NNPC

Ondo, NNPC ethanol project to commence before end of 2018
Governor Olurotimi Akeredolu Metro News Nigeria NNPC Ondo

Ondo, NNPC ethanol project to commence before end of 2018

Ondo State Governor, Mr Oluwarotimi Akeredolu To create more employment opportunities in Ondo State, the state government’s cassava-ethanol project is expected to commence before the end of the year. Special Adviser to the Governor Olurotimi Akeredolu on Development and Investment, Boye Oyewumi, disclosed this at the weekend when a team […]

Regulators equivocate on kerosene importation, as scarcity worsens
Business Business News Ndu Ughamadu NNPC

Regulators equivocate on kerosene importation, as scarcity worsens

Kerosene Industry regulators, the Department of Petroleum Resources (DPR), and Petroleum Products Pricing Regulatory Agency (PPPRA), have deliberately withheld importation data for kerosene, as scarcity hits the market with price differentiation.Even the Nigerian National Petroleum Corporation (NNPC), the biggest importer of the product could not offer any assistance. Households (which […]

No, Osinbajo, IBB left legacies
Columnists ECOWAS Ibrahim Babangida NNPC Opinion PTF Yemi Osinbajo

No, Osinbajo, IBB left legacies

Former Head of State, Gen. Ibrahim Babangida Vice President Yemi Osinbajo last Sunday took a swipe at past governments in Nigeria accusing them of draining huge funds with little or no investment in infrastructure. Specifically, he accused the IBB/Abacha administration, the Obasanjo/Yar’ Adua governments and the Jonathan administration of this […]

Nigeria now haven for ‘dirty fuels’ as regulations fail
African News diesel Dirty Fuel DrillBytes Energy Nigerian National Petroleum Corporation NNPC petroleum

Nigeria now haven for ‘dirty fuels’ as regulations fail

Petrol Failure on the part of industry regulators in Nigeria has relegated Nigeria to the background among the comity of nations, thus making it a destination for dirty fuels. Petroleum products that are not accepted in other parts of the globe including most African nations, have continued to flood the […]

Oil reserve crisis looms over delay of blocks
Ibe Kachikwu National News Nigeria NNPC Oil reserve

Oil reserve crisis looms over delay of blocks

The Minister of State for Pretroleum Resources Emmanuel Ibe Kachikwu PHOTO: TWITTER/NNPC • How non-passage of petroleum bill stalls sector’s outlook The delay in the award of new oil blocks and uncertainties over existing marginal oilfields are upsetting industry players, amid a warning that the country’s economic development could be […]

Regulators withhold data on kerosene importation as scarcity worsens
Business Business News Ndu Ughamadu NNPC

Regulators withhold data on kerosene importation as scarcity worsens

Kerosene PHOTO:AFP Industry regulators, the Department of Petroleum Resources (DPR), and Petroleum Products Pricing Regulatory Agency (PPPRA), have declined to produce importation data for kerosene as scarcity hits the market with price differentiation Even the Nigerian National Petroleum Corporation (NNPC), the biggest importer of the product could not offer any […]

President Buhari’s Takeaways from FOCAC Beijing Summit
China FOCAC Maikanti Baru Muhammadu Buhari‎ National News Nigeria NNPC

President Buhari’s Takeaways from FOCAC Beijing Summit

China's Premier Li Keqiang (R) talks to Nigeria's President Muhammadu Buhari during their meeting at the Diaoyutai State Guesthouse in Beijing on September 5, 2018. Parker Song / POOL / AFP Heads of State, Governments and delegations from 52 African countries, which includes Nigeria and the People’s, Republic of China […]

NNPC, Chinese consortia sign pacts on biofuel development
Maikanti Baru National News Nigeria NNPC

NNPC, Chinese consortia sign pacts on biofuel development

Baru The Nigerian National Petroleum Corporation (NNPC) has signed memoranda of understanding (MoUs) with Chinese consortia to develop sustainable biofuels in the country. At a ceremony yesterday in Beijing on the sidelines of the Forum for China-Africa Cooperation (FOCAC) Summit, the two pacts were signed between NNPC and OBAX-COMPLANT Consortium […]

EFCC seeks law to criminalise project abandonment
EFCC Ibrahim Magu Kola Ologbondiyan NAPEP National News Nigeria NNPC

EFCC seeks law to criminalise project abandonment

Ibrahim Magu, Acting Chairman of the Economic and Financial Crimes Commission • Osinbajo blames PDP for failing to invest in infrastructure • Explain missing N4 trillion oil money, opposition party replies The Economic and Financial Crimes Commission (EFCC) yesterday sought a new legislation against corrupt behaviour by political office holders. […]

Metro Ndu Ughamadu News Nigeria NNPC

NNPC clarifies tariff issue on Ajaokuta-Kaduna-Kano gas pipeline project

Nigerian National Petroleum Corporation (NNPC) execution of the strategic Ajaokuta-Kaduna-Kano (AKK) gas pipeline project is progressing under the original concept of 100 per cent contractor financing model, an official said. In a statement in Abuja on Tuesday, the NNPC spokesman, Mr Ndu Ughamadu, said the contractor finance arrangement was still […]

Era of VAT charges on LPG almost gone, says PPMC
Energy LPG NNPC Petroleum Products Marketing Company PPMC VAT

Era of VAT charges on LPG almost gone, says PPMC

LPG In line with the Federal Government’s aspirations to increase local consumption of Liquefied Petroleum Gas (LPG) in the country, Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has disclosed plans by the government to remove the existing value added tax (VAT) on LPG […]

Ogoni clean-up is well on track
Columnists NNPC Ogoni cleanup project Opinion

Ogoni clean-up is well on track

The attention of the Management of the Hydrocarbon Pollution Remediation Project, HYPREP has been drawn to separate publications in The Guardian Newspaper of 6th August, 2018 with the titles, “Niger Delta Leaders, Stakeholders Decry Slow Pace of Ogoni Cleanup” and the Guardian editorial, “What’s delaying the Ogoni cleanup project”, respectively. […]