Results for "Nigerian National Petroleum Company Limited"

The Nigerian National Petroleum Company Limited has increased the pump price of petrol to N1,345 per litre in the Federal Capital Territory, prompting concerns over rising transport and living costs.

Members of the House of Representatives have formally warned the Nigerian National Petroleum Company Limited to break its silence and provide concrete timelines for completing stalled refinery upgrades.

The article from The Guardian Nigeria News archives discussions and reports related to the Nigerian National Petroleum Company Limited's (NNPCL) expenditures on energy security measures.

Seplat Energy Plc has signed a binding agreement with the Nigerian National Petroleum Company Limited (NNPC Ltd) to sell a 10 percent working interest in their joint venture assets for approximately $281.6 million.

The African Democratic Congress (ADC) has challenged the Nigerian Federal Government and the Nigerian National Petroleum Company Limited (NNPC Ltd.) to account for the N7.13 trillion recorded as energy security expenditure.

The Nigerian House of Representatives Public Accounts Committee (PAC) has directed the Office of the Accountant-General of the Federation (OAGF) to provide a comprehensive breakdown of outstanding operating surplus and other revenues allegedly owed by the Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Company Limited (NNPCL).

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has refuted reports claiming it is selling scrap materials, equipment, or components from its refineries.

The Nigerian National Petroleum Company Limited (NNPCL) has emphasized the critical role of pipeline security in boosting oil production growth and attracting investor confidence in the country's oil sector.

The Northern Youth Progressive Forum, NYPF, has challenged the claim by the Senate Public Accounts Committee that about ₦210 trillion in the accounts of the Nigerian National Petroleum Company Limited, NNPCL, was unaccounted for, urging a technical review of the figures. Chairman of the Senate Public Accounts Committee, Senator Ahmed Wadada, had raised concerns over […] The post Group faults Senate committee’s ₦210tr NNPCL claim— Demands technical review appeared first on Vanguard News.

The Nigerian Senate has issued summons for former heads of the Nigerian National Petroleum Company Limited (NNPCL) to account for an alleged N210 trillion.

CEO of Nigerian National Petroleum Company Limited (NNPCL) Archives  The Guardian Nigeria News

The Nigerian National Petroleum Company Limited (NNPC Ltd) and its OML 118 partners have signed agreements for the Bonga South-West Aparo deepwater project, targeting a $21 billion investment.

Nigeria's Federal Ministry of Finance and the Nigerian National Petroleum Company Limited (NNPCL) are in dispute over unresolved audit queries, including a $3 billion pre-export loan and $722.6 million in LNG dividends.

An opinion piece defends Nigeria’s energy sector reforms, countering recent open letters and articles that questioned the direction of the Nigerian National Petroleum Company Limited (NNPC Ltd) and government policies.

The Nigerian National Petroleum Company Limited (NNPCL) is facing renewed scrutiny over its N7.13 trillion energy-security expense recorded in 2024, raising questions about the national oil company's financial accountability.

A Rivers senator in Nigeria has criticized the Nigerian National Petroleum Company Limited (NNPCL) for repeatedly missing meetings regarding the crude theft probe, hindering legislative oversight.

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has renewed its partnership with TotalEnergies for an additional 24 months to continue deploying advanced methane detection technology across its upstream operations.

The Nigerian National Petroleum Company Limited (NNPC Ltd.) and security agencies have intensified efforts to combat pipeline vandalism following the discovery of a damaged section of the Nigerian Pipelines and Storage.

The Nigerian Senate has given the Nigerian National Petroleum Company Limited (NNPCL) a deadline of April 29 to provide explanations for N210 trillion in audit queries. The demand comes as the Senate seeks accountability for the significant financial discrepancies.

A Federal High Court in Abuja has issued a final forfeiture order for three properties and N3.4 billion in cash, all linked to alleged fraud at the Nigerian National Petroleum Company Limited (NNPCL).

Youths from Ogoni and the South-South region are protesting in Port Harcourt against the Nigerian National Petroleum Company Limited's (NNPCL) alleged failure to fund the Federal University of Environment and Technology in Saakpenwa.

The Nigerian National Petroleum Company Limited (NNPCL) has pledged support for a Mini-LNG and LCNG project being developed by Portland Gas Limited in Gwagwalada, Abuja, and will supply gas to the facility.

Nigerian officials and state oil executives are advancing the 2027 national budget proposal alongside intensified anti-corruption and anti-drug trafficking initiatives. The coordinated push targets financial misconduct within the petroleum sector to safeguard national revenues.

An archive page from The Guardian Nigeria News related to the Nigerian National Petroleum Company Limited (NNPC).

The Nigerian National Petroleum Company Limited (NNPC) recorded a substantial profit of N2.27 trillion in the first half of 2026. This financial success was primarily driven by a rally in crude oil prices during the period.

An editorial criticizes the Nigerian National Petroleum Company Limited (NNPCL) for its perceived reckless disregard for Senate oversight, holding the President of the Senate, Godswill Akpabio, responsible for the company's affronts on the legislature.

The Nigerian Senate has summoned the Central Bank of Nigeria (CBN), the Nigerian National Petroleum Company Limited (NNPCL), and 40 other Ministries, Departments, and Agencies (MDAs). This action is part of a probe into public funds and claims of non-remittance of revenue.

Nigeria's House of Representatives has launched an investigation into the Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Company Limited (NNPCL) regarding an alleged N5.3 trillion in unremitted operating surplus, raising concerns about the nation's revenue performance.

The Socio-Economic Rights and Accountability Project (SERAP) has initiated a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL), demanding accountability for an alleged N5.9 billion spent on rebranding.

The Nigerian Senate has ordered the Nigerian National Petroleum Company Limited (NNPCL) to account for N210 trillion and has summoned its CEO, Mele Kyari, to appear before a committee.

Nigeria's Economic and Financial Crimes Commission (EFCC) has returned N3.94 billion in recovered funds to the Nigerian National Petroleum Company Limited (NNPCL), marking a successful anti-corruption effort.

By Dele Sobowale “Wisdom in people consists of the anticipation of consequences” – Norman Cousins, 1915-1990, Vanguard Book Of Quotations, P274 “The road to hell is paved with good intentions”  Until a few days ago, it would never have crossed my that I could be defending the Nigerian National Petroleum Company Limited, NNPCL, established to foster economic […] The post Executive Order 9 will be counterproductive – 1 appeared first on Vanguard News.

President Bola Tinubu has issued an executive order stopping the Nigerian National Petroleum Company Limited from deducting management fees and the Frontier Exploration Fund, effectively halting revenue streams worth about N2.076tn.