NNPC
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According to the statement, the move is a cut from the refinery’s ₦990 ex-depot price announced earlier this month. A fleet of trucks are seen lifting Premium Motor Spirit, known as petrol, at the refinery located in the Ibeju-Lekki area of Lagos State. The Dangote Petroleum Refinery on Sunday announced a reduction in its price…
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The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the “failure to account for and explain the whereabouts of the alleged missing USD$2.04 billion and N164 billion oil revenues.” According to SERAP, the suit followed the allegations documented in the recently published 2020 audited…
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In the wake of the scandal involving the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, an activist, Deji Adeyanju on Saturday insisted that the National Nigerian Petroleum Company Limited, NNPCL, also transfer money into private accounts. Speaking on Arise TV, Adeyanju alleged that billions of dollars are transferred into private accounts without anybody…
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The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mele Kyari, on Thursday, allayed the fear of Nigerians on the rising prices of Premium Motor Spirit, known better as petrol across the country. The NNPC boss said competition among major players in the oil sector would force down the price of petrol as against the upward…
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