THE NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Ltd. (NNPC Ltd.), has executed a Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE. Under the agreement, the NNPC Gas Marketing Limited will supply 100 Cubic Feet Per Day (MMSCF/D) gas …
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THE Board of Directors of NNPC Limited is pleased to announce a series of strategic leadership appointments. These changes reflect our continued dedication to enhancing corporate governance, improving operational efficiency, and ensuring long-term success in Nigeria’s energy sector. The following key appointments have been made: 1. Mr. Adedapo A. Segun …
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NIGERIA’s landing cost of Premium Motor Spirit (Petrol) dropped to N971 per litre in November 2024. This is according to the latest data released by the Major Energies Marketers Association. The figure represents a 20.23 percent drop in the landing cost of imported petrol, compared to N1,219 per litre recorded …
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THE minister of finance and coordinating minister of the economy, Wale Edun has disclosed that the Nigerian National Petroleum Company (NNPC) Limited has commenced the process of paying the $6 billion debt owed to suppliers. Edun spoke on Wednesday during an engagement with investors in Washington DC. The global investors’ …
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The Nigerian National Petroleum Company Limited has agreed to sell Premium Motor Spirit (petrol) to members of the Independent Petroleum Marketers Association of Nigeria at N995 per litre. This followed the intervention of the Department of State Services in the controversy between the two parties. The National Vice President of …
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THE Nigerian National Petroleum Company Limited, NNPCL, has said that the production of three million barrels of crude oil per day is achievable from the 1.7 million it is. According to NNPC, the political will in that regard was already provided by President Bola Tinubu with directives to relevant …
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A former National Vice Chairman, North-West of the All Progressives Congress, APC, Dr Salihu Lukman has described petroleum pricing since the commencement of production of Dangote Refinery and the Nigeria National Petroleum Company Limited, NNPCL, as manipulative. Lukman, in a statement issued Tuesday titled, “Nigerian Democracy in ICU”, said the …
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THE Nigerian National Petroleum Company Limited said on Sunday night that it stood by its earlier disclosure that Dangote Refinery Petrol was sold to them at N898 per litre. NNPC Ltd.’s spokesperson, Mr Olufemi Soneye, spoke to the fact of the matter after Dangote Refinery issued a statement rebutting the …
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MARKETERS have demanded direct access to Premium Motor Spirit (petrol) from the Dangote refinery, criticising the firm grip of the Nigerian National Petroleum Corporation on the market. The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, said the market should be open for all in …
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THE Nigerian National Petroleum Company (NNPC) Limited on Saturday said about 300 trucks have arrived at the Dangote Refinery ahead of the loading of petrol. DAILY POST had reported that NNPC announced that the first batch of petrol would be loaded from Dangote Refinery on Sunday. The company’s Chief Corporate …
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