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Tag Archives: NNPC

NNPCL increases petrol price from ₦1,250 to ₦1,270 per litre

The Nigerian National Petroleum Company Limited (NNPCL) has increased the price of petrol at its retail stations in Abuja and nearby areas from ₦1,250 to ₦1,270 per litre. themomentng understands that the latest adjustment means customers buying Premium Motor Spirit (PMS) from NNPCL stations now pay ₦20 more for each …

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NNPC, SNEPCo, Badagry LG partner on comprehensive healthcare to residents

The Nigerian National Petroleum Company Ltd. (NNPC) has partnered with Shell Nigeria Exploration and Production Company Ltd. (SNEPCo) and Badagry Local Government to provide comprehensive healthcare services to residents. The partnership is being implemented through the sixth edition of the Vision First Eye Care initiative, and will hold from Aug. 10 …

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NEC approves refinancing of $3.3bn project gazelle

The National Economic Council (NEC) has approved the refinancing of the 3.3 billion dollars Project Gazelle Pre-Export Finance Facility through a new 4.5 billion dollars facility named “Project Gazelle 2”. Newsextra24 reports that the approval was made during the 159th meeting of the National Economic Council (NEC) held virtually on …

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NNPC To Retire Over 70% Staff – Report

The Nigerian National Petroleum Company (NNPC) Limited has commenced an early retirement programme for some categories of employees as part of efforts to reposition its workforce and improve operational efficiency. The initiative, which is structured under the Accelerated Exit Scheme and the Voluntary Exit Scheme, is said to be attracting …

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NNPCL records N481bn profit in April

The Nigerian National Petroleum Company Limited (NNPC Ltd.), says it has recorded N481 billion Profit After Tax (PAT) for April 2026. The development represented a sharp jump from the N276 billion posted in March, the company said in the April  Monthly Report Summary, released on its X handle. The company …

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NNPC Foundation begins vulnerable farmers training in North-Central Zone

THE NNPC Foundation, the Corporate Social Responsibility (CRS) arm of NNPC Ltd., has commenced a vulnerable farmers training programme in the North-Central Zone. Mrs Emmanuella Arukwe, Managing Director, NNPC Foundation, said this on Friday at the inauguration of the programme for North-Central Zone in Bwari, Abuja. Arukwe said that the …

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Nigeria targets 25% industrial growth by 2035 – Minister

Federal Government says Nigeria has projected a significant rise in industrial contribution to GDP, targeting 25 per cent growth between 2025 and 2035 under a newly validated strategic framework. Sen. John Owan, Minister of State for Industry, made the remark during a panel session at the ongoing Gastech Exhibition and …

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NNPC has completed assessment on 3 Nigerian Refineries – Ojulari

The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mr Bayo Ojulari, says the company is considering partnering with a professional refinery operator to address Nigeria’s lingering refining challenges.Ojulari said this on Thursday while receiving members of the National Executive Council (NEC) of the Petroleum and …

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