Billions lost as Nigerian refineries remain inactive
Between April and November 2018, the Nigerian National Petroleum Corporation lost revenue totalling 228.1 billion due to inactive refineries.
Tag: Nigerian National Petroleum Corporation
Nigeria to handover TAM of refineries to Indian companies
The revitalisation of Nigeria's ailing refineries will be handled by Indian companies, the Nigerian National Petroleum Corporation (NNPC) made this ...
Governors’ Forum accuses NNPC of fraudulently doubling fuel figures
The Nigerian Governors' Forum, NGF, has accused the Nigerian National Petroleum Corporation, NNPC, of fraudulently doubling daily consumption of petrol ...
NNPC completes audit of 2011-2016 financial statements
The Nigerian National Petroleum Corporation (NNPC) has announced the successful completion of its outstanding audit of the Group Financial Statements ...
NNPC now pays ₦774 million as under-recovery daily, consumption hits 50 million litres
The Nigerian National Petroleum Corporation NNPC has revealed that it spends ₦774 million daily (about ₦23.99 billion monthly) as subsidy ...
What the NNPC failed to mention after saying fuel prices had dropped
The Nigerian National Petroleum Corporation (NNPC) has announced the results of a survey it recently carried out which showed a ...
Nigeria’s ₦4.314 trillion crude oil target now looks gloomy
Nigeria’s plan to increase its crude oil revenue to N4.314 trillion from 300 million barrels of crude oil now looks ...
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