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RMAFC reveals how NNPC withheld N8.4 trillion in subsidy payment

Posted by Chuks Ofurum
|Date: June 09, 2023
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RMAFC reveals how NNPC withheld N8.4 trillion in subsidy payment

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has said that the Nigeria National Petr ...

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has said that the Nigeria National Petroleum Company (NNPC) Limited withheld about N8.4 trillion which would have been part of revenue ...

June 09, 2023
| by Chuks Ofurum

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Subsidy Removal: ‘Labour strike is inevitable, FG can do more than four refineries’

Posted by 1st news
|Date: June 05, 2023
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Subsidy Removal: ‘Labour strike is inevitable, FG can do more than four refineries’

Former Deputy President, Nigeria Labour Congress (NLC), Amaechi Asugwuni, has asserted that there is no g ...

Former Deputy President, Nigeria Labour Congress (NLC), Amaechi Asugwuni, has asserted that there is no going back on the proposed strike scheduled for Wednesday as he claims the Federal Government ha ...

June 05, 2023
| by 1st news

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NNPC reveals subsidy regime ended in February 2022

Posted by 1st news
|Date: June 02, 2023
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NNPC reveals subsidy regime ended in February 2022

The Group Chief Executive Officer of the Nigeria National Petroleum Commission Limited (NNPC), Mele Kyari ...

The Group Chief Executive Officer of the Nigeria National Petroleum Commission Limited (NNPC), Mele Kyari, says Nigeria’s subsidy regime ended last year. President Bola Tinubu had at his inauguration ...

June 02, 2023
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Court recalls Ararume as NNPC non-executive chairman

Posted by 1st news
|Date: April 18, 2023
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Court recalls Ararume as NNPC non-executive chairman

Justice Inyang Ekwo of the Federal High Court in Abuja has reinstated Ifeanyi Ararume as the non-executiv ...

Justice Inyang Ekwo of the Federal High Court in Abuja has reinstated Ifeanyi Ararume as the non-executive Chairman of the Nigerian National Petroleum Corporation Limited (NNPC). The judge also nullif ...

April 18, 2023
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NNPC debunks N20bn misappropriation over consultancy payments

Posted by 1st news
|Date: April 04, 2023
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NNPC debunks N20bn misappropriation over consultancy payments

The Nigerian National Petroleum Corporation (NNPC) has admitted that, contrary to what one online publica ...

The Nigerian National Petroleum Corporation (NNPC) has admitted that, contrary to what one online publication claimed, it did not pay ghost consultants N20 billion. This was contained in a statement i ...

April 04, 2023
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IPMAN: No petrol subsidy removal without domestic refining

Posted by 1st news
|Date: April 03, 2023
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IPMAN: No petrol subsidy removal without domestic refining

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has insisted that it is opposed to the ...

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has insisted that it is opposed to the removal of subsidy on petrol with the country refining the product locally. IPMAN explained th ...

April 03, 2023
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NNPC completes rehabilitation of satellite depots

Posted by Chuks Ofurum
|Date: February 19, 2023
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NNPC completes rehabilitation of satellite depots

Nigerian National Petroleum Company Limited, NNPC has completed the rehabilitation of the pipeline at the ...

Nigerian National Petroleum Company Limited, NNPC has completed the rehabilitation of the pipeline at the Satellites depots area. The repairs were; carried out through the NNPCL subsidia ...

February 19, 2023
| by Chuks Ofurum

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NNPC reveals when Port Harcourt refinery will begin operations

Posted by Chuks Ofurum
|Date: February 16, 2023
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NNPC reveals when Port Harcourt refinery will begin operations

The Nigerian National Petroleum Company Limited, NNPC, on Thursday, said that the Port-Harcourt refinery ...

The Nigerian National Petroleum Company Limited, NNPC, on Thursday, said that the Port-Harcourt refinery will begin operations by the second quarter of 2023. It said Warri and Kaduna stations had been ...

February 16, 2023
| by Chuks Ofurum

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NNPC: Rehabilitation of refineries will reduce fuel scarcity

Posted by 1st news
|Date: February 16, 2023
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NNPC: Rehabilitation of refineries will reduce fuel scarcity

The Nigerian National Petroleum Company Limited (NNPC) has stated that it intends to restore three refine ...

The Nigerian National Petroleum Company Limited (NNPC) has stated that it intends to restore three refineries in order to decrease fuel scarcity and boost dependence on natural gas. This was revealed ...

February 16, 2023
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Sylva: Petroleum Minister blames racketeering for prolonged fuel scarcity

Posted by 1st news
|Date: February 09, 2023
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Sylva: Petroleum Minister blames racketeering for prolonged fuel scarcity

The Minister of State for Petroleum Resources, Timipre Sylva, has alleged that marketers who engage in ra ...

The Minister of State for Petroleum Resources, Timipre Sylva, has alleged that marketers who engage in racketeering activities are responsible for the rising cost and scarcity of Premium Motor Spirit ...

February 09, 2023
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