
Nigerian National Petroleum Corporation (NNPC)







Nigerian National Petroleum Corporation continues to spend billions on its refineries despite relying 100% on importation to meet petrol demand in the country.

Petrol price may rise to N340/litre in 2022 after the removal of subsidy, Mele Kyari, the GMD of the Nigerian National Petroleum Company Limited (NNPC) said.

The groups described the threat of mass action protest plan to occupy the NNPC towers in Abuja as capable of inciting violence in the Federal Capital Territory.

One top stories that trended among other top reports in mainstream Nigerian online news media is the news about the list of wanted Nigerians given by the EFCC.

The Nigerian National Petroleum Company has contracted Nnewi-based Innoson Vehicle Motors (IVM) to produce Condensed Natural Gas (CNG) city buses nationwide.

The inauguration of the new board of the NNPC which had earlier been scheduled to take place on Wednesday, November 4 has been postponed by President Buhari.

Again, the federal government will from next year transfer about N2.4 trillion to about 40 million Nigerians as transportation grants as government begins move.

NNPC recently disclosed that it has taken over the reconstruction of 21 federal roads across the country, but the group said the Niger Delta is being sidelined.

While Nigeria struggles to produce enough oil, vandals are expanding their operations from the limited supply and this has led to the country falling behind.
Nigerian National Petroleum Corporation (NNPC)
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