By Olatunde Dodondawa The House of Representatives Committee will hold its meeting with the major stakeholders in the oil and gas sector today Friday, June 24, 2022. The meeting is to ascertain the reasons for the scarcity of fuel, diesel, and cooking gas price hikes currently faced by Nigerians. Those […]
Tag: NNPC
Fuel Scarcity: NNPC Unveils Distribution Details Of 387.5m Litres Of Petrol
By Shakrullah Odunsi Following the withdrawal of methanol-blended petrol imported into the country about a month ago, the Nigerian National Petroleum Company(NNPC) has released details of how it distributed a total of 387.59 million litres of Premium Motor Spirit in one week to bridge the gap. According to NNPC, the […]
Fuel Crisis: 5 NNPC Depots In SouthWest Out Of Stock
…as Ilorin, Ibadan, others affected By Shakrullah Odunsi Five Nigerian National Petroleum Company(NNPC) owned depots are currently out of Premium Motor Spirit(PMS) popularly called petrol, findings by Borderless News has revealed. The depots are located in Ibadan, Mosimi, Ejigbo, Ore, and Ejigbo. The out of stock status, however, contradicts the […]
NNPC, marketers begin 24-hour depot, retail outlet operations to end fuel scarcity
By Shakrullah Owolabi To address the lingering fuel scarcity occasioned by the imported adulterated petrol, the Nigerian National Petroleum Company (NNPC) Limited has announced the commencement of 24-hour operations in NNPC depots and retail outlets. The move according to a statement by NNPC Limited was to restore normal supply and […]
Outrage, Fear Over Influx of Contaminated Petrol into Nigerian Market
By Shakrullah Owolabi The importation of contaminated petrol by the Nigerian National Petroleum Corporation (NNPC) into the Nigerian market has sparked outrage among motorists and consumers. Some of the motorists who spoke to Borderless News also expressed fear of the possibility of the off-Spec fuel causing permanent damage to vehicle […]
‘There’s Sufficient Petrol’, Don’t Panic To Buy – NNPC
By Olatunde Dodondawa The Nigerian National Petroleum Corporation (NNPC) has calmed Nigerians not to panic about buying petrol. The commission said it has sufficient stock of premium motor spirit (PMS) to meet citizens’ needs. NNPC gave the assurance in a statement issued by Garba Deen Muhammad, Group General Manager, Group […]
PIA Provides Enormous Business Opportunities For NNPC Limited, Says Kyari
By Olatunde Dodondawa PIA Provides Enormous Business Opportunities for NNPC Ltd, Says Kyari As the Federal Government commenced full implementation of the Petroleum Industry Act (PIA) in earnest, the new legislation has been tipped to provide business opportunities that will enable the Nigerian National Petroleum Company Limited (NNPC) to earn […]
NNPC Records ₦141.96Billion Trading Surplus
By Olatunde Dodondawa The Nigerian National Petroleum Company (NNPC) Limited has announced a huge leap in trading surplus of ₦141.96billion recorded in June 2021 compared to a deficit of ₦37.46Billion in May 2021. This is contained in the June 2021 figures of the NNPC Monthly Financial and Operations Report (MFOR). […]
Fuel Supply: Do Not Panic, NNPC Urged
By Olatunde Dodondawa FUEL SUPPLY: PLEASE DO NOT PANIC The Nigerian National Petroleum Corporation (NNPC) Limited has called on motorists to avoid engaging in panic buying of petroleum products assuring that there is enough stock to serve the country all through the festive season and beyond. NNPC made this known […]
Mele Kyari Has Transformed NNPC, Says PPRAC
By Olatunde Dodondawa Mallam Mele Kyari, GMD/CEO NNPC. …As GMD Wins 2020 Zik Leadership Award The Group Managing Director/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 […]