JUST IN: We Didn’t Ask NNPCL To Sell Fuel Above Pump Price — FG
The Federal Government has dismissed viral report (not by DECENCY GLOBAL NEWS) claiming the Ministry of Petroleum ordered NNPCL to sell fuel at N1000, above the approved pump price. A…
Petrol Scarcity May Worsen As NNPCL Admits $6bn Debt
There are indications that the pump price of premium motor spirit, popularly known as petrol, may rise in filling stations as the Nigerian National Petroleum Company Limited, NNPCL, has finally…
At Last, NNPC Set To Hand Over Warri, Kaduna Refineries To Private Operators
The Nigerian National Petroleum Company Limited says it is seeking to engage reputable and credible Operations and Maintenance companies to operate and maintain the Warri Refining and Petrochemical Company and…
FG Enlists External Auditors To Examine NNPC N2.6tn Subsidy Claim
The Federal Government has finally initiated plans to enlist the services of an external auditor to verify the N2.7tn fuel subsidy claim by the Nigerian National Petroleum Company Limited against…
Voice Out: NNPCL Petrol Sells For Half Its Landing Cost
Price of petrol is being moderated by the Federal Government and the Nigerian National Petroleum Company Limited (NNPCL) to guarantee stability, the oil giant has said. The NNPCL said it…
Again, NNPCL Postpones Port Harcourt Refinery Kick-Off, Sixth Time
The Port Harcourt Refining Company, a refinery under the management of the Nigerian National Petroleum Company Limited in Rivers State, has again failed to commence operations after about six postponements,…
NNPCL Demands N4.7tn Petrol Imports Refund
The Nigerian National Petroleum Company Limited, NNPCL, has demanded a refund of N4.71tn from the Federal Government to settle outstanding debts used to import Premium Motor Spirit, popularly called petrol,…
NNPC Uncovers Another 165 Illegal Refineries
In the past week, the Nigerian National Petroleum Company Limited said it uncovered another 165 illegal refineries in various locations across the Niger Delta. According to a NNPC documentary between…
GOOD NEWS: Dangote Petrol Supply – FG May Slash N6tn Fuel Import
The Federal Government may cut its approximately N6.2tn yearly fuel import bill if the Dangote Petroleum Refinery begins the sale of premium motor spirit as promised by the Chairman of…
FG Plans Fresh Audit Of N2.7tn Subsidy Debt
The Federal Government is set to commence a fresh audit of the N2.8tn fuel subsidy claim by the Nigerian National Petroleum Company Limited. An audit firm, KPMG had conducted an…