The Minister of Finance and Coordinating Minister of the Economy has announced that a forensic audit of the Nigerian National Petroleum Company Limited (NNPC) limited will soon commence. Edun, who was speaking at the Nigerian Investor Forum, which is holding on the sidelines of the IMF/World bank spring meetings...
NNPCL
The Tinubu Media Support Group (TMSG) says the federal government’s decision to make the naira-for-crude policy permanent is a sustainable solution to the cost of living crisis in the country. Chairman of the advocacy group, Mr Emeka Nwankpa, said this in a statement on Tuesday in Abuja. Nwankpa said...
By JOY ADARA, Abuja- The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Bashir Ojulari, has reaffirmed his commitment to forging strong and effective partnerships with key stakeholders to successfully deliver on the strategic mandate entrusted to him by President Bola Tinubu. Mr....
A Coalition of Civil Society Organisations has called for investigation into the $1.5 billion investment in Port Harcourt Refinery by the immediate past Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Mr Mele Kyari. The coalition, Situation Room on Transparency and Accountability, led by its Convener,...
An economist, Dr Ayo Teriba has urged the new management of the Nigeria National Petroleum Corporation Limited (NNPCL) to divest its investment to renewable energy to achieve the projected target. Teriba, the Chief Executive Officer of Economic Associates, said this in an interview with the News Agency of Nigeria...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has said the recent drop in global crude oil prices has sparked hopes of a corresponding reduction in petrol prices in Nigeria National President, PETROAN, Dr Billy Gillis-Harry, while reacting to recent development in the oil and gas sector...
One of the prominent members of the Nigerian Society of Engineers (NSE), Engr Abdullahi Hashim, has lauded President Bola Tibubu’s appointments of the Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company Limited (NNPCL), Engr Bayo Ojulari and the Non Executive Chairman of the company’s Board, Engr Ahmadu...
The Chairman, House of Representatives Committee on Petroleum (Midstream), Rep. Odianosen Okojie (APC-Edo), has urged the new management of Nigerian National Petroleum Company Limited (NNPCL) to prioritise national interest in the discharge of its responsibilities. In a statement on Saturday, Okojie commended the outgone management, led by Mr Mele...
Ojulari takes over from Kyari as new NNPCL GCEO pledges to consolidate on predecessor’s achievements
Ojulari takes over from Kyari as new NNPCL GCEO pledges to consolidate on predecessor’s achievements
By JOY ADARA , Abuja- The new Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has officially taken over the reins of the company from his predecessor, Mr. Mele Kyari. In a brief handover ceremony held at the NNPC Towers on Friday,...
BY AMOS MATHEW, Kaduna– Northern groups known as the Arewa Youth Consultative Forum (AYCF) and Northern Awareness Network (NAN) have extended their heartfelt congratulations and best wishes to Mr. Mele Kyari upon his retirement from the position of Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company...
A stock broker Mr David Adonri, has said the anticipated listing of the Nigerian National Petroleum Company (NNPC Ltd.) on the Nigerian Exchange Ltd. (NGX) will unlock global capital and enable it to surpass President Tinubu’s 60 billion dollars investment goal by 2030, The News Agency of Nigeria (NAN)...
By JOY ADARA, Abuja – The Management and staff of NNPC Ltd. have welcomed the appointment of a new Group Chief Executive Officer, Mr. Bayo Ojulari, and Board of Directors for the Company by President Bola Ahmed Tinubu. This is contained in a statement issued on Wednesday by the...
By DAVID IORJA, Abuja – President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele Kolo Kyari. President Tinubu in a statement on Wednesday by his media...
Petrol prices in Lagos, Nigeria’s commercial hub, have surged by ₦70 per liter, rising from ₦860 to ₦930, adding to the financial burden of consumers. The fuel price hike has also taken hold in other regions, including Abuja and major northern cities, where petrol is now being sold at...
By OLA MODUPE, Lagos – NNPC Retail Limited (NRL) marked another milestone with the successful hosting of She-Fix 2025, a landmark event dedicated to empowering women in automotive, technical, and energy sectors and commemorating International Women’s Day. The event, which took place recently at The Stable Center, Surulere, Lagos,...
By OLA MODUPE , Lagos- Dangote Petroleum Refinery has announced a temporary halt on the sale of petroleum products in Naira, citing a currency mismatch between its sales proceeds and crude oil purchase obligations. The company in a statement released on Wednesday, said the decision was necessary to avoid...
The Federal High Court (FHC) in Abuja on Tuesday, dismissed the Nigeria National Petroleum Company Limited (NNPCL)’s objection against a suit filed by the Dangote Petroleum Refinery and Petrochemicals FZE over oil import licence dispute. Justice Inyang Ekwo in a ruling, dismissed the objection on the grounds that the...
By OLA MODUPE , Lagos – Renaissance Africa Energy has completed the “acquisition of the entire (100%)” equity holding in Shell Petroleum Development Company of Nigeria (SPDC). This is according to a statement on Thursday by The spokesman of Renaissance Africa Energy Holdings, Tony Okonedo, announced this in a...