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.
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).
The Socio-Economic Rights and Accountability Project (SERAP) has called on Nigerian President Bola Tinubu to investigate the alleged N5.9 billion spent on rebranding the Nigerian National Petroleum Corporation (NNPC) to 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.
By Kingsley Adegbite In Nigeria’s already fragile information environment, numbers have enormous power. When a public official declares that N210 trillion has gone missing, the figure is large enough to shock citizens, dominate headlines and inflame public anger. That is precisely why such claims must be handled with care and responsibility. Unfortunately, Senator Ahmed Wadada’s allegation […]
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The Nigerian Senate has summoned former NNPCL CEO Mele Kyari and other ex-bosses to account for an alleged N210 trillion expenditure, demanding answers for unaccounted funds.
By Progress Godfrey ABUJA — The Federal Government, NNPC Limited (NNPCL), the Nigerian Economic Summit Group (NESG), and key investment partners have officially backed Portland Gas Limited’s proposed Mini-LNG and LCNG facility in Gwagwalada, Abuja, highlighting the project as a cornerstone of Nigeria’s gas-driven industrial growth and energy security strategy. The endorsement came during a […]
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Nigeria's oil production has surged to 1.84 million barrels per day (mbpd) from a previous low of 960,000 barrels per day (kbpd), according to NNPCL, attributing the increase to improved pipeline security measures.
SERAP has called on the Nigerian Senate to ensure full transparency in its investigation into an alleged missing ₦200 trillion from the NNPCL, demanding public access to all findings.
The University of Ilorin (UNILORIN) and NNPCL have partnered to establish a Centre of Excellence for energy research, the first of its kind in West Africa, and a new Professorial Chair.
The NORTH WEST GUILD OF EDITORS (NWGOE), a coalition of professionals and stakeholders committed to transparency and the defense of public institutional integrity, hereby issues a formal rejoinder…
The ₦210 trillion discrepancy claim does not align with Nigeria’s fiscal realities, the governance structure of NNPC or the financial mechanics of joint venture accounting. What initially appears as a monumental financial scandal quickly dissolves into a phantom figure, one that sits more comfortably in political rhetoric than in verifiable financial records. Nigeria deserves serious […]
The post N210trn mirage: How Wadada’s claim on NNPCL collapses under simple arithmetic, By Kingsley Ade Ad...
The Nigerian Senate Committee on Public Accounts has summoned the immediate past Group Chief Executive Officer of NNPCL, Mele Kyari, and others to account for N210 trillion, threatening arrest if they fail to appear.
PENGASSAN urges the Nigerian government to sell a 51% stake in NNPCL refineries, adopting the NLNG model to improve efficiency and profitability.
Read More: https://punchng.com/sell-51-stake-in-nnpcl-refineries-pengassan-urges-fg/
The Nigerian Federal Government, state governors, and major corporations including Dangote and NNPCL have committed N65 billion to establish a national food bank.
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.
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 […]
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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 […]
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The Nigerian Senate has issued summons for former heads of the Nigerian National Petroleum Company Limited (NNPCL) to account for an alleged N210 trillion.
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.