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OPEC reveals FG struggles to meet quota amid N4trn subsidy, oil theft

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|Date: July 16, 2022
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OPEC reveals FG struggles to meet quota amid N4trn subsidy, oil theft

The latest market report of the Organisation of Petroleum Oil Producing Countries (OPEC) has again showed ...

The latest market report of the Organisation of Petroleum Oil Producing Countries (OPEC) has again showed how the Nigerian federal government has been struggling to meet the country’s allocated quota ...

July 16, 2022
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NNPC denies ongoing recruitment

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|Date: July 10, 2022
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NNPC denies ongoing recruitment

The Nigerian National Petroleum Corporation (NNPC) has debunked reports about an ongoing recruitment. Thi ...

The Nigerian National Petroleum Corporation (NNPC) has debunked reports about an ongoing recruitment. This was contained in a statement issued on Sunday, July 10, by the NNPC Group General Manager, Gr ...

July 10, 2022
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IPMAN pledges to redress fuel scarcity challenge in Eid message

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|Date: July 09, 2022
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IPMAN pledges to redress fuel scarcity challenge in Eid message

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed the difficulty in the cou ...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed the difficulty in the country's supply and distribution of petroleum products, pledging to redress the issue. In a messa ...

July 09, 2022
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NLC calls for total removal of subsidy under one condition

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|Date: July 07, 2022
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NLC calls for total removal of subsidy under one condition

The President of the Nigeria Labour Congress (NLC), Ayuba Wabba, urged the Federal Government to fix the ...

The President of the Nigeria Labour Congress (NLC), Ayuba Wabba, urged the Federal Government to fix the country's refineries and stop giving out subsidies in his submission on proposing a solution to ...

July 07, 2022
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Barkindo: OPEC’s Secretary-General passes away at 63 while visiting Nigeria

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|Date: July 06, 2022
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Barkindo: OPEC’s Secretary-General passes away at 63 while visiting Nigeria

Dr Mohammed Barkindo, the Secretary-General, Organisation of the Petroleum Exporting Countries (OPEC), is ...

Dr Mohammed Barkindo, the Secretary-General, Organisation of the Petroleum Exporting Countries (OPEC), is dead. Mr Mele Kyari, the Group Managing Director, Nigerian National Petroleum Company (NNPC), ...

July 06, 2022
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Reps invite Sylva, Kyari, others over fuel consumption investigations

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|Date: July 05, 2022
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Reps invite Sylva, Kyari, others over fuel consumption investigations

The House of Reps on Tuesday, July 5, summoned the Minister of State for Petroleum, Timipre Sylva, and th ...

The House of Reps on Tuesday, July 5, summoned the Minister of State for Petroleum, Timipre Sylva, and the Group Managing Director of the Nigerian National Petroleum Company Ltd, Mele Kyari. The Reps ...

July 05, 2022
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Lai, Information Minister, reveals why subsidy removal is not feasible

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|Date: July 05, 2022
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Lai, Information Minister, reveals why subsidy removal is not feasible

Lai Mohammed, the Minister of Communication and Culture, on Tuesday, July 5, revealed the reason the Fede ...

Lai Mohammed, the Minister of Communication and Culture, on Tuesday, July 5, revealed the reason the Federal Government is unable to eliminate subsidies for Premium Motor Spirit (PMS), also known as p ...

July 05, 2022
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Reps mandate NNPC to establish more depots to curb fuel scarcity

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|Date: July 01, 2022
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Reps mandate NNPC to establish more depots to curb fuel scarcity

House of Representatives has charged the Nigerian National Petroleum Corporation (NNPC) to establish and ...

House of Representatives has charged the Nigerian National Petroleum Corporation (NNPC) to establish and equip more depots nationwide to end the reoccurring fuel scarcity in the country. This followed ...

July 01, 2022
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Reps probe alleged $10bn NNPC fuel subsidy fraud

Posted by 1st news
|Date: June 29, 2022
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Reps probe alleged $10bn NNPC fuel subsidy fraud

The House of Representatives, has constituted an Ad-hoc Committee to investigate the Petroleum Products S ...

The House of Representatives, has constituted an Ad-hoc Committee to investigate the Petroleum Products Subsidy regime between 2017 and 2021 by the Nigerian National Petroleum Company (NNPC). This fol ...

June 29, 2022
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NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months

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|Date: June 28, 2022
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NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months

Data provided on Monday, June 27, by the Nigerian National Petroleum Company Limited (NNPC) shows that N1 ...

Data provided on Monday, June 27, by the Nigerian National Petroleum Company Limited (NNPC) shows that N1.301 trillion was spent between January and May of this year as a subsidy on Premium Motor Spir ...

June 28, 2022
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