Nigerian National Petroleum Company Limited Archives

NNPCL declares N3.3trn profit for 2023 financial year

NewsDeskNgAug 19, 2024August 19, 20240

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has declared a N3.3 trillion profit for the 2023 financial year. Chief Financial Officer of NNPC Ltd, Umar Ajiya who addressed newsmen on Monday on the development, said this was the highest profit declared by the company since inception. Meanwhile, NNPC Ltd....

Ohanaeze: Call for Kyari’s removal targeted at Tinubu

NewsDeskNgAug 12, 2024August 12, 20240

A pressure group in the South-East, Ohanaeze Think Tank, has declared that those behind the calls for the removal of the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, are after President Bola Tinubu. President Tinubu is the Minister of Petroleum Resources. In a statement on...

Deji – Reducing NNPCL’s stake in Dangote refinery recipe for losses

NewsDeskNgJul 15, 2024July 15, 20240

Activist lawyer, Deji Adeyanju, on Monday, informed President Bola Tinubu of the implications of the Nigerian National Petroleum Company Limited reducing its stake in the Dangote refinery from 20 percent to 7.2 percent. Adeyanju warned President Tinubu that NNPCL’s decision has significant implications for Nigeria’s economy and welfare. The Chairman...

NNPCL to roll out 100 additional CNG stations in Nigeria

NewsDeskNgJul 5, 2024July 5, 20240

The Nigerian National Petroleum Company Limited has announced that an additional 100 Compressed Natural Gas stations will be rolled out nationwide in the next twelve months. Managing Director, NNPC Retail Limited, Huub Stokman disclosed this on Thursday at an inauguration of 11 CNG stations simultaneously across locations in Abuja and...