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    Kapital FM 92.9 The Station that Rocks!

NNPCL

15 Results / Page 1 of 2
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Featured

House Seeks Full Disclosure On CBN, NNPCL Revenue Remittances

The House of Representatives Public Accounts Committee (PAC) has directed the Office of the Accountant General of the Federation (OAGF) to provide a detailed breakdown of outstanding operating surplus and other revenues allegedly owed to the Federal Government by the Central Bank of Nigeria (CBN), the Nigerian National Petroleum Company Limited (NNPCL) and other government agencies. The committee also demanded explanations over the alleged deduction of N15 billion from the […]

todayJuly 15, 2026

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Featured

N210tr Audit Queries: Senate Sets April 29 Deadline For NNPCL

The Senate, through its Public Accounts Committee, has set April 29, 2026 as the deadline for the management of the Nigerian National Petroleum Company Limited to appear before it and account for the alleged unaccounted N210 trillion contained in audit reports covering 2017 to 2023. The committee specifically directed that the Group Chief Executive Officer of NNPCL, Engineer Bayo Ojulari, should appear alongside the immediate past GCEO, Mele Kyari, former […]

todayApril 15, 2026

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Featured

Senate Gives NNPCL 3wks To Answer Queries On Unaccounted N210tr

The Senate, through its Committee on Public Accounts, has given the Nigerian National Petroleum Company Limited (NNPCL) a three-week deadline to respond to queries raised in the audit reports covering 2017 to 2023, concerning an unaccounted sum of N210 trillion. Chairman of the Committee, Senator Ahmed Wadada Aliyu (Nasarawa West), clarified that the amount in question was neither missing nor stolen but required thorough reconciliation and accountability. The ultimatum was […]

todayJuly 29, 2025

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National

NNPCL Gets New Boss, Bashir Ojulari

President Bola Ahmed Tinubu has approved the appointment of Engineer Bashir Bayo Ojulari as the new Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, removing the 11-man board led by non-Executive Chairman, Pius Akinyelure and Mallam Mele Kolo Kyari as the Group CEO. The President, in a statement signed by his Special Adviser on Information and Strategy, Mr Bayo Onanuga, announced the reconstitution of the NNPCL […]

todayApril 2, 2025

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Featured

NNPCL Denies Price Adjustment To PMS, Diesel

    The Nigerian National Petroleum Company Limited NNPCL has clarified rumours suggesting a price adjustment for Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) at its retail stations nationwide. The company asserts that these reports are false and urges Nigerians to disregard them entirely. This is contained in a statement by the chief corporate communications officer, Mr Olufemi Soneye which reaffirms the NNPCL's commitment to sustaining the current […]

todayMarch 27, 2024

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National

NNPCL Collaborating With US To Meet Net Zero Carbon Goals

  The Nigerian National Petroleum Company Limited, NNPCL says it is collaborating with the United States Department of States and international management consultancy firm, Deloitte, to meet its net-zero carbon goals. To this end, it says it is embarking on a project aimed at reducing the emission of methane and other greenhouse gases from its upstream operations. This is contained in a statement by the Chief Corporate Communications Officer, Mr […]

todayFebruary 6, 2024

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Economy

NNPCL, Marketers Clash Over Subsidy

The Nigerian National Petroleum Company Limited and fuel marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria, on Tuesday, clashed again over the removal of subsidy on petrol. This came against the backdrop of the depreciation of the naira against the United States dollar at both the official Investors & Exporters Window and the parallel market. On Tuesday, the local currency closed at 998/dollar at the official […]

todayJanuary 3, 2024

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National

NNPCL Detects 4, 800 illegal Connections On Oil Pipelines

  By James Itodo The Nigerian National Petroleum Company ( NNPCL) , says that there are 4, 800 illegal connections on over 5,000 kilometres of oil pipelines across the country. The Group Chief Executive Officer of NNPCL, Mele Kyari stated this during an interface with the members of the committee on Appropriation in Abuja. The NNPCL boss in his submissions before the committee said the oil component of the budgetary […]

todayDecember 9, 2023

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National

NNPCL Secures Major LNG Deal For Domestic, International Market

By Bughni Alfred The Nigerian National Petroleum Company Limited NNPCL says it has successfully signed two major agreements to deliver Liquefied Natural Gas to the domestic gas market and the international LNG market to further boost natural gas utilisation in the country. In a statement by the chief corporate communications officer of the company, Olufemi Soneye says the agreement were signed during two separate signing ceremonies held on the sidelines […]

todayDecember 7, 2023