Nigerian National Petroleum Company Limited (NNPC) has confirmed that national crude oil production has grown from a historic low of 960,000 barrels per day in 2022 to an average of 1.71 million barrels per day and a peak production of 1.84 million barrels per day in 2025, owing to...
NNPC
Shell Nigeria Exploration and Production Company Limited (SNEPCo) and the Nigerian National Petroleum Company Limited (NNPC) last week donated an Endobronchial Ultrasound (EBUS) system and a Body Plethysmograph to the University of Lagos Teaching Hospital (LUTH), enabling one of Nigeria’s foremost health institutions to provide advanced diagnostics in pulmonary...
Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Federal Government to reduce the cost of crude oil supplied to the Dangote Petroleum Refinery, warning that the current pricing structure is contributing to the sharp rise in petrol prices across the country. National President of IPMAN, Abubakar...
President Bola Tinubu announced today the successful conclusion of a historic settlement agreement between the Federal Government of Nigeria, ENI, and Nigerian Agip Exploration Limited (NAEL). The announcement was made at the meeting in his office attended by the Chief Executive Officer of Eni, Claudio Descalzi; the Chief Operating...
Federal Ministry of Finance has announced the commencement of the implementation of Executive Order 9 of 2026, aimed at strengthening transparency and safeguarding Nigeria’s petroleum revenues. In a press statement issued in Abuja, the ministry disclosed that the Implementation Committee for the executive order held its inaugural meeting on...
The Group Chief Executive Officer, NNPC Ltd, Engr. Bashir Bayo Ojulari, has disclosed that the company is currently in talks with partners with proven track record of refining and petrochemical operations in order to build sustainable, self-financing, and profitable solutions for its refineries. This was disclosed in a statement...
Nigerian National Petroleum Company (NNPC) Limited has announced the full restoration of the Escravos–Lagos Pipeline System (ELPS) following an explosion that disrupted operations earlier this month in Warri, Delta State. The company in a statement issued on Tuesday by the Chief Corporate Communications Officer of NNPC Limited, Andy Odeh,...
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC Ltd.), Engr. Bashir Bayo Ojulari has reaffirmed the Company’s commitment to peace, dialogue, and responsible energy development in Ogoniland, describing the Federal Government’s renewed engagement as a demonstration of hope and a new beginning built on partnership...
President Bola Ahmed Tinubu has directed the National Security Adviser (NSA), Mallam Nuhu Ribadu, to immediately engage the Nigerian National Petroleum Company Limited (NNPCL), the Ogoni people, and other relevant stakeholders with a view to finalising the modalities for the resumption of oil production in Ogoniland. President Tinubu issued...
Nigerian National Petroleum Company Limited (NNPCL) has announced plans to secure $60 billion in investments over the next five to seven years to enhance Nigeria’s gas infrastructure and strengthen its position in the global energy market. Speaking at the Gastech Exhibition and Conference in Milan, Italy, NNPCL Group Chief...
The Chairman,Independent Corrupt Practices and Other Related Offences Commission (ICPC),ICPC Headquarters, Plot 802, Constitution Avenue,Central Business District,Abuja, Nigeria. Dear Chairman, We have the honour to respectfully write to your esteemed office concerning the several lies of Bayo Ojulari the Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum...
Group CEO of NNPC Ltd., Engr. Bashir Bayo Ojulari, has revealed that the Company is under attack from people who don’t mean well for Nigeria and who are against the ongoing transformation efforts in the Company. Ojulari disclosed this while playing host to a delegation from the national body...
By EZEKIEL OBI, Abuja- Nigeria Professionals in Diaspora (NPID) held a world press conference in London today, condemning what they described as “baseless attacks” and unwarranted restrictions on the personal accounts of the former Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele...
By DAVID IORJA, Abuja- President Bola Tinubu has mandated a comprehensive review of revenue retention and deduction practices by key federal agencies to enhance Nigeria’s financial framework. The directive was disclosed by Finance Minister Wale Edun following the Federal Executive Council meeting, presided over by Tinubu, on Wednesday at...
Dear Fellow Nigerians, We write to you today with a sense of urgency and righteous indignation over an unfolding scandal that strikes at the very heart of accountability and good governance in Nigeria. At a time when over 200 million Nigerians live in multidimensional poverty, when inflation has soared,...
By EZEKIEL OBI, Abuja- The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over what it describes as a failure to account for N500 billion in oil revenue allegedly not remitted to the Federation Account between October and December...
By JOY ADARA , Abuja- The Nigerian National Petroleum Company Limited (NNPC Ltd.) has said the Port Harcourt Refining Company (PHRC) will undergo a maintenance shutdown. Chief Corporate Communications Officer, NNPC Ltd., Mr Olufemi Soneye, said in a statement on Saturday that scheduled maintenance and sustainability assessment would commence...
By AUSTINE TSENZUGHUL, Bauchi – A recent petition by the Community Development Committees (CDCs) titled “INVESTIGATE WUNTI” and addressed to the Economic and Financial Crimes Commission (EFCC) has come under fire for lacking substantial evidence. The petition calls for an investigation into the conduct of former Group General Manager...
The NNPC Foundation has commenced a free cataract surgery programme in the North-West towards restoring sights and improving lives for thousands of individuals in the region. The News Agency of Nigeria (NAN) reports that Mrs Emmanuella Arukwe, Managing Director of the foundation, inaugurated the programme in Zaria on Friday...
Sen. Heineken Lokpobiri, Minister of State, Petroleum Resources (Oil), has described the Joint Venture (JV) between Nigerian National Petroleum Company Limited (NNPC Ltd.), Caverton Offshore Support Group and Stenabulk as a strategic industry alignment. Lokpobiri also said that the JV was a bold step toward enhancing shipping operations, strengthening...