Nigerian National Petroleum Corporation

The Group General Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has advised indigenous companies operating in the oil and gas sector to upscale their capacity for global competitiveness.

Challenged by dwindling revenue and crippling debt amid the COVID-19 pestilence, the Office of the Accountant-General of the Federation (OAGF) on Tuesday began a training programme for treasury officers who will be deployed to strategic Federal Government Owned Enterprises (FGOEs) as Revenue Directors to help swell government’s purse.

The Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari on Tuesday, said the delay in the passage of the Petroleum Industry Bill (PIB) is fuelling uncertainty in the oil and gas industry.

The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address the loss of foreign investors’ confidence in the country’s oil and gas industry.

Mallam Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has said that the absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry, especially the upstream sector.

The Federal Government has said only 12 out of 36 States are testing for COVID-19 despite support from the Nigeria Centre for Disease Control (NCDC), the Coalition against COVID-19 (CACOVID), the World Bank and the Nigerian National Petroleum Corporation (NNPC), and other bodies.

Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari, has said that over N10 trillion was spent on fuel subsidy between 2006 and 2020 without a significant impact on the masses.

New evidence obtained by BBC Africa Eye contradicts the official explanation for the cause of an explosion which killed 23 people and destroyed a girls boarding school in Lagos, Nigeria.

The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, said the Federal Government removed subsidy on petrol because of fraud.

The Nigerian National Petroleum Corporation (NNPC) has shortlisted 78 companies to bid for the rehabilitation of oil pipelines and deport infrastructure across the country.

The Nigerian National Petroleum Corporation, NNPC, Thursday, announced a trading surplus of N20.36 billion in July 2020, rising by 860 per cent from a surplus of N2.12 billion recorded in June.

The Nigerian National Petroleum Corporation, NNPC, Wednesday, disclosed that its legal team won four major court cases bordering on disputes surrounding oil wells and export terminals that helped the country saved Nigeria N5.04 billion.

The CNG (methane stored at high pressure) is a fuel that can be used in place of gasoline, diesel fuel and liquefied petroleum gas (LPG) and its combustion produces fewer undesirable gases than the aforementioned fuels.

The Nigerian National Petroleum Corporation (NNPC) said the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project was not inflated to the tune of 1.527 billion dollars, as alleged in an online media outfit.

President Muhammadu Buhari has warned that it would be economically dangerous for Nigeria to go back to the era of fuel subsidy, citing grave financial cost and a return to the era of long fuel queues as certain results.

President, Centre for Change and Women Arise, Dr. Joe Okei-Odumakin, has faulted the increase in electricity tariff and petrol price would worsen hardship.

Against the backdrop of the full deregulation of the nation’s downstream oil sector, major oil marketers have said fierce competition will moderate the pump prices of petrol.

The US imposed sanctions on 11 entities and three executives Thursday for allegedly aiding an Iranian energy firm that was blacklisted in January, and helping Iran export petroleum products .