THE Nigerian National Petroleum Company Limited (NNPC Ltd) wishes to clarify that the tightness in the supply of Premium Motor Spirit currently being experienced in some areas across the country is as a result of logistics issues and that they have been resolved. It also wishes to reiterate that the …
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THE Nigerian National Petroleum Company (NNPC) Limited has been reported to owe around $3 billion to oil traders for imported petrol. Five sources close to the matter revealed to Reuters that the national oil company is, however, clearing the overdue payments for the imported oil, although the pace of repayment …
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FORMER presidential aide Dr. Usman Bugaje, who stirred controversy recently, has explained why Nigeria’s oil in the south belongs to the north. Newsextra24 recalls that Bugaje had once said there are no oil-producing states but the Nigerian state. He stated that the over 70% landmass of the North is what earned …
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A massive fire outbreak has been reported at the NNPC Mega Station on Bank Road in Jimeta, located in Yola North Local Government Area of Adamawa State. Newsextra24 gathered the incident happened on Thursday night.
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THE Nigerian National Petroleum Company Limited (NNPC) said that Nigeria would need between $10 billion and $15 billion in the next two to three years to ramp up its existing gas infrastructure. The Group Chief Executive Officer of the NNPC, Mele Kyari, gave the estimate at the 2024 edition of …
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THE Nigerian National Petroleum Company Limited (NNPC) said that Nigeria would need between $10 billion and $15 billion in the next two to three years to ramp up its existing gas infrastructure. The Group Chief Executive Officer of the NNPC, Mele Kyari, gave the estimate at the 2024 edition of …
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FOLLOWING the mounting concerns on the $3.3 billion loan secured for the Nigerian Government by the Nigerian National Petroleum Company Limited, the firm has given more detail on the debt. Newsextra24 reports that the Government received $2.25 billion from the $3.3 billion. Giving further details on the facility, the Nigerian …
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THE Nigerian National Petroleum Company Limited, (NNPC), on Thursday, announced the death of a former Group Managing Director, GMD, and Acting Alternate Chairman of the Board of the defunct Nigerian National Petroleum Corporation, Thomas Maurice Asuquo John. Newsextra24 learnt that John died at the age of 84. NNPC extended the company’s …
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RESIDENTS of Iseyin in Oyo State are currently gripped by palpable fear due to a fire outbreak at one of the stations of the Nigerian National Petroleum Corporation (NNPC). Newsextra24 gathered that the petroleum station, located at Agip area of Iseyin, caught fire around 2 p.m., causing panic among the …
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THE Academic Staff Union of Universities (ASUU) and the Committee of Vice Chancellors of Nigerian Universities have strongly criticised the FG’s 40% IGR deduction plan, labelling it detrimental to the university system. In a letter dated October 17, 2023, titled ‘Implementation of 40% automatic deduction from internally generated revenue of …
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