The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of Premium Motor Spirit (PMS), popularly known as petrol or fuel, at its retail outlets in Abuja and neighbouring areas. Checks by journalists on Monday (today) showed that NNPCL filling stations in the Federal Capital Territory and its …
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Alleged money laundering: EFCC arraigns ex-MD Warri Refinery, Jimoh Yisawu
The Economic and Financial Crimes Commission (EFCC) on Monday arraigned Jimoh Yisawu, former Managing Director, Warri Refining and Petrochemical Company Ltd, for money laundering. Yisawu, who was arraigned on eight-count charge before Justice Inyang Ekwo of the Federal High Court in Abuja, pleaded not guilty to all the counts. After …
Read More »SERAP sues NNPCL over ₦5.9bn rebranding cost
The Socio-Economic Rights and Accountability Project has filed a lawsuit against the Nigerian National Petroleum Company Limited over what it described as the company’s failure to account for approximately ₦5.9 billion allegedly spent on the incorporation, transition and rebranding of the NNPC into NNPCL. SERAP said the NNPC reportedly paid …
Read More »N210trn audit: Senate issues arrest warrant on ex-NNPCL Boss, Mele Kyari
The Senate Committee on Public Accounts has issued a warrant of arrest against former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, following his failure to appear before the committee to respond to audit queries involving a cumulative sum of ₦210 trillion. The decision …
Read More »Nigerian Refineries: Sack Ojulari over NNPCL, Chinese firms’ deal, restart process – Abakpa
A public affairs analyst and civil society advocate, Edward Abakpa has demanded the resignation of the Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Bayo Ojulari, over the state-owned firm’s latest Memorandum of Understanding with Chinese firms. He disclosed this in a statement on Tuesday. This online medium …
Read More »Dangote Hosts NNPCL CEO, Ojulari At Refinery, Unveils Port Expansion Plans
Aliko Dangote, Africa’s richest industrialist, on Saturday hosted the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, on a facility tour of the Dangote Refinery, where officials outlined major upgrades to the refinery’s marine and port infrastructure. The technical briefing, held at the refinery’s …
Read More »NNPCL posts N539bn profit in August despite decline in oil output
THE Nigerian National Petroleum Company Limited (NNPCL) reported a profit of ₦539 billion for August 2025, marking a 91.3% increase from the ₦185 billion recorded in July. The figures were contained in the company’s latest monthly financial report. According to the report, revenue rose to ₦4.655 trillion in August, up …
Read More »Ogoni: Tinubu directs NSA to engage stakeholders on resuming oil operations
PRESIDENT Bola Tinubu has directed the National Security Adviser (NSA), Nuhu Ribadu, to begin engagement with Ogoni communities, NNPCL, and stakeholders to finalise restarting oil operations. The President stated this on Wednesday, at the Presidential Villa while receiving the report of the Ogoni Consultations Committee. ”I am directing the …
Read More »Nigeria nears 100% oil production – NNPCL boss
THE Nigerian National Petroleum Company Limited (NNPCL) says it is attaining close to 100 per cent crude oil production capacity following strengthened collaboration with security and intelligence agencies. The Group Chief Executive Officer of NNPC Ltd, Mr Bayo Ojulari, made this known at the opening of the maiden African Chiefs …
Read More »Ex-NNPCL GMD urges Students to Pursue Career Goals, Embrace Integrity
FORMER Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), Mr Abubakar Yar’Adua, has advised secondary school students to remain focused on their chosen careers and uphold integrity in all their endeavours. Yar’Adua, who is also one of the founding members of the Kaduna Refining and Petrochemical Company …
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