The Nigerian National Petroleum Corporation (NNPC) is seeking to raise $1 billion oil prepay for revamping Port Harcourt refinery.
The NNPC recorded gross revenue of N222.3 billion from Crude oil and gas sales in October, remitted in November 2020.
President Buhari has disclosed that the country will soon achieve its dream of fully utilizing its abundant gas potential.
Inability to access foreign exchange is affecting oil marketers' resumption of importation of products.
Kyari has revealed that the ongoing construction of AKK Gas Pipeline project is at 15% completion currently.
The NNPC has revealed plans to help motorists switch from Premium Motor Spirit (PMS) to Autogas.
NNPC GMD has said that he is hopeful that the corporation will declare dividends in 2020.
NNPC boss, Malam Mele Kyari has said that Nigeria is more endowed with gas than it is of oil.
The Federal Government has announced plans to make the foreign exchange available to petroleum product marketers.
NNPC GMD and the Governor of the CBN have been summoned by the House of Representatives.