The Nigerian National Petroleum Company (NNPC) Limited started its week with the securing of a 5 billion dollars corporate finance commitment from the African Export Import Bank (Afreximbank) to fund major investments in Nigeria’s upstream sector. For NNPC, securing the facility is a milestone achievement, especially in its bid...
Mele Kyari
The Nigerian National Petroleum Company (NNPC) Limited has every reason to perform beyond expectation in 2022 as President Muhammadu Buhari on Friday inaugurated the Board of the newly incorporated NNPC. The inauguration which took place in Abuja was to ensure strict compliance with Corporate Governance principles that place premium...
The Nigerian National Petroleum Company (NNPC) Limited has ended the year on a bright note after it won an award as the overall best company in oil and gas reforms at the Open Government Partnership (OGP) global awards which was held in Seoul, South Korea. Nigeria picked the award...
The Nigerian National Petroleum Company (NNPC) Ltd. says Friday’s pipeline fire in Iyana-Odo/Baruwa axis of Lagos State will not disrupt the supply of petroleum products across the country. Malam Mele Kyari, Group Managing Director, NNPC Ltd., gave the assurance when he visited the scene of the incident. Kyari said...
Introduction At the beginning of this month November 2021, President Buhari announced at that Nigeria has pledged to eliminate illegal gas flaring (which he said was Nigeria’s single greatest contribution to greenhouse emissions) by 2030. The President made the commitment at the UN Climate Change Conference Glasgow 2021 tagged...
The Nigerian National Petroleum Company (NNPC) Limited started its activities for the week at the World Bank Nigeria Development Update in Abuja, with a fresh commitment to the ongoing reform in the oil and gas sector in Nigeria. The event which held at the Transcorp Hilton Hotel in Abuja...
The Nigeria Labour Congress (NLC) has rejected a planned petrol price hike in the country and the Federal Government’s proposal to pay the sum of N5000 monthly to Nigerians as palliative. NLC President, Ayuba Wabba in a statement on Wednesday described the plan of the Federal Government as a...
President Muhammadu Buhari has suspended the inauguration of the newly constituted Board of the Nigerian National Petroleum Company Limited (NNPC). The Secretary to the Government of the Federation, Mr Boss Mustapha, announced this on Tuesday in a statement titled ‘Suspension of Inauguration of Newly Constituted Board Of NNPC LTD.’...
The Group Managing Director (GMD)/Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited, Malam Mele Kyari, started his weekly activities with an interview with Bloomberg TV in Abu Dhabi, the United Arab Emirates (UAE). Kyari said in the interview that Nigeria would ramp up oil production to...
…As GMD wins 2020 Zik Leadership Award GMD/CEO of NNPC Ltd, Mallam Mele Kyari has been commended for transforming the fortunes of the NNPC from a position of loss-making into a profit- making venture. The Public Policy Research & Analysis Centre (PPRAC) gave this commendation while conferring its “2020 Zik Prize for Public Service...
The Nigerian National Petroleum Company Limited (NNPC) started the week with the commendation of stakeholders in the nation’s political and industrial sectors on the successful activation of the Petroleum Industry Act (PIA 2021). It would be recalled that the Act was signed into law by President Muhammadu Buhari on...