To prevent contractors and former officials of the Nigerian National Petroleum Company Limited (NNPC Ltd) fingered in the ongoing fraud probe from evading accountability, the Nigerian Immigration Service (NIS), at the weekend, ramped up surveillance on them. To this end, immigration officials are on red alert to ensure those accused of plotting to flee the…
Economist and energy sector analyst Kelvin Emmanuel has stated that the Dangote Refinery is currently the only facility in Nigeria genuinely producing Premium Motor Spirit (PMS), commonly referred to as petrol. Emmanuel made the claim while speaking during the Morning Brief program on Channels Television on Monday. He dismissed the government’s narrative around the rejuvenation…
Former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has dismissed reports suggesting he is in the custody of the Economic and Financial Crimes Commission (EFCC), describing the claim as mischievous and entirely false. Reacting via his verified X (formerly Twitter) account on Saturday, Kyari expressed dismay over what…
Mele Kyari, former group CEO of Nigerian National Petroleum Company (NNPC) Ltd, is in the custody of the Economic and Financial Crimes Commission (EFCC), TheCable understands. Kyari and some top officials of the national company who were recently relieved of their jobs are being questioned over allegations of mismanagement of funds and abuse of office….
The Economic and Financial Crimes Commission has arrested the recently sacked managing directors and some top officials of the Port Harcourt Refining Company, Warri Refining and Petrochemical Company, and Kaduna Refining and Petrochemical Company. The officials were arrested over alleged mismanagement of funds earmarked for the rehabilitation of the facilities. The total amount under investigation…
A restructuring exercise has claimed at least 200 officials of the NNPC, Peoples Gazette can report, as chief executive Bayo Ojulari launches his first broad action on the state-run oil firm since he assumed office earlier this month. Multiple company sources listed Bala Wunti, former head of NAPIMS, and Lawal Sade, the agency’s chief compliance…
The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of premium motor spirit (PMS), also known as petrol, at its filling stations in Lagos and Abuja. As at Monday, NNPC retail outlets sold the product for as low as N880 per litre in Lagos and N935 per litre in Abuja. The current…
The Nigerian National Petroleum Company Limited has announced the appointment of a new eight-member senior management team tasked with overseeing the affairs of the company’s operations and strategic direction. It also reshuffled key management positions to strengthen its operational efficiency. A statement by the company’s spokesman, Olufemi Soneye, disclosed the latest development on Friday. The…
The Personal Assistant to President Bola Tinubu on constituency affairs, Hon. Kareem Khadijat Omotayo has congratulated the new GCEO of NNPC, Engineer Bashir Ojulari. GISTSMATE MEDIA reported that President Bola Tinubu on Wednesday, appointed Engineer Bashir Ojulari as the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited. As announced by the…
President Bola Tinubu on Wednesday, appointed Engineer Bashir Ojulari as the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited. As announced by the Special Adviser to the President (Information & Strategy), Bayo Onanuga, the president had invoked Section 59, subsection 2 of the Petroleum Industry Act, 2021, which emphasised that the…