Tag: NNPC

NNPC, Sahara Group Knot Ties For Energy Access, Sustainability Promotion

Aliyu Aliyu

The Nigerian National Petroleum Company Limited (NNPCL) and Sahara Group have heightened agreement to collaborate for the promotion of energy access and sustainability. A statement from Sahara Group, which confirmed this, added that the talk was central to the courtesy visit paid to the Group CEO of NNPC Ltd, Mr. Bayo Ojulari, by the Executive Directors, Mrs. Moroti Adedoyin-Adeyinka, Dr. kola Adesina, Mr. Tope Shonubi and Mr. Wal Ajibade at the NNPC Towers in Abuja. “From oil and gas to data and infrastructure, the conversation explored how transparent, impact-driven partnerships…

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I’ll Fight Oil Traders, Marketers Frustrating Tinubu’s Reforms – Dangote

Ganiyu Amodu

President of Dangote Group, Aliko Dangote, said he would fight to a standstill some major oil marketers and traders who were bent on frustrating the efforts on President Tinubu in revamping the nation’s economy. Dangote,who said this during his visit to President Tinubu gave the clarification on the heels of his earlier statement to fight the cabal in the oil sector in order to guarantee the survival of his $20bn refinery. He said his statement was not in any way connected to the new leadership of the Nigerian National Petroleum…

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20/48: Marinho To Ojulari, Tale of 20 Managing Directors In NNPC 48 Years’ History

Ganiyu Amodu

With the appointment of Engineer Bayo Ojulari as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), the number of helmsmen at the multi-billion dollars oil company hit 20. Bayo Ojulari; 10 Quick Facts About NNPC Ltd New GCEO Mele Kyari Sacked, Ojulari In As Tinubu Stirs Major Shakeup At NNPC Platforms Africa presents the full name and tenure of the twenty oil men that have sat at the most coveted seat at the NNPC. 1. Remilekun Marinho (1977-1980) 2. Odoliyi Lolomari (1980-1981) 3.…

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‘We Don’t Want Peace,’ Nigerians Want NNPC, Dangote Price War To Continue

Ganiyu Amodu

. How the ‘beneficial price war’ crashed petrol price to N860 per litre   The prevailing competition in fuel refining appears to be bringing succour to petroleum products consumers across the country, as the major refining firms Dangote Petroleum Refinery & Petrochemicals and the Nigerian National Petroleum Company Limited (NNPC), engage in price slash game in a bid to dominate the market. The marketing strategy, popularly referred to as “price war” by stakeholders, is forcing the prices of Premium Motor Spirit (PMS) down at the filling stations. Already, some marketer…

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NNPC Reduces Petrol Price To ₦‎860/Litre

Ganiyu Amodu

The Nigerian National Petroleum Company Limited, NNPCL, has announced a reduction in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to N860 per litre. This development is the latest in a price war among oil marketers and independent petroleum dealers. It is also influenced by fluctuations in global crude oil prices. The new NNPCL price, which takes effect on Monday, marks a significant drop from the previous average of N920 per litre. Former UNILAG Chief Imam Prof. Murtala Bidmos Is Dead DevReporting Takes Off, Names Mojeed…

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‘Contained, No Casualties’ NNPC Gives Update As Fire Rocks Cawthorne Channel 1 Barges

Ganiyu Amodu

The Nigerian National Petroleum Company Limited (NNPC Ltd) has given an update on a fire that broke out on the dry crude storage barge BESTAF5 at Cawthorne Channel 1, Rivers State, on Wednesday spreading to other barges. The company, in a statement by its Chief Corporate Communication Officer, Olufemi Soneye on Thursday, said that the fire has been successfully contained with no casualties. “At approximately 14:10 hours on Wednesday, February 19, 2025, a fire broke out on the dry crude storage barge BESTAF5 at Cawthorne Channel 1, Rivers State, spreading…

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Vandals Responsible For Buguma Wellhead Fire – NNPC Ltd

Ganiyu Amodu

The Nigerian National Petroleum Company Limited (NNPC Ltd) reports that the fire incident at its Buguma Wellhead 008, operated by its subsidiary, NNPC Eighteen Operating Ltd (NEOL), was directly caused by the activities of pipeline vandals attempting to compromise the Christmas Tree and steal crude oil. According to an e-signed information from NNPC Ltd, the Chief Corporate Communications Officer, NNPC Ltd., Abuja, Olufemi Soneye said that this unfortunate act of sabotage, which also resulted in severe damage to the well’s back pressure valve, reflects a disturbing pattern of repeated attacks…

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How Dangote’s $750m Offer To Manage Nigeria’s Refineries Was Rejected — Obasanjo

Ganiyu Amodu

Former President Olusegun Obasanjo has revealed new details about Nigeria’s refinery woes, recounting failed efforts to privatise the country’s refineries and the subsequent financial losses under government management. In an exclusive interview with Channels TV on Thursday, Obasanjo discussed the Port Harcourt, Warri, and Kaduna refineries during his presidency. He explained how he sought external help to rehabilitate and manage the facilities but faced resistance. He recalled, “I asked Shell to come and run it for us and Shell said they wouldn’t I said, Please come and take equity they…

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Feedback For Farooq’s Fallacy, By Emeka Okonta

Emeka Okonta

In this age and century, Mr. Kperogi, based on gossip and hearsay he claimed he had with his “friend,”is now advocating not competence, not experience, but ethnicity as a major consideration for anyone who should head an agency that will regulate an industry with active participation by Royal Dutch Shell, American oil multinationals like ExxonMobil and Chevron, France-headquartered TotalEnergies, Italian Agip among UK stock exchange-listed oil giants like Seplat and others.   “I haven’t independently confirmed the accuracy of this claim” is one of the many clauses used by Mr.…

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NNPC Foundation Commences Business Pitching Assessment For Corps Members

Ganiyu Amodu

. Backs FG’s Vision to Combat Graduate Unemployment   The NNPC Foundation has commenced business pitching assessments for 2,659 corps members trained by the foundation, aiming to support their businesses through the distribution of start-up packs. The Managing Director of the NNPC Foundation, Mrs. Emmanuella Arukwe, stated that this empowerment initiative is part of the foundation’s efforts to tackle post-graduation youth unemployment and help young graduates become economically self-sufficient. During the opening ceremony of the Foundation’s business pitching assessment for eligible NYSC members in Abuja on Thursday, Arukwe emphasized that…

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