Tag Archives: Nigerian National Petroleum Corporation (NNPC)

FG lauds NNPC’s forayThe Federal Government has commended the Nigerian National Petroleum Corporation (NNPC) for venturing into the development of renewable energy across the country. The Minister of Science and Technology, Ogbonnaya Onu, gave the commendation on Thursday during his visit to NNPC’s pavilion at the ongoing Technology and Innovation Expo 2018 at the Eagles’ Square in Abuja. Onu said ...

The Nigerian National Petroleum Corporation, (NNPC), on Tuesday, said it remitted N857.36 billion to the federation account in 2017. The NNPC, in a statement on its Monthly Financial and Operations Report for December 2017, also disclosed that it remitted N19 billion to the Federal Government for debt repayment, while N644.05 billion was used to finance its Joint Venture operations. The ...

Governor Ibikunle Amosun, on Friday, said the Nigerian National Petroleum Corporation had confirmed that there was petroleum and gas deposit in commercial quantity in Tongeji Island, located in the Ogun Waterside Local Government Area of the state. The governor said this in a statement by a press officer in the Ogun State Government House, Femi Osipitan, on Saturday. Amosun was ...

The House of Representatives Ad-Hoc Committee investigating the state of the nation’s refineries has directed the Nigerian National Petroleum Corporation to halt the 1.8 billion dollars contract for the Turn Around Maintenance (TAM) at the facilities. Addressing a media conference in the national assembly, the Chairman of the committee, Garba Mohammed, said the House had mandated the committee to ascertain ...

The Federal Government has assured investors seeking to build modular refineries in the Niger Delta region of tax waivers and contributory finance. Rabiu Suleiman, the Senior Technical Adviser to the Minister of State for Petroleum Resources, made this known at the ongoing Nigeria International Petroleum Summit (NIPS) in Abuja on Wednesday. Suleiman, who spoke during one of the sessions on ...

  The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, is seeking better collaboration and development amongst African countries in the oil and gas sector. Baru said: “It is high time African countries collaborate and trade amongst each other not only in terms of oil and gas but in other key sectors.” He made this known, ...