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Edited by Elizabeth David The Nigerian National Petroleum Company Limited (NNPCL) has sent all management staff with less than 15 months to statutory retirement on compulsory early retirement. A statement signed by management of the oil company on Monday, September 18, 2023, and posted on its X handle (formerly Twitter) early Tuesday morning stated that the early retirement takes immediate effect from Tuesday, September 19, 2023. According to the […]
The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, NNPCL Mr Mele Kyari, says the company's retail has made a profit of 18.4 billion naira in the first quarter of 2023. Mr Kyari disclosed this at the resumed investigative hearing of the house of Representatives Ad-hoc Committee on the Acquisition of OVH Energy by the NNPCL. This he said was as a result of acquisition of the […]
The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari, and the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (MMDPRA), Farouk Ahmed, have shunned a probe of irregularities and alleged corruption in the Company. The probe carried out by the House of Representatives Ad hoc Committee, is also investigating the circumstances surrounding the acquisition of OVH Energy Marketing by […]
The House of Representatives is to summon the Group Managing Director of the Nigeria National Petroleum Company Limited, NNPCL over the sudden increase in the pump price of Premium Motor Sprit, PMS in the Country. This was sequel to the adoption of a motion of urgent public importance sponsored by Mr Ikenga Ugochinyere from Imo State at plenary. In his lead debate, the lawmaker expressed concern over the sudden increment […]
