
Nigerian National Petroleum Corporation (NNPC)







Mele Kyari, NNPC GMD, has stated that the benefits of fuel subsidy payments were enjoyed by the market cabals instead of being channelled for people's benefits.

The Senate committee said that while the cost of oil production in Saudi Arabia is $4 per barrel and $3 per barrel in Russia, it is $21.2 per barrel in Nigeria.

Maikanti Baru, the immediate past group managing director of the Nigerian National Petroleum Corporation (NNPC), is dead. This was announced by GMD Mele Kyari

President Muhammadu Buhari has mourned the former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Maikanti Kachalla Baru.

President Muhammadu Buhari has approved the reconstitution of the board of the Nigerian National Petroleum Corporation (NNPC), after the expiration of the term.

The experts posited that subsidy removal, deregulation of the downstream sub-sector; and acceleration of the and assent to the PIB are urgent reforms needed.

The Nigerian National Petroleum Corporation (NNPC) has announced a reduction in the ex-depot price of petrol from N113.28k per litre to N108.00K per litre.

The federal government counts on the support of the law enforcement agencies across the country to ensure smooth distribution of petroleum products in Nigeria.

The NNPC has said that its retail stations will begin to sell fuel at the adjusted price of N125 per litre beginning Thursday, March 19, Mele Kyari has said.
Nigerian National Petroleum Corporation (NNPC)
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