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Ibe Kachikwu: NNPC unlikely to become profitable with huge under recovery cost

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that Nigeria’s continuous subsidising of petrol consumption means the Nigerian National Petroleum Corporation (NNPC) will remain unprofitable in for a long time.
Nigerian National Petroleum Corporation (NNPC)

NNPC partners Red Cross on disaster management

The Nigerian National Petroleum Corporation (NNPC) will partner with the Nigerian Red Cross Society (NRSC) to develop its staff disaster management capacity.

Delta, Akwa Ibom received highest as federal, states, local governments shared N8 trillion in...

A new report has disclosed that the federal government, 36 states and the 774 local government councils in Nigeria shared a total sum of N8 trillion from the Federation Account in 2018 in spite of the shut-ins in several oil installations during the period.
President Buhari presides over Federal Executive Council (FEC) December-2

Ministers lobby for retention in next federal cabinet

Uncertainty now surrounds the constitution of the next federal cabinet by President Muhammadu Buhari who sources say is keeping All Progressives Congress (APC) governors, ministers, associates and loyalists guessing on who are likely to be part of his team.

Easter: DPR cautions against panic buying of petroleum products

The Department of Petroleum Resources (DPR) Field Office in Enugu says petroleum marketers who sell products above government approved prices risk having their stations sealed.
Nigerian National Petroleum Corporation (NNPC)

NIPR commends NNPC for promotion of PR

The Abuja Chapter of Nigerian Institute of Public Relations (NIPR) has commended the Nigerian National Petroleum Corporation (NNPC) for effective deployment of Public Relations (PR) tools and professionals in managing its image and reputation.

Pencom, NIMASA, CBN shine at Enugu trade fair

The 30th Enugu International Trade Fair which ended on Monday in Enugu actually depicted the state of the nation’s economy with the absence of big manufacturing concerns and other key players in the private sector.
Nigerian National Petroleum Corporation (NNPC)

NNPC: Nigeria’s daily crude production in 2018 stood at 2.019 million barrels

The Nigerian National Petroleum Corporation (NNPC) says that the national average daily crude oil production stood at about 2.019 million barrels in 2018.

Niger Delta youths plan grand reception for Minister Kachikwu

Youths of the Niger Delta, under the auspices of Niger Delta Youth Coalition for Peace and Process (NDYCPP), are fine-tuning arrangements to host Ibe Kachukwu, the Minister of State for Petroleum Resources, to a grand reception.

Minister Kachikwu: We have sufficient fuel

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Sunday assured Nigerians that there is sufficient Premium Motor Spirit (PMS), also known as fuel, in the country.

Fuel scarcity hits Ekiti

The scarcity of Premium Motor Spirit commonly known as petrol bit harder in Ekiti State yesterday as most filling stations in the state were closed.

Ondo government vows to sanction petrol dealers for hoarding

Ondo State Government has vowed to sanction any petrol dealer that attempt to hoard petroleum products especially Premium motor Spirit (PMS) in the state.

IPMAN, NUPENG assures of petroleum products availability

The Independent Petroleum Marketers Association of Nigeria (IPMAN), and National Union of Petroleum and Natural Gas Workers (NUPENG), have urged Nigerians to stop panicking over fuel scarcity as there is sufficient product.

NNPC: We’ve one billion litres of petrol in stock

The Nigerian National Petroleum Corporation (NNPC) Friday asked Nigerians to disregard trending social media reports of an impending fuel scarcity due to purported refusal by some oil marketers to lift products from depots.
Mohammed Ahmed Ketso

Niger government to renovate six technical, science colleges

The Niger State government has said it will renovate six technical, and science colleges across the three senatorial zones of the state this fiscal year.

Easter: NNPC promises adequate supply of petroleum products

The Nigerian National Petroleum Corporation (NNPC) has assured the public of adequate supply of petroleum products during the Easter celebration.

Minister: Federal government planning installation of gas filling plants in local councils

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said that the federal government is working assiduously to ensure the installation of gas filling plants in each of the 774 local government areas in the country.

PDP calls on National Assembly to probe federal government’s N24.3 trillion debt profile

The Peoples Democratic Party (PDP) has raised questions over Federal Government’s “unwholesome” borrowings amounting to N24.38 trillion debts, from 2015 debt stock of N12.12 trillion.

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Court orders businessman to cut grass for seven days

Chief Ademola Odunade, the President of a Mapo Customary Court in Ibadan, on Tuesday ordered a businessman, Saheed Ajani, to cut grass for seven days for being disrespectful to the arbitrator.
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Niger APC abandons Mohammed Bago for Femi Gbajabiamila, Ahmed Lawan

The All Progressives Congress (APC) and members-elect of the House of Representatives in Niger State have dashed the hope of member representing Chachanga constituency Mohammed Bago of becoming the Speaker of the House of Representatives.
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General Buratai: Army pushing hard to stabilise North East

Chief of Army Staff (COAS), Lieutenant General Tukur Buratai, has said that the Nigerian Army in collaboration with the Multi-National Joint Task Force is pushing hard to ensure stabilility in the Northern part of Borno.