All posts tagged "nigerian national petroleum"
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Nigeria’s refineries now producing 10m litres/day of fuel – NNPC
The Nigerian National Petroleum Corporation, NNPC, Thursday, announced an improvement in Nigeria’s refining capacity, declaring that domestic refining of Premium Motor Spirits, PMS, at the country’s three refineries has increased to 10.23 million litres per day. According...
- Posted May 3, 2013
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Nigeria loses N191billion to crude oil theft in three months
Nigeria lost about N191 billion ($1.23 billion) in the first quarter of 2013, due to drop in crude oil production, arising from incessant crude oil theft and vandalism along the major pipelines within the Niger Delta, the...
- Posted April 18, 2013
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NNPC denies looming fuel scarcity in South-West
The Management of the Nigerian National Petroleum Corporation, NNPC, have informed members of the public to disregard the reports of imminent fuel scarcity in the South-West region. In a statement by the acting Group General Manager, Public...
- Posted April 14, 2013
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FG, states share N731.13bn from federation account
The Federation Account Allocation Committee on Friday night allocated the sum of N731.13bn among the three tiers of government for the Month of March. The March allocation represents a decline of N1.49bn over the N729.64bn shared by...
- Posted April 14, 2013
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Fuel scarcity looms in Lagos, other states
A major fuel shortage is imminent in the country as a result of the inability of the Nigerian National Petroleum Corporation, NNPC, to pump the product to five depots. This was attributed to the breakdown of system...
- Posted April 12, 2013
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National Assembly summons NNPC boss over $1.5bn loan
A showdown is imminent between the National Assembly and the Nigerian National Petroleum Corporation (NNPC) over a directive to the indigenous oil company to stop moves to obtain a $1.5 billion loan. NNPC Group Managing Director, Mr...
- Posted February 11, 2013