The Federation Accounts Allocation Committee (FAAC) meeting scheduled for Wednesday was postponed due to a dispute between states and the Nigerian National Petroleum Company (NNPC) Ltd over unpaid remittances. States boycotted the meeting until NNPC settles an estimated N1.7 trillion in revenues, which have been pending since the full removal of the petrol subsidy in…
In the spirit of love, the Nigerian National Petroleum Company Limited went the extra mile this Valentine’s Day, ensuring thousands of drivers hit the road with free fuel. As part of the #FueledWithLove initiative, over 2,500 motorists received complimentary fuel worth ₦10,000 each at select stations across Nigeria. Sharing the story on X (formerly Twitter)…
The Nigerian National Petroleum Company Limited (NNPCL) has announced a slight reduction in petrol prices at its retail stations, lowering the pump price from N960 to N945 per litre. The new pricing took effect on Thursday, February 13, 2025, following an official directive from the company’s headquarters. According to Politics Nigeria, At an NNPC filling…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has said no explosion was recorded at the Warri Refining and Petrochemical Company (WRPC). Olufemi Soneye, the chief corporate communications officer of NNPC Ltd, in a statement on Friday night, made this known in reaction to a report alleging that there was an explosion at the refinery….
A fire broke out at a wellhead in OML15, located at the Bukuma/Buguma flow station in Asari-Toru Local Government Area, Rivers State. The fire, which lasted for four days, is believed to have been caused by security agencies shelling the area to prevent oil theft, which led to an oil spill. Civil society groups have…
The Group Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari has disclosed that he went from being an Almajiri school pupil to becoming the head of the national oil company. Kyari stated this on his X handle, @MKKyari, on Wednesday as he celebrated his 60th birthday. He expressed profound gratitude to…
A report by the office of Nigeria’s Auditor-General has indicted the Nigerian National Petroleum Company Limited (NNPCL) for alleged misappropriation of funds and diversion of revenue meant for the Federation in 2021. The indictments are contained in the 2021 Auditor-General’s annual report published in November 2024. The 558-page report was recently submitted to the National…
The Nigerian National Petroleum Company Limited (NNPC Ltd.), says the 150,000 barrels per day (bpd) Port Harcourt Refinery and Kaduna Refinery are undergoing a comprehensive overhaul, designed to meet world-class standards. The company said the rehabilitation done at the 60,000 bpd Port Harcourt Refinery and Warri Refinery was not the typical Turnaround Maintenance (TAM) of…
BREAKING: 125,000 bpd Warri Refinery Begins Operation (VIDEO) The 125,000 barrel per day Warri Refinery has begun operation, GISTSMATE MEDIA reports. This was disclosed by the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari during a tour of the facility on Monday. Before the tour of the facility began,…
The Nigerian National Petroleum Company Limited (NNPC Ltd), weekend, said employment, promotions, appointments, and movements of business leaders are not influenced by ethnicity, tribe, religion, or political affiliation. The Chief Corporate Communications Officer, CCCO, NNPCL, Olufemi Soneye, said merit, business requirements, and expertise remain the considerations. Reacting to concerns raised in Farooq Kperogi’s recent article…