By Michael Eboh Abuja — The Nigerian National Petroleum Corporation, NNPC, disclosed yesterday that Kaduna Refinery will resume the production of Premium Motor Spirit, PMS (petrol), within the next three months. This was even as NNPC stated that it had lifted the embargo earlier placed on 113 vessels, banning them from engaging in crude oil […]
Tag Archives: NNPC
By Collins Olayinka and Sulaimon Salau The Nigerian National Petroleum Corporation (NNPC) has cancelled contracts for supply of oil to refineries among other steps aimed at boosting operational efficiency. General Manager, Group Public Affairs Division, Ohi Alegbe, in a statement issued in Abuja yesterday said the new measures would strengthen the corporation across its value […]
By James Emejo Abuja — The forensic audit into the allegation of unremitted funds by the Nigerian National Petroleum Corporation (NNPC), which was carried out by PricewaterhouseCoopers (PwC), has revealed that the sum of $ 1.48 billion is yet to be remitted to the Federation Account by the corporation and its E&P subsidiary, Nigerian Petroleum […]
Without the slightest hint of impending changes, President Goodluck Jonathan yesterday carried out a major shake-up in the top echelon of the Nigerian National Petroleum Corporation (NNPC), with the sack of the Group Managing Director, Mr. Andrew Yakubu as well as the Managing Director of its subsidiary Exploration and Production (E&P) company, the Nigerian Petroleum […]