Tag: NNPC

PDP demands inquiry into N1.4 trillion naira oil subsidy payment

The about N1.4 trillion naira claimed to have been spent on oil subsidy by the Federal Government has once again come under scrutiny as the People’s Democratic Party is demanding…

Read More Arrow

Governors accuse NNPC of fraud in petrol subsidy payments

The Nigerian National Petroleum Corporation NNPC has been accused of doubling Nigeria’s daily PMS consumption from about 30 million litres to 60 million litres, and in the process paying more…

Read More Arrow

Senate to investigate NNPC, Nigerian Agip Oil Company IPP Security Account

The senate has directed its committee on Public Accounts to carry out a holistic investigation into the activities of the operation of the Nigerian National Petroleum Corporation NNPC, Nigerian Agip…

Read More Arrow

Nigeria commits to ending gas flaring by 2020

Nigeria has reiterated its willingness to end gas flaring by the year 2020.   Minister of state for Petroleum Resources Ibe Kachikwu made the commitment in the monthly bulletin of…

Read More Arrow

NNPC to fix Nigeria’s refineries in 18 months

A committee report has suggested that the Nigerian National Petroleum Corporation, NNPC, may be given 18 months to fix the nation’s refineries in order to increase capacity to refine petroleum…

Read More Arrow