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Tag: nigerian national petroleum corporation

FG Refineries Suffer N19bn Loss In Two Months

NNPC
The NNPC oil refineries owned by the Federal Government recorded a total loss of N18.96bn in the first two months of this year, the Nigerian National Petroleum Corporation has said.Read More

NNPC Reduces Ex-Depot Price Of Petrol

Petrol tankers
The Nigerian National Petroleum Corporation (NNPC) on Wednesday, May 6th, 2020 announced a reduction in the ex-depot price of petrol from N113.28k per litre to N108.00K per litre. It saidRead More

FG Cuts 2020 Budget In View Of Coronavirus Pandemic

The Minister of Finance, Budget and National Planning, Zainab Ahmed
The Federal Government has sent a slashed 2020 budget to the National Assembly, cutting down some costs, with consideration of the effects of coronavirus pandemic on Nigeria. A top sourceRead More

Suspected Vandals Lay Pipe To Steal Fuel From NNPC Pipeline

Suspected vandals lay pipe to steal fuel from NNPC pipeline
An illegal pipe laid by suspected vandals to siphon fuel from the Nigerian National Petroleum Corporation (NNPC) pipeline at Aboru, Lagos State, has been discovered. The illegal pipe was uncoveredRead More

Another NNPC Pipeline Leaks In Satellite Town, Lagos

Oil Pipeline
The Nigerian National Petroleum Corporation (NNPC) pipeline along Ojukwu Street, Navy Town area of Satellite Town in Lagos is reportedly leaking. The Director-General of Lagos State Emergency Management Agency, Mr.Read More

Nigeria Cuts Crude Selling Prices To Woo Buyers

Crude oil
Nigeria has slashed the official selling prices for its crude oil to record lows to clear a glut of unsold April-loading cargoes before releasing the May programme on Monday. TheRead More

FG Directs NNPC To Reduce Petrol Price From N145

Petrol pump
The Federal Government has directed the Nigerian National Petroleum Corporation (NNPC) to reduce the pump price of petrol to reflect the current crash in the global crude oil price. PresidentRead More

Lagos Explosion Destroyed Over 50 Houses – NEMA

Lagos explosion destroys over 50 houses
The National Emergency Management Agency (NEMA) has said that more than fifty (50) houses were damaged by the explosion that rocked Abule Ado, Amuwo Odofin area of Lagos State, nearRead More

Coronavirus: Trouble Looms In Nigeria As 50 Oil Cargoes Stranded

Coronavirus
The Nigerian National Petroleum Corporation (NNPC) on Wednesday, March 11th, 2020 raised an alarm regarding the imminent crisis as a result of low oil prices and urged Nigerians to getRead More

NNPC: All Nigeria’s Three Refineries Posted N123.3bn Loss In 10 Months

NNPC
The latest figures released on Wednesday showed that the Nigerian National Petroleum Corporation (NNPC) reported that the country’s refineries made a cumulative loss of N123.25bn from January to October 2019.Read More