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Direct Sale Direct Purchase
Nigerian state oil company NNPC said on Sunday that 15 companies had won the right to swap the nation’s crude oil for fuels following a tender for the deals.
The Nigerian National Petroleum Corporation (NNPC), says it transferred N153.01 billion into the federation account in January.
The NNPC, Nigeria’s state owned oil giant, Thursday announced that 132 companies had submitted bids for the 2019 crude for refined products programme tagged Direct Sale, Direct Purchase (DSDP).
The Nigerian National Petroleum Corporation (NNPC) has disclosed the source of the $1.05 billion revolving fund it said it uses to support its supply of petrol to Nigerians since private oil marketers stopped importing and supplying petrol in the country.
Nigeria's state oil firm NNPC has extended its crude-for-product swap contracts, the country's main avenue to meet the bulk of its fuel needs, until June 2019, sources familiar with the matter said.
The Nigerian National Petroleum Corporation (NNPC) through its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), sold and distributed a total of 1.352.86 billion (one billion three hundred and fifty two million and eight six thousand) litres of white products across the country in October, 2017.
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Friday said Nigeria’s gas production rose by 20.23 per cent in 2015.
The Senate is set for a showdown with the Federal Government over the alleged payment of N26 per litre to subsidise the pump price of Premium Motor Spirit, also known as petrol.
The Depot and Petroleum Products Marketers Association (DAPPMA) on Thursday said that its members paid over N90 billion for over a month and were yet to get allocation for cargo of fuel from the Nigerian National Petroleum Corporation (NNPC)/Petroleum Product Marketing Company (PPMC).
The Presidency on Sunday said there was no truth in the media reports that the Nigerian National Petroleum Corporation awarded contracts worth $25bn.
The Presidency has again faulted claims that $25 billion oil contracts were awarded by the the Nigeria National Petroleum Corporation (NNPC) or is $25 billion NNPC fund missing.
The Federal University of Technology, Akure, (FUTA) has suspended a student, Mr Afolabi Emmanuel, for allegedly hacking the website of Premium Times, an online news publication.
Inter CEO Giuseppe Marotta says that the club will announce on Thursday that a deal has been struck to sign Alexis Sanchez from Manchester United permanently.
Microsoft is now allowing Windows 10 users to run Android apps side by side with Windows applications on a PC. It’s part of a new feature in Your Phone, and it builds upon the mirroring that Microsoft’s Your Phone app already provides. You can now access a list of Android apps in Microsoft’s Your Phone app and launch these mobile apps accordingly. These will run in a separate window outside of the Your Phone app, mirrored from your phone.
Borussia Dortmund have denied holding any transfer talks with Manchester United over Jadon Sancho, casting further doubt on a move back to England for the star winger.
Benue State Governor Samuel Ortom has denied claims that he would decamp from the People’s Democratic Party (PDP) to All Progressives Congress (APC) or any other political party.
Clubs in France’s top two divisions will be allowed to make five substitutions per match next season, the French league announced on Friday.
The Chairman, Senate Committee on National Security and Intelligence, Ibrahim Abdullahi Gobir, has called for a thorough investigation to ascertain the role being played by some traditional rulers in aggravating security situation in their domains.
Super Eagles star Sylvester Igboun has joined Russian club Dynamo Moscow on a two-year permanent deal.
The deputy governor sued for calm and enjoined the residents of the state to follow the safety protocols highlighted by the government and health authorities. He stressed that the state government is determined to flatten the curve of Coronavirus and curb community transmission
“Pa Fasanmi was an icon who left indelible footprints in the sands of time. Baba Fasanmi was a leader who demonstrated his love for our great country in many laudable ways, but more heart-warming was how he showed optimal concern for the welfare of the poor and underprivileged, and how he held leaders accountable on their promises of good governance.”