committee Reveals FIRS, NNPC, NUPRC Yet To Remit N1.6trn To Federation Account

Over N1.6 trillion is yet to be remitted by the Nigeria National Petroleum Company (NNPC) Limited, Federal Inland Revenue Service (FIRS) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) into the Federation Account as of June 2023. The breakdown of the funds

July 3, 2023

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

NNPC Involved In Fuel Subsidy Scam Before Removal, Yuguda Reveals

The Former Governor of Bauchi State, Isa Yuguda, has accused the Nigerian National Petroleum Company (NNPC) Limited of enabling a fuel subsidy scam before its removal. Yuguda said the NNPC collaborated with the oil marketers in running a fuel subsidy scam by

June 26, 2023

Jigawa Residents Spent More On Petrol In June

Business·Oil & Gas

Local Production Of Petrol Can Save Nigeria $21bn Of FX – IPMAN

As the crisis of petrol supply rages due to dependency on import, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has asserted that Nigeria can save about $21 billion of Foreign Exchange (FX) in a year if the products are refined locally.

June 2, 2023

Business·Oil & Gas

Angry Commuters Refuse To Buy Fuel From NNPC Outlet In Port Harcourt Over Sudden Price Increase

After waiting for many hours in long queues in front of one of the NNPC retail outlets in Port Harcourt, commuters on Wednesday afternoon angrily refused to buy Petrol when the station finally opened with a shocking news of hike in price.

May 31, 2023

Business·Oil & Gas

NNPC Boss Addresses Impact Of Shell, ExxonMobil, Others’ Exit On Nigeria

The Nigerian National Petroleum Company (NNPC) Limited has stated that the exit of International Oil Companies (IOCs) will not end the country’s exploration of hydrocarbon resources. Some foreign oil companies in Nigeria such as Exxon Mobil Corporation, Agip, Texaco, Royal Dutch Shell,

April 7, 2023

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NNPC News - Page 12

NNPC Denies Plans To Increase Fuel Price

Subsidy: Kyari Should Account For Monies Spent On Refineries Over Years – Economist

Fuel: We Adjust Prices According To Market Realities – NNPC Boss

NNPC Increases Fuel Price To N580/Litre, Oil Marketers Eye N700

NNPC, Oil Marketers Disagree Over Fuel Subsidy Regime Contract

FAAC Committee Reveals FIRS, NNPC, NUPRC Yet To Remit N1.6trn To Federation Account

NNPC Involved In Fuel Subsidy Scam Before Removal, Yuguda Reveals

Local Production Of Petrol Can Save Nigeria $21bn Of FX – IPMAN

Angry Commuters Refuse To Buy Fuel From NNPC Outlet In Port Harcourt Over Sudden Price Increase

NNPC Boss Addresses Impact Of Shell, ExxonMobil, Others’ Exit On Nigeria

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