Senate plans arrest warrant for NNPCL chiefs, HoCSF

Senate plans arrest warrant for NNPCL chiefs, HoCSF

The Senate has announced its decision to issue a warrant of arrest for some agencies for their incessant refusal to honour lawmakers’ summonses. it was gathered that the agencies penned down for invitation by the Senate Committee on Ethics, Priviledges and Public Petitions, led by Senator Neda Imasuen (LP, Edo South), are the Nigerian National Petroleum Corporation Limited, the Nigerian Diaspora Commissions, and the Union Homes Savings And Loans Plc. […]

October 14, 2024 21

BUSINESS

NNPCL hasn’t paid marketers subsidy for nine months — CFO

The Nigerian National Petroleum Company Limited has confirmed that the Federal Government is paying subsidies on the petrol it imports into the country. Though the NNPCL denied paying fuel subsidies to marketers in the last nine months, it said the government allows it to sell at a price below the landing cost The company’s Chief Financial Officer, Alhaji Umar Ajiya, made the clarifications on Monday in Abuja. Ajiya said the […]

August 20, 2024 19

NEWS

Only NNPCL can buy Dangote petrol – IPMAN

No oil marketer is going to buy Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery and sell at the prevalent pump prices at filling stations in Nigeria except the Nigerian National Petroleum Company Limited, operators in the downstream oil sector have declared. On July 15, 2024, The PUNCH reported that the President of Dangote Industries Limited, Alhaji Aliko Dangote, announced that the $20bn refinery was set to […]

July 29, 2024 9

BUSINESS

NNPCL plans to end fuel shortage in 10 years

The Nigerian National Petroleum Company Limited has assured Nigerians that the country’s energy scarcity will be over in the next 10 years. The NNPCL Group Chief Executive Officer, Mele Kyari, disclosed this Tuesday at the opening ceremony of the seventh edition of the Nigerian International Energy Summit held in Abuja. In a statement by the NNPCL Chief Corporate Communications Officer, Olufemi Soneye, assured stakeholders of the company’s commitment to work […]

February 28, 2024 44

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