AJAOKUTA (CONVERSEER) – Five years of early mornings, dusty boots, long stretches away from home, and the resolve it takes to stay the course on a project bigger than any team or person. When people talk about the AKK (Ajaokuta-Kaduna-Kano) Gas Pipeline project, they often talk about steel, kilometres, capacity, and national impact. All important…
…as Ojulari pledges strategic investments to sustain growth into next decade By Our Reporter ABUJA (CONVERSEER) — NNPC Limited has announced its financial performance for the full year ended 2024, reporting a Profit After Tax of ₦5.4 trillion on revenue of ₦45.1 trillion. The results, shared during its earnings call with analysts, underscore a year…
…says every oil, gas molecule critical to national prosperity, energy security Group Chief Executive Officer, NNPC Limited, Engr. Bashir Bayo Ojulari, has reaffirmed the company’s strategic direction towards value creation, competitiveness and efficiency as the foundation of its new business model. The GCEO made this known while delivering a keynote address themed “Building a Resilient…
Nigeria’s Senate has given NNPCL 21 days to respond to audit queries over N210 trillion in unreconciled funds, raising concerns over transparency and public accountability.
ABUJA – In a decisive effort to arrest long-standing inefficiencies in Nigeria’s refining operations, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has removed the managing directors of the company’s three major refineries located in Port Harcourt, Kaduna, and Warri. According to Peoples Gazette, the leadership shake-up, which…
Port Harcourt, Nigeria – Operations at the Port Harcourt Refining Company have come to a halt less than a month after it appeared to resume production. The facility, which underwent a $1.5 billion rehabilitation, is no longer lifting Premium Motor Spirit (PMS), commonly known as petrol. PUNCH reported that a visit to the refinery on…
Port Harcourt, Rivers State — The Rivers State Government has denounced a misleading report circulating on social media claiming that Governor Siminalayi Fubara ordered the shutdown of all oil companies, including the Nigerian National Petroleum Company Limited (NNPCL), within the state. The government dismissed the news as false and labelled it as a baseless fabrication…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has said it was waiting for 15th September timeline provided by Dangote Refinery to lift petrol from the Refinery. This was disclosed by Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd., on Thursday amid scarcity and price hike, which is causing uproar among Nigerians. Segun who…
Nigerians have reacted to the Nigerian National Petroleum Corporation Limited (NNPC) increasing petrol pump prices to between N868 and N940 per litre. Recall that since President Bola Tinubu was sworn in, the first statement he made in 2023 was “Fuel subsidy is gone.” The statement has thrown the country into economic chaos, with petrol prices…
Former Vice President Atiku Abubakar has laughed at the Nigerian National Petroleum Company Limited (NNPC) handing over Warri and Kaduna Refineries to private operators. Atiku made the laughing gesture via an emoji while reacting to the news headline shared by Channels TV on X (formerly Twitter) on Friday night. 😊 https://t.co/Fcr4nvu98W — Atiku Abubakar (@atiku)…
